XML 48 R34.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Intangible Assets (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Apr. 30, 2018
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Aug. 31, 2019
Goodwill   $ 21,062,455   $ 21,062,455   $ 21,062,455  
Amortization of identifiable intangible assets   12,841 $ 12,841 245,104 $ 38,524    
In Process Research and Development [Member]              
Amortization of identifiable intangible assets   68,860 $ 0 206,580 $ 0    
Merger Agreement [Member] | PointR [Member]              
Goodwill [1]             $ 16,182,456
Merger Agreement [Member] | Oncotelic [Member]              
Goodwill   $ 4,879,999   $ 4,879,999      
Assignment and Assumption Agreement [Member] | Autotelic Inc., [Member]              
Shares issued during the period for acquisition, shares 204,798            
Shares issued during the period for acquisition $ 819,191            
[1] The primary items that generate goodwill include the value of the synergies between the acquired company and PointR 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.