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)

6 Months Ended

Jun. 30, 2018

The following is a rollforward of the Company’s deferred tax liability from January 1, 2018 to June 30, 2018:

	June 30, 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		(3,525,000	)
Deferred tax liability as of June 30, 2018	$	234,709

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 June 30, 2018 and 2017 are as follows:

	June 30,
	2018		2017
Warrants to purchase common stock		1,671,113		1,257,929
Options to purchase common stock		150,000		106,333
Unvested restricted stock units		571,567		157,000
Escrow shares of common stock		200,000		-
Convertible Series B preferred shares		703,000		-
		3,295,680		1,521,262