Johnny Depp -- BOMBED at Awards Show ... In More Ways Than One

Johnny Depp was either really drunk Friday night at the Hollywood Film Awards, or ... who are we kidding, he was really drunk.

Depp was presenting the best documentary award to “Supermensch: The Legend of Shep Gordon” ... but it took about 3 seconds to realize the actor had partaken at the table.

CBS eventually cut to a commercial after Depp rambled on, dropping a few cuss words ... and guess who was still there when they came back from break, ready to hand off the award?

Mike Myers, one of the film's directors, told Variety the whole thing was very rock and roll.