Riot Platforms, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2022

Acquisitions (Tables) [Line Items]

Schedule of Proforma Information for Acquisition


		Years Ended December 31,
		2021			2020
Total revenue		$	237,650		$	73,608
Net loss		$	9,615		$	51,890

Acquisitions (Tables) [Line Items]

Schedule of Assets and Liabilities Acquired


Cash and cash equivalents		$	549
Accounts receivable			9,879
Prepaid and other current assets			636
Inventory and work-in-progress			1,175
Costs and estimated earnings in excess of billings			13,205
Property and equipment			4,501
Intangible assets			14,000
Right of use asset			6,714
Accounts payable			(9,235)
Accrued expenses			(1,239)
Billings in excess of costs and estimated earnings			(5,883)
Operating lease liabilities			(6,714)
Warranty liability			(116)
Total identifiable assets and liabilities acquired			27,472
Goodwill			29,379
Total purchase consideration		$	56,851

Acquisitions (Tables) [Line Items]

Schedule of Assets and Liabilities Acquired


Cash and cash equivalents		$	10,400
Accounts receivable			1,072
Prepaid expenses and other current assets			2,176
Property and equipment			91,707
Derivative asset			13,967
Right of use asset			6,547
Security deposits			1,775
Future power credits			82,953
Accounts payable			(12,853)
Accrued expenses			(504)
Deferred revenues and customer deposits			(34,856)
Operating lease liabilities			(8,184)
Total identifiable assets and liabilities acquired			154,200
Goodwill			306,184
Total purchase consideration		$	460,384