Annual report pursuant to Section 13 and 15(d)

Investments (Tables)

Investments (Tables)
12 Months Ended
Dec. 31, 2019
Investments, All Other Investments [Abstract]  
Schedule of Fair Value Shares

    April 10, 2019
Tess shares held by Riot Blockchain, Inc.     2,708,333  
Per share fair value   $ 0.03  
Fair value of Tess shares held by Riot Blockchain, Inc.   $ 90  
Schedule of Calculation of Gain on Deconsolidation of Tess

The deconsolidation of Tess resulted in a gain of approximately $1.1 million calculated as follows (in thousands) on the date of deconsolidation:


Current assets   $ 130  
Accounts payable     761  
Accrued expenses     275  
Convertible notes     1,696  
Net liabilities     (2,602 )
Non-controlling interest share     1,553  
Sub-total     (1,048 )
Less: fair value of shares owned by Riot Blockchain     90  
Gain on deconsolidation of Tess   $ (1,139 )