v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 9,039,887 $ 22,154,251
Short-term investments 5,713,922 5,570,027
Accounts receivable 34,986 28,538
Prepaid expenses and other current assets 420,328 961,317
Total Current Assets 15,209,123 28,714,133
Property and Equipment, net 559,410 643,146
Other Assets    
In-process R&D 5,866,000 5,866,000
Goodwill 1,452,338 2,189,338
Operating lease right-of-use asset 2,287,500  
Finance lease right-of-use asset 187,573  
Deposits 394,637 351,220
Total Other Assets 10,188,048 8,406,558
Total Assets 25,956,581 37,763,837
Current Liabilities    
Accounts payable 1,503,342 974,619
Deferred revenue, current portion 3,410,319 1,032,539
Contingent consideration, current portion 1,579,334 1,187,000
Operating lease liability, current portion 216,832  
Finance lease liability, current portion 49,104  
Accrued expenses and other liabilities 1,676,467 1,678,051
Total Current Liabilities 8,435,398 4,872,209
Long Term Liabilities    
Other long-term liabilities   213,724
Deferred tax liability 361,911 316,733
Deferred revenue, net of current portion 200,000 200,000
Operating lease liability, net of current portion 1,519,574  
Financing lease liability, net of current portion 142,667  
Contingent consideration, net of current portion 2,139,181 1,918,225
Total Liabilities 12,798,731 7,520,891
Commitments and Contingencies (Note 9 and 13)
Stockholders' Equity    
Common stock, $.0002 par value; 100,000,000 shares authorized, 33,785,999 and 32,492,144 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 6,757 6,499
Additional paid-in capital 118,173,843 114,883,135
Accumulated deficit (104,597,748) (84,580,180)
Accumulated other comprehensive loss (11,250) (19,904)
Total Stockholders' Equity - Heat Biologics, Inc. 13,571,602 30,289,550
Noncontrolling Interest (413,752) (46,604)
Total Stockholders' Equity 13,157,850 30,242,946
Total Liabilities and Stockholders' Equity $ 25,956,581 $ 37,763,837

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