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Acquisitions - Schedule of Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($)
Dec. 31, 2019
Nov. 04, 2019
Apr. 22, 2019
Dec. 31, 2018
Goodwill $ 21,062,455    
Merger Agreement [Member] | Oncotelic, Inc. [Member]        
Cash     $ 182,883  
Prepaid expense     56,175  
Accounts payable and other current liabilities assumed     (1,391,302)  
Net assets/ liability acquired     (1,152,244)  
Goodwill [1]     4,879,999  
Total purchase price [2]     $ 3,727,755  
Merger Agreement [Member] | PointR [Member]        
Cash   $ 6,403    
Fixed Assets   56,792    
Other assets assumed (excluding cash and fixed assets)   260,905    
In-process research and development   1,377,200    
Liabilities assumed   (17,964)    
Net assets/ liability acquired   1,683,336    
Goodwill   16,182,456    
Total purchase price   $ 17,865,792    
[1] The primary items that generate goodwill include the value of the synergies between the acquired company and Oncotelic, Inc. and the acquired assembled workforce, neither of which qualifies for recognition as an intangible asset. Goodwill is the excess of the purchase price over the fair value of the underlying net tangible and identifiable intangible assets. In accordance with applicable accounting standards, goodwill is not amortized but instead is tested for impairment at least annually or more frequently if certain indicators are present. Goodwill and intangibles is not deductible for tax purposes. The Company has considered the valuation as a preliminary allocation of assets and liabilities and may adjust such estimates in the future, if deemed material.
[2] The total purchase price of $3,727,755 represents the consideration transferred from Mateon in the Merger and was calculated based on the number of shares of Common Stock outstanding at the date of the Merger.