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
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 30,086 $ 7,440
Prepaid expenses and other current assets 1,516 1,349
Cryptocurrencies 8,987 3,839
Total current assets 40,589 12,628
Property and equipment, net 8,568 5,051
Right of use assets 367
Deposits on equipment 12,803 1,449
Long-term investments 310 9,723
Security deposits 703
Patents, net 361 459
Total assets 62,631 30,380
Current liabilities    
Accounts payable 780 717
Accrued expenses 383 2,187
Operating lease liability, current portion 368
Deferred revenue, current portion 97 97
Total current liabilities 1,260 3,369
Deferred revenue, less current portion 703 776
Total liabilities 1,963 4,145
Commitments and contingencies - Note 10
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 48,922,790 and 25,082,872 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 294,475 243,458
Accumulated deficit (233,822) (217,238)
Total Riot Blockchain stockholders' equity 60,675 26,242
Non-controlling interest (7) (7)
Total stockholders' equity 60,668 26,235
Total liabilities and stockholders' equity 62,631 30,380
2% Series A Convertible Stock [Member]    
Stockholders' equity    
Preferred stock
0% Series B Convertible Stock [Member]    
Stockholders' equity    
Preferred stock $ 22 $ 22