Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Operations (Unaudited)

v3.20.2
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total Revenue $ 1,942 $ 2,467 $ 4,328 $ 3,897
Costs and expenses:        
Cost of revenues (exclusive of depreciation and amortization shown below) 1,439 1,588 2,847 3,059
Selling, general and administrative 2,230 2,226 5,964 5,378
Depreciation and amortization 830 23 1,493 47
Impairment of long-term investment 9,413 9,413
Impairment of cryptocurrencies 989
Total costs and expenses 13,912 3,837 20,706 8,484
Operating loss (11,970) (1,370) (16,378) (4,587)
Other income (expense):        
Loss on issuance of convertible notes, common stock and warrants (6,155)
Change in fair value of warrant liability (116) (2,870)
Change in fair value of convertible notes (2,251) (3,895)
Reversal of registration rights penalty 1,358 1,358
Gain on deconsolidation of Tess 1,139 1,139
Gain on sale of equipment 18 35
Interest income 16 14
Interest expense (49) (117)
Other income (12) 731 (2) 814
Realized gain on exchange of cryptocurrencies 637 106 642
Total other income (expense) 1,380 91 1,511 (10,442)
Net loss (10,590) (1,279) (14,867) (15,029)
Net loss attributable to non-controlling interest 221
Net loss attributable to Riot Blockchain $ (10,590) $ (1,279) $ (14,867) $ (14,808)
Basic and diluted net loss per share $ (0.31) $ (0.08) $ (0.47) $ (0.97)
Basic and diluted weighted average number of shares outstanding 34,528,836 15,995,092 31,591,846 15,226,629
Revenue - cryptocurrency mining [Member]        
Revenue:        
Total Revenue $ 1,918 $ 2,443 $ 4,280 $ 3,849
License fees [Member]        
Revenue:        
Total Revenue $ 24 $ 24 $ 48 $ 48