v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue:    
Total Revenue $ 7,845,332 $ 269,657
Costs and expenses:    
Cost of revenues (exclusive of depreciation and amortization shown below) 5,819,925 25,186
Selling, general and administrative 20,857,078 7,313,626
Depreciation and amortization 5,267,372 890,889
Impairment of property and equipment 29,237,719 5,218,004
Impairment of goodwill 1,186,496
Impairment of intangible rights acquired 1,341,013
Impairment of digital currencies 3,501,250 (27,205)
Loss on sale of property and equipment 3,639
Total costs and expenses 67,210,853 13,424,139
Operating loss from continuing operations (59,365,521) (13,154,482)
Other income (expense)    
Interest expense (122,973) (4,806,637)
Realized gain on sale of digital currencies 26,443
Non-compliance penalty for SEC registration requirement (1,350,390) (1,237)
Warrant inducement expense (173,867)
Loss on extinguishment of BMSS payable (265,500)
Investment income 70,281 99,255
Total other expense (1,642,139) (4,882,486)
Loss from continuing operations before income taxes (61,007,660) (18,036,968)
Deferred income tax benefit 699,000 1,609,000
Loss from continuing operations (60,308,660) (16,427,968)
Discontinued operations    
Income (loss) from operations 96,132 (923,645)
Escrow forfeiture gain 134,812
Impairment loss (2,754,131)
Income (loss) from discontinued operations 96,132 (3,542,964)
Net loss (60,212,528) (19,970,932)
Net loss attributable to non-controlling interest 2,204,755 125,059
Net loss attributable to Riot Blockchain $ (58,007,773) $ (19,845,873)
Basic and diluted net loss per share:    
Continuing operations attributable to Riot Blockchain $ (4.34) $ (2.71)
Discontinued operations attributable to Riot Blockchain 0.01 (0.59)
Net loss per share $ (4.33) $ (3.30)
Basic and diluted weighted average number of shares outstanding 13,403,846 6,019,817
Revenue - Digital currency mining [Member]    
Revenue:    
Total Revenue $ 7,748,634 $ 172,959
License fees [Member]    
Revenue:    
Total Revenue $ 96,698 $ 96,698

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