XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Service Revenue $ 1,740,855
Total Revenue 1,740,855
Operating expenses:        
Research and development 621,927 936,196 3,135,413 1,730,337
General and administrative 1,187,035 680,077 4,475,642 4,263,265
Total operating expenses 1,808,962 1,616,273 7,611,055 5,993,602
Loss from operations (1,808,962) (1,616,273) (7,611,055) (4,252,747)
Other income (expense):        
Interest expense, net (445,363) (331,459) (1,400,249) (1,615,233)
PPP loan forgiveness 253,347 253,347
Change in fair value of derivative on debt 145,449 49,992 239,278 60,504
Loss on debt conversion (88,817) (27,504) (254,884)
Total other income (expense) (46,567) (370,284) (935,128) (1,809,612)
Net loss before non-controlling interests (1,855,529) (1,986,557) (8,546,183) (6,062,360)
Net loss attributable to non-controlling interests (293,001) (949,295)
Net loss attributable to Oncotelic Therapeutics, Inc. $ (1,562,528) $ (1,986,557) $ (7,596,888) $ (6,062,360)
Basic net loss per share attributable to common stock $ (0.00) $ (0.02) $ (0.03) $ (0.07)
Basic weighted average common stock outstanding 370,443,893 88,964,549 279,358,671 87,474,986