Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Operations (Unaudited)

v3.20.1
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Total Revenue $ 2,386 $ 1,430
Costs and expenses:    
Cost of revenues (exclusive of depreciation and amortization shown below) 1,407 1,471
Selling, general and administrative 3,735 3,152
Depreciation and amortization 663 24
Impairment of cryptocurrencies 989
Total costs and expenses 6,794 4,647
Operating loss (4,408) (3,217)
Other income (expense):    
Loss on issuance of convertible notes, common stock and warrants (6,155)
Change in fair value of warrant liability (2,753)
Change in fair value of convertible notes (1,645)
Gain on sale of equipment 17
Interest expense (2) (68)
Other income 79
Investment income 9 17
Realized gain on exchange of cryptocurrencies 106 5
Other expense 1 (13)
Total other income (expense) 131 (10,533)
Net loss (4,277) (13,750)
Net loss attributable to non-controlling interest 221
Net loss attributable to Riot Blockchain $ (4,277) $ (13,529)
Basic and diluted net loss per share:    
Net loss per share $ (0.15) $ (0.94)
Basic and diluted weighted average number of shares outstanding 28,585,915 14,449,628
Revenue - cryptocurrency mining [Member]    
Revenue:    
Total Revenue $ 2,362 $ 1,406
License fees [Member]    
Revenue:    
Total Revenue $ 24 $ 24