Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 7,440 $ 225
Prepaid expenses and other current assets 1,349 1,379
Cryptocurrencies 3,839 707
Total current assets 12,628 2,311
Property and equipment, net 5,051 26
Right of use assets 367
Intangible rights acquired 700
Deposits on equipment 1,449
Long-term investments 9,723 9,413
Security deposits 703 703
Patents, net 459 507
Convertible note and accrued interest 200
Total assets 30,380 13,860
Current liabilities    
Accounts payable 717 3,829
Accrued expenses 2,187 1,532
Deferred purchase price - BMSS 1,200
Operating lease liability 368
Deferred revenue, current portion 97 97
Total current liabilities 3,369 6,658
Notes payable 1,696
Deferred revenue, less current portion 776 872
Deferred income tax liability 143
Total liabilities 4,145 9,369
Commitments and contingencies - Note 15
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 25,082,872 and 14,519,058 shares issued and outstanding as of December 31, 2019 and 2018, respectively 243,458 202,917
Accumulated deficit (217,238) (197,199)
Total Riot Blockchain stockholders' equity 26,242 5,787
Non-controlling interest (7) (1,296)
Total stockholders' equity 26,235 4,491
Total liabilities and stockholders' equity 30,380 13,860
2% Convertible Preferred Stock Series A [Member]    
Stockholders' equity    
Preferred stock
0% Convertible Preferred Stock Series B [Member]    
Stockholders' equity    
Preferred stock $ 22 $ 69