Riot Platforms, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Basis of presentation, summary of significant accounting policies and recent accounting pronouncements (Tables)

Basis of presentation, summary of significant accounting policies and recent accounting pronouncements (Tables)

3 Months Ended

Mar. 31, 2018

The following is a rollforward of the Company’s deferred tax liability from January 1, 2018 to March 31, 2018:

	March 31, 2018
Deferred tax liability as of January 1, 2018	$	699,000
Deferred tax liability recorded on the Prive acquisition		2,918,000
Deferred tax liability recorded on the Logical Brokerage acquisition		142,709
Impairment and depreciation on Prive and Kairos acquisitions		(3,053,000	)
Deferred tax liability as of March 31, 2018	$	706,709

Schedule of Loss Per Share

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at March 31, 2018 and 2017 are as follows:

	March 31,
	2018		2017
Warrants to purchase common stock		1,831,886		897,003
Options to purchase common stock		150,000		552,747
Restricted stock units		681,176		145,000
Escrow shares of common stock		200,000		-
Convertible Series B preferred shares		928,000		-
		3,791,062		1,594,750