Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.10.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 1,654,034 $ 41,651,965
Prepaid contracts 2,584,699
Prepaid expenses and other current assets 317,670 538,812
Digital currencies 4,889,318 200,164
Current assets of discontinued operations 44
Total current assets 9,445,721 42,390,985
Property and equipment, net 5,420,262 4,294,166
Intangible rights acquired 1,514,431 754,244
Long-term investments 9,412,726 3,000,000
Security deposits 703,275
Other long-term assets, net:    
Patents, net 511,498 509,649
Goodwill 1,186,496 1,186,496
Convertible note 200,000 200,000
Total assets 28,394,409 52,335,540
Current liabilities    
Accounts payable 2,713,639 410,029
Accrued expenses 1,469,955 216,883
Deferred purchase price - BMSS 1,500,000
Demand note 775,555
Notes and other obligations, current 135,574
Deferred revenue, current portion 96,698 96,698
Current liabilities of discontinued operations 16,340 181,340
Total current liabilities 6,572,187 1,040,524
Deferred revenue, less current portion 920,269 968,617
Deferred income tax liability 234,709 699,000
Total liabilities 7,727,165 2,708,141
Commitments and contingencies
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 13,645,198 and 11,622,112 shares outstanding as of June 30, 2018 and December 31, 2017, respectively 196,396,764 180,387,518
Accumulated deficit (179,630,492) (139,263,480)
Total Riot Blockchain stockholders' equity 20,500,784 48,869,304
Non-controlling interest 166,460 758,095
Total stockholders' equity 20,667,244 49,627,399
Total liabilities and stockholders' equity 28,394,409 52,335,540
2% Convertible Preferred Stock Series A [Member]    
Stockholders' equity    
Preferred stock, no par value
0% Convertible Preferred Stock Series B [Member]    
Stockholders' equity    
Preferred stock, no par value $ 3,734,512 $ 7,745,266