2014 Q4 Form 10-Q Financial Statement

#000155335014001377 Filed on November 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $0.00 $9.740K
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.130M $830.0K $740.0K
YoY Change 14.14% 12.16% 221.74%
% of Gross Profit
Research & Development $440.0K $1.025M $992.4K
YoY Change -29.03% 3.33% 309.69%
% of Gross Profit
Depreciation & Amortization $30.00K $22.95K $1.229K
YoY Change 200.0% 1767.53%
% of Gross Profit
Operating Expenses $3.700M $3.116M $1.961M
YoY Change 64.44% 58.92% 275.43%
Operating Profit -$3.116M -$1.961M
YoY Change 58.92% 277.68%
Interest Expense -$50.00K $8.138K $40.64K
YoY Change -266.67% -79.97% -167.73%
% of Operating Profit
Other Income/Expense, Net $20.00K -$11.16K -$68.37K
YoY Change -80.0% -83.68% 11.15%
Pretax Income -$3.730M -$3.130M -$2.030M
YoY Change 75.94% 54.19% 250.0%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.610M -$3.000M -$2.329M
YoY Change 75.24% 28.82% 310.19%
Net Earnings / Revenue -30804.97%
Basic Earnings Per Share
Diluted Earnings Per Share -$40.11 -$33.33 -$33.28
COMMON SHARES
Basic Shares Outstanding 6.482M shares 6.464M shares 6.366M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.40M $15.40M $23.60M
YoY Change -34.25% -34.75% 23500.0%
Cash & Equivalents $3.714M $3.282M $23.58M
Short-Term Investments $10.70M $12.10M
Other Short-Term Assets $900.0K $600.0K $800.0K
YoY Change -18.18% -25.0% 700.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $15.28M $16.09M $24.40M
YoY Change -33.38% -34.06% 12099.65%
LONG-TERM ASSETS
Property, Plant & Equipment $445.5K $464.3K $13.10K
YoY Change 728.85% 3444.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $194.1K $183.5K $0.00
YoY Change 446.55% -100.0%
Total Long-Term Assets $639.7K $647.8K $10.86K
YoY Change 616.53% 5863.94% -89.14%
TOTAL ASSETS
Total Short-Term Assets $15.28M $16.09M $24.40M
Total Long-Term Assets $639.7K $647.8K $10.86K
Total Assets $15.92M $16.74M $24.42M
YoY Change -30.86% -31.47% 8041.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.367M $680.5K $392.5K
YoY Change 109.75% 73.36% -21.49%
Accrued Expenses $806.0K $446.2K $157.3K
YoY Change 60.22% 183.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K $100.0K $0.00
YoY Change
Total Short-Term Liabilities $2.571M $1.257M $572.0K
YoY Change 117.81% 119.72% 14.39%
LONG-TERM LIABILITIES
Long-Term Debt $2.300M $1.100M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $200.0K
YoY Change 100.0%
Total Long-Term Liabilities $0.00 $0.00 $200.0K
YoY Change -100.0% -100.0% -66.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.571M $1.257M $572.0K
Total Long-Term Liabilities $0.00 $0.00 $200.0K
Total Liabilities $4.885M $2.315M $786.3K
YoY Change 274.93% 194.43% -28.52%
SHAREHOLDERS EQUITY
Retained Earnings -$24.14M -$10.29M
YoY Change
Common Stock $982.00 $979.00 $959.00
YoY Change 2.19% 2.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.76M $15.03M $23.85M
YoY Change
Total Liabilities & Shareholders Equity $15.92M $16.74M $24.42M
YoY Change -30.86% -31.47% 8041.09%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$3.610M -$3.000M -$2.329M
YoY Change 75.24% 28.82% 310.19%
Depreciation, Depletion And Amortization $30.00K $22.95K $1.229K
YoY Change 200.0% 1767.53%
Cash From Operating Activities -$2.480M -$2.850M -$2.880M
YoY Change 53.09% -1.04% 405.26%
INVESTING ACTIVITIES
Capital Expenditures $10.00K $0.00 $10.00K
YoY Change -75.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $1.380M -$1.290M
YoY Change -107.95%
Cash From Investing Activities $1.380M -$1.290M -$10.00K
YoY Change -107.94% 12800.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.540M 1.430M 23.44M
YoY Change 15300.0% -93.9% 11061.9%
NET CHANGE
Cash From Operating Activities -2.480M -2.850M -2.880M
Cash From Investing Activities 1.380M -1.290M -10.00K
Cash From Financing Activities 1.540M 1.430M 23.44M
Net Change In Cash 440.0K -2.710M 20.55M
YoY Change -102.32% -113.19% -5808.33%
FREE CASH FLOW
Cash From Operating Activities -$2.480M -$2.850M -$2.880M
Capital Expenditures $10.00K $0.00 $10.00K
Free Cash Flow -$2.490M -$2.850M -$2.890M
YoY Change 50.0% -1.38% 407.02%

Facts In Submission

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dei Entity Registrant Name
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HEAT BIOLOGICS, INC.
dei Entity Central Index Key
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0001476963
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30

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