Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 223,382 $ 7,440
Prepaid expenses and other current assets 1,257 1,349
Cryptocurrencies 11,626 3,839
Total current assets 236,265 12,628
Property and equipment, net 10,143 5,051
Right of use assets 367
Deposits on equipment 33,093 1,449
Long-term investments 310 9,723
Security deposits 703
Patents, net 336 459
Total assets 280,147 30,380
Current liabilities    
Accounts payable 718 717
Accrued expenses 1,582 2,187
Operating lease liability, current portion 368
Deferred revenue, current portion 97 97
Total current liabilities 2,397 3,369
Deferred revenue, less current portion 679 776
Total liabilities 3,076 4,145
Stockholders' equity    
Common stock, no par value; 170,000,000 shares authorized; 78,523,517 and 25,082,872 shares issued and outstanding as of December 31, 2020 and 2019, respectively 506,961 243,458
Accumulated deficit (229,912) (217,238)
Total Riot Blockchain stockholders' equity 277,071 26,242
Non-controlling interest (7)
Total stockholders' equity 277,071 26,235
Total liabilities and stockholders' equity 280,147 30,380
2% Convertible Preferred Stock Series A [Member]    
Stockholders' equity    
Preferred stock
0% Convertible Preferred Stock Series B [Member]    
Stockholders' equity    
Preferred stock $ 22 $ 22