Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash	$ 79,173	$ 86,128
Restricted cash	20,000	20,000
Accounts receivable	18,976	18,976
Prepaid & other current assets	6,844	9,107
Total current assets	124,993	134,211
In process R&D	1,101,760	1,101,760
Goodwill, net of impairment	2,788,230	2,788,230
Investment in GMP Bio at fair vlue	22,653,225	22,653,225
Total assets	26,668,208	26,677,426
Current liabilities:
Accounts payable and accrued liabilities	2,463,305	2,437,167
Contingent consideration	2,625,000	2,625,000
Derivative liability on notes	762,983	703,616
Total current liabilities	19,484,762	19,199,914
Total liabilities	19,484,762	19,199,914
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $.01 par value; 750,000,000 shares authorized; 408,292,720 and 407,289,888 issued and outstanding, respectively	4,082,927	4,072,899
Additional paid-in capital	42,279,570	42,219,400
Accumulated deficit	(38,339,384)	(38,040,668)
Total Oncotelic Therapeutics, Inc. stockholders’ equity	8,023,113	8,251,631
Non-controlling interests	(839,667)	(774,119)
Total stockholders’ equity	7,183,446	7,477,512
Total liabilities and stockholders’ equity	26,668,208	26,677,426
Convertible Preferred Stock [Member]
Stockholders’ equity:
Convertible preferred stock, $0.01 par value, 15,000,000 shares authorized; 0 shares issued and outstanding
Related Party [Member]
Current liabilities:
Accounts payable to related party	346,570	346,057
Convertible debt and short-term debt, net of costs	3,465,421	3,297,208
Nonrelated Party [Member]
Current liabilities:
Convertible debt and short-term debt, net of costs	$ 9,821,483	$ 9,790,866

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).