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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Research and development $ 108,707 $ 28,927 $ 689,004
General and administrative 238,758 147,608 436,958 3,911,518
Goodwill impairment 6,083,146 (0) 6,083,146 (0)
Total operating expenses 6,321,904 256,315 6,549,031 4,600,522
Loss from operations (6,321,904) (256,315) (6,549,031) (4,600,522)
Other income (expense):        
Reimbursement for expenses - related party 247,492 72,246 247,492
Interest expense, net (257,396) (1,094,878) (651,675) (1,392,341)
Gain on derecognition of non-financial asset 16,951,477 16,951,477
Change in fair value of derivative on debt (307,698) 122,919 (327,594) (67,922)
Miscellaneous income 36,988
Loss on extinguishment / conversion of debt (257,810)
Total other income (expense) (528,106) 16,227,010 (907,023) 15,480,896
Net income (loss) before non-controlling interests (6,850,010) 15,970,695 (7,456,054) 10,880,374
Net loss attributable to non-controlling interests (93,010) (41,424) (173,635) (281,964)
Net income (loss) attributable to Oncotelic Therapeutics, Inc. $ (6,757,000) $ 16,012,119 $ (7,282,419) $ 11,162,338
Basic net income (loss) per share attributable to common stock $ (0.02) $ 0.04 $ (0.02) $ 0.03
Basic weighted average common stock outstanding 394,374,227 379,203,841 393,829,610 378,588,600