v3.10.0.1
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Total Revenue $ 2,792,794 $ 24,174 $ 3,718,348 $ 48,349
Costs and expenses:        
Cost of revenues (exclusive of depreciation and amortization shown below) 1,477,587 1,826,598
Selling, general and administrative 6,422,883 1,062,064 10,329,080 2,094,742
Research and development 10,000 10,000 14,532 10,034
Depreciation and amortization 2,870,899 18,134 5,027,326 37,767
Impairment expense 15,377,532 26,858,023
Change in fair value of digital currencies 511,170 2,979,045
Total costs and expenses 26,670,071 1,090,198 47,034,604 2,142,543
Operating loss from continuing operations (23,877,277) (1,066,024) (43,316,256) (2,094,194)
Other income (expense)        
Interest expense (15,093) (24,065) (16,162) (28,899)
Other expenses (1,020,158) (1,357,178)
Investment income 6,690 26,124 69,276 52,344
Total other income (expense) (1,028,561) 2,059 (1,304,064) 23,445
Loss from continuing operations before income taxes (24,905,838) (1,063,965) (44,620,320) (2,070,749)
Deferred income tax benefit 472,000 3,525,000
Loss from continuing operations (24,433,838) (1,063,965) (41,095,320) (2,070,749)
Discontinued operations        
Income (loss) from operations (332,843) 96,132 (975,479)
Escrow forfeiture gain 134,812 134,812
Impairment loss (49,775) (2,754,131)
Income (loss) from discontinued operations (247,806) 96,132 (3,594,798)
Net loss (24,433,838) (1,311,771) (40,999,188) (5,665,547)
Net loss attributable to non-controlling interest 416,918 632,176
Net loss attributable to Riot Blockchain $ (24,016,920) $ (1,311,771) $ (40,367,012) $ (5,665,547)
Basic and diluted net loss per share:        
Continuing operations attributable to Riot Blockchain $ (1.81) $ (0.21) $ (3.19) $ (0.43)
Discontinued operations attributable to Riot Blockchain (0.05) 0.01 (0.74)
Net loss per share $ (1.81) $ (0.26) $ (3.18) $ (1.17)
Basic and diluted weighted average number of shares outstanding 13,511,427 5,103,739 12,897,147 4,852,855
Revenue - Crypto-currency mining [Member]        
Total Revenue $ 2,768,619 $ 3,669,999
Other revenue - fee [Member]        
Total Revenue $ 24,175 $ 24,174 $ 48,349 $ 48,349

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