10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001079973-12-000865`
Period End Date	20120930
Filing Date	20121107
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	appy-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 48 Cash Flow Statement 56

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.72M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.61M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.72M	shares	Point-in-time
Short term investments (Note 1)	`ShortTermInvestments`	$389.17K	USD	Point-in-time
Short term investments (Note 1)	`ShortTermInvestments`	$1.00M	USD	Point-in-time
Accounts receivable (Note 8)	`AccountsReceivableNetCurrent`	$35.02K	USD	Point-in-time
Accounts receivable (Note 8)	`AccountsReceivableNetCurrent`	$3.24K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$465.12K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$314.80K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.32M	USD	Point-in-time
Property and equipment, net (Notes 2)	`PropertyPlantAndEquipmentNet`	$2.80M	USD	Point-in-time
Property and equipment, net (Notes 2)	`PropertyPlantAndEquipmentNet`	$2.56M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.57M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.61M	USD	Point-in-time
Total assets	`Assets`	$14.82M	USD	Point-in-time
Total assets	`Assets`	$8.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$642.03K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$581.71K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$323.68K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$47.62K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$658.89K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$368.41K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	-	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$63.44K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$1.07M	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$2.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.30M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	-	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$968.29K	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$794.78K	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.90M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value, 30,000,000 shares authorized; 7,716,480 and 1,608,146 shares issued and outstanding	`CommonStockValue`	$80.49M	USD	Point-in-time
Common stock, no par value, 30,000,000 shares authorized; 7,716,480 and 1,608,146 shares issued and outstanding	`CommonStockValue`	$68.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-71.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-65.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.83M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.82M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sales (Note 8)	`SalesRevenueGoodsNet`	$175.02K	USD	3 Qtrs
Sales (Note 8)	`SalesRevenueGoodsNet`	$6.24K	USD	1 Quarter
Sales (Note 8)	`SalesRevenueGoodsNet`	$22.38K	USD	1 Quarter
Sales (Note 8)	`SalesRevenueGoodsNet`	$40.76K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$382.00	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$196.00	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$15.96K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	-	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$6.24K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$40.56K	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$159.06K	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$22.00K	USD	1 Quarter
License fee revenue	`LicensesRevenue`	$4.49K	USD	1 Quarter
License fee revenue	`LicensesRevenue`	$53.30K	USD	3 Qtrs
License fee revenue	`LicensesRevenue`	$4.49K	USD	3 Qtrs
License fee revenue	`LicensesRevenue`	$17.77K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.41M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.37M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.35M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.94M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.37M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.64M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.57M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.74M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.05M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.01M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.40M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.53M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-6.52M	USD	3 Qtrs
Other expense, net (primarily interest)	`NonoperatingIncomeExpense`	$-52.24K	USD	1 Quarter
Other expense, net (primarily interest)	`NonoperatingIncomeExpense`	$-125.90K	USD	3 Qtrs
Other expense, net (primarily interest)	`NonoperatingIncomeExpense`	$-185.19K	USD	3 Qtrs
Other expense, net (primarily interest)	`NonoperatingIncomeExpense`	$-58.46K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.71M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.66M	USD	3 Qtrs
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-2.29	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-1.78	USD	3 Qtrs
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.32	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-6.46	USD	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`BasicAndDilutedWeightedAverageNumberOfSharesOutstanding`	7.72M	shares	1 Quarter
Basic and diluted weighted average number of shares outstanding (Note 1)	`BasicAndDilutedWeightedAverageNumberOfSharesOutstanding`	1.34M	shares	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`BasicAndDilutedWeightedAverageNumberOfSharesOutstanding`	3.77M	shares	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`BasicAndDilutedWeightedAverageNumberOfSharesOutstanding`	1.34M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.71M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.66M	USD	3 Qtrs
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$1.02M	USD	3 Qtrs
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$706.13K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$371.01K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$334.71K	USD	3 Qtrs
Amortization of license fee	`AmortizationOfIntangibleAssets`	$-4.49K	USD	3 Qtrs
Amortization of license fee	`AmortizationOfIntangibleAssets`	$-53.30K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$102.95K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$44.55K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-70.44K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-31.78K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-330.32K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-315.39K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$60.32K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$325.65K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$261.44K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$290.48K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$276.06K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-171.81K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.04M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.60M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.41M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$793.53K	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$598.77K	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$1.21M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$1.33M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.02K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$83.20K	USD	3 Qtrs
Patent and trademark acquisition costs	`PaymentsToAcquireIntangibleAssets`	$59.87K	USD	3 Qtrs
Patent and trademark acquisition costs	`PaymentsToAcquireIntangibleAssets`	$174.87K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$281.57K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$512.07K	USD	3 Qtrs
Repayment of notes payable and other obligation	`RepaymentsOfNotesPayable`	$979.90K	USD	3 Qtrs
Repayment of notes payable and other obligation	`RepaymentsOfNotesPayable`	$374.02K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.94M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.96M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-374.02K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.87M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.51M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.91M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$139.00K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$187.88K	USD	3 Qtrs
Acquisitions of current assets for installment obligations	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$454.83K	USD	3 Qtrs
Acquisitions of current assets for installment obligations	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$480.63K	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.