Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 9,140 $ 7,440
Prepaid expenses and other current assets 846 1,349
Cryptocurrencies 7,224 3,839
Total current assets 17,210 12,628
Property and equipment, net 4,945 5,051
Right of use assets 367
Deposits on equipment 6,969 1,449
Long-term investments 310 9,723
Security deposits 703
Patents, net 434 459
Total assets 29,868 30,380
Current liabilities    
Accounts payable 858 717
Accrued expenses 376 2,187
Operating lease liability, current portion 368
Deferred revenue, current portion 97 97
Total current liabilities 1,331 3,369
Deferred revenue, less current portion 728 776
Total liabilities 2,059 4,145
Commitments and contingencies - Note 10
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 36,559,279 and 25,082,872 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 259,899 243,458
Accumulated deficit (232,105) (217,238)
Total Riot Blockchain stockholders' equity 27,816 26,242
Non-controlling interest (7) (7)
Total stockholders' equity 27,809 26,235
Total liabilities and stockholders' equity 29,868 30,380
2% Series A Convertible Stock [Member]    
Stockholders' equity    
Preferred stock
0% Series B Convertible Stock [Member]    
Stockholders' equity    
Preferred stock $ 22 $ 22