v3.10.0.1
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total Revenue $ 2,366,683 $ 24,175 $ 6,159,929 $ 72,524
Costs and expenses:        
Cost of revenues (exclusive of depreciation and amortization shown below) 2,031,885 3,933,381
Selling, general and administrative 5,970,411 596,544 16,299,491 2,691,286
Research and development 14,532 10,034
Depreciation and amortization 658,338 18,132 5,685,664 55,899
Impairment of property, plant & equipment 26,858,023
Impairment of digital currencies 163,837 3,374,976
Total costs and expenses 8,824,471 614,676 56,166,067 2,757,219
Operating loss from continuing operations (6,457,788) (590,501) (50,006,138) (2,684,695)
Other income (expense)        
Interest expense (21,836) (4,773,397) (37,998) (4,802,296)
Realized gain on sale of digital currencies 219,247 451,341
Other expenses (1,746) (1,358,924)
Loss on extinguishment of BMSS payable (265,500) (265,500)
Investment income 683 30,903 69,959 83,247
Total other expense (69,152) (4,742,494) (1,141,122) (4,719,049)
Loss from continuing operations before income taxes (6,526,940) (5,332,995) (51,147,260) (7,403,744)
Deferred income tax benefit 3,525,000
Loss from continuing operations (6,526,940) (5,332,995) (47,622,260) (7,403,744)
Discontinued operations        
Income (loss) from operations 30,922 96,132 (944,557)
Escrow forfeiture gain 134,812
Impairment loss (2,754,131)
Income (loss) from discontinued operations 30,922 96,132 (3,563,876)
Net loss (6,526,940) (5,302,073) (47,526,128) (10,967,620)
Net loss attributable to non-controlling interest 296,982 929,158
Net loss attributable to Riot Blockchain $ (6,229,958) $ (5,302,073) $ (46,596,970) $ (10,967,620)
Basic and diluted net loss per share:        
Continuing operations attributable to Riot Blockchain $ (0.46) $ (0.99) $ (3.57) $ (1.47)
Discontinued operations attributable to Riot Blockchain 0.01 0.01 (0.71)
Net loss per share $ (0.46) $ (0.98) $ (3.56) $ (2.18)
Basic and diluted weighted average number of shares outstanding 14,197,763 5,401,552 13,340,122 5,037,764
Revenue - Crypto-currency mining [Member]        
Total Revenue $ 2,342,508 $ 6,087,405
Other revenue - fee [Member]        
Total Revenue $ 24,175 $ 24,175 $ 72,524 $ 72,524

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