v3.19.1
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Total Revenue $ 1,430,260 $ 925,554
Costs and expenses:    
Cost of revenues (exclusive of depreciation and amortization shown below) 1,471,338 349,011
Selling, general and administrative 3,152,138 3,910,729
Depreciation and amortization 23,839 2,156,427
Impairment of property and equipment 11,480,491
Impairment of digital currencies 2,467,875
Total costs and expenses 4,647,315 20,364,533
Operating loss from continuing operations (3,217,055) (19,438,979)
Other income (expense)    
Loss on issuance of convertible notes, common stock and warrants (6,154,660)
Change in fair value of warrant liability (2,753,228)
Change in fair value of convertible notes (1,644,582)
Non-compliance penalty for SEC registration requirement (333,338)
Interest expense (68,363) (1,069)
Other income 78,872
Investment income 16,842 62,586
Realized gain on sale of digital currencies 4,788
Other expenses (13,041) (3,682)
Total other expense (10,533,372) (275,503)
Loss from continuing operations before income taxes (13,750,427) (19,714,482)
Deferred income tax benefit 3,053,000
Loss from continuing operations (13,750,427) (16,661,482)
Discontinued operations    
Income from operations 96,132
Income from discontinued operations 96,132
Net loss (13,750,427) (16,565,350)
Net loss attributable to non-controlling interest 221,422 215,258
Net loss attributable to Riot Blockchain $ (13,529,005) $ (16,350,092)
Basic and diluted net loss per share:    
Continuing operations attributable to Riot Blockchain $ (0.94) $ (1.36)
Discontinued operations attributable to Riot Blockchain 0.01
Net loss per share $ (0.94) $ (1.35)
Basic and diluted weighted average number of shares outstanding 14,449,628 12,289,785
Revenue - digital currency mining [Member]    
Revenue:    
Total Revenue $ 1,406,085 $ 901,380
License fees [Member]    
Revenue:    
Total Revenue $ 24,175 $ 24,174

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