Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Operations (Unaudited)

v3.20.2
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Total Revenue $ 2,462 $ 1,740 $ 6,790 $ 5,637
Costs and expenses:        
Cost of revenues (exclusive of depreciation and amortization shown below) 1,302 1,476 4,149 4,535
Selling, general and administrative 2,000 1,762 7,964 7,140
Depreciation and amortization 1,267 24 2,761 71
Impairment of long-term investment 9,413
Impairment of cryptocurrencies 372 989 372
Total costs and expenses 4,569 3,634 25,276 12,118
Operating loss (2,107) (1,894) (18,486) (6,481)
Other income (expense):        
Loss on issuance of convertible notes, common stock and warrants (6,155)
Change in fair value of warrant liability (2,870)
Change in fair value of convertible notes (3,895)
Reversal of registration rights penalty 1,358
Gain on deconsolidation of Tess 1,139
Gain (loss) on sale of equipment (5) 31
Interest income 12 27
Interest expense (4) (119)
Other income (expense) (2) 40 (5) 854
Realized gain on exchange of cryptocurrencies 385 24 491 665
Total other income (expense) 390 60 1,902 (10,381)
Net loss (1,717) (1,834) (16,584) (16,862)
Net loss attributable to non-controlling interest 221
Net loss attributable to Riot Blockchain $ (1,717) $ (1,834) $ (16,584) $ (16,641)
Basic and diluted net loss per share: $ (0.04) $ (0.08) $ (0.46) $ (0.93)
Basic and diluted weighted average number of shares outstanding 44,773,870 23,371,856 36,017,927 17,971,541
Revenue, net - cryptocurrency mining [Member]        
Revenue:        
Total Revenue $ 2,437 $ 1,715 $ 6,717 $ 5,564
License fees [Member]        
Revenue:        
Total Revenue $ 25 $ 25 $ 73 $ 73