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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 8,053,879 $ 10,931,890
Short-term investments 88,324,922 100,842,438
Accounts receivable 66,049 177,239
Prepaid expenses and other current assets 2,886,520 1,842,620
Total Current Assets 99,331,370 113,794,187
Property and Equipment, net 2,158,479 676,262
Other Assets.    
In-process R&D 3,500,000 5,866,000
Goodwill   1,452,338
Grant receivable 1,318,359  
Operating lease right-of-use asset 1,782,884 2,035,882
Finance lease right-of-use asset 470,700 247,194
Other assets 12,193,540  
Deposits 205,901 122,779
Total Other Assets 19,471,384 9,724,193
Total Assets 120,961,233 124,194,642
Current Liabilities    
Accounts payable 922,782 1,051,764
Deferred revenue, current portion   603,717
Operating lease liability, current portion 350,343 278,753
Finance lease liability, current portion 260,574 108,127
Accrued expenses and other liabilities 2,419,676 1,614,534
Contingent consideration, current portion 593,037  
Contingent consideration, related party - current portion 174,333  
Total Current Liabilities 4,720,745 3,656,895
Long Term Liabilities    
Other long-term liabilities 53,530 36,243
Derivative warrant liability 11,020 33,779
Deferred tax liability 215,937 361,911
Deferred revenue, net of current portion 35,000 237,500
Operating lease liability, net of current portion 1,060,856 1,301,636
Financing lease liability, net of current portion 255,429 160,240
Contingent consideration 1,990,118 2,250,844
Contingent consideration, related party 585,027 661,671
Total Liabilities 8,927,662 8,700,719
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.0002 par value; 250,000,000 and 250,000,000 shares authorized, 25,279,624 and 22,592,500 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 5,055 4,519
Additional paid-in capital 278,890,153 247,048,349
Accumulated deficit (165,718,953) (130,647,485)
Accumulated other comprehensive loss (67,941) (166,056)
Total Stockholders' Equity - Heat Biologics, Inc. 113,108,314 116,239,327
Non-Controlling Interest (1,074,743) (745,404)
Total Stockholders' Equity 112,033,571 115,493,923
Total Liabilities and Stockholders' Equity $ 120,961,233 $ 124,194,642