Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 13,956 $ 7,440
Prepaid expenses and other current assets 806 1,349
Cryptocurrencies 5,282 3,839
Total current assets 20,044 12,628
Property and equipment, net 5,866 5,051
Right of use assets 282 367
Deposits on equipment 1,449
Long-term investments 9,723 9,723
Security deposits 703 703
Patents, net 456 459
Total assets 37,074 30,380
Current liabilities    
Accounts payable 582 717
Accrued expenses 2,056 2,187
Operating lease liability, current portion 336 368
Deferred revenue, current portion 97 97
Total current liabilities 3,071 3,369
Operating lease liability 20
Deferred revenue, less current portion 752 776
Total liabilities 3,843 4,145
Commitments and contingencies - Note 10
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 31,034,308 and 25,082,872 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 254,731 243,458
Accumulated deficit (221,515) (217,238)
Total Riot Blockchain stockholders' equity 33,238 26,242
Non-controlling interest (7) (7)
Total stockholders' equity 33,231 26,235
Total liabilities and stockholders' equity 37,074 30,380
2% Series A Convertible Stock [Member]    
Stockholders' equity    
Preferred stock
0% Series B Convertible Stock [Member]    
Stockholders' equity    
Preferred stock $ 22 $ 22