10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001079973-13-000318`
Period End Date	20130331
Filing Date	20130507
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	appy-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 24 Cash Flow Statement 50

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.95M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.95M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.95M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$6.78M	USD	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$1.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.95M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$387.48K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$286.76K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.55M	USD	Point-in-time
Property and equipment, net (Notes 2)	`PropertyPlantAndEquipmentNet`	$2.43M	USD	Point-in-time
Property and equipment, net (Notes 2)	`PropertyPlantAndEquipmentNet`	$2.48M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.60M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.61M	USD	Point-in-time
Total assets	`Assets`	$16.61M	USD	Point-in-time
Total assets	`Assets`	$13.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$613.92K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$704.78K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$31.70K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$452.88K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$452.75K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$642.05K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$2.29M	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$1.95M	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$79.80K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$85.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.22M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$746.78K	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$763.13K	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.25M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.22M	USD	Point-in-time
Commitments and contingencies (Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value, 30,000,000 shares authorized; 9,954,380 shares issued and outstanding	`CommonStockValue`	$84.92M	USD	Point-in-time
Common stock, no par value, 30,000,000 shares authorized; 9,954,380 shares issued and outstanding	`CommonStockValue`	$85.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-74.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-77.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.37M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.61M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.59M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueGoodsNet`	$7.28K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	-	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$184.00	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$7.09K	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	-	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	$18.66K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.43M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$676.62K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.88M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.84M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.82M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.87M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$19.10K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-64.07K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.94M	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-1.21	USD	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.61M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.95M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.94M	USD	1 Quarter
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$484.22K	USD	1 Quarter
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$222.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$86.81K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$112.33K	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$41.95K	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Amortization of license fee	`AmortizationOfIntangibleAssets`	$-18.66K	USD	1 Quarter
Amortization of license fee	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-121.14K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$90.86K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.03K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-109.04K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-100.72K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$196.86K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-421.18K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	-	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-189.31K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-188.52K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.73M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.47M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$5.61M	USD	1 Quarter
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$441.35K	USD	1 Quarter
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.84K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$23.10K	USD	1 Quarter
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$29.28K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$418.25K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.65M	USD	1 Quarter
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$335.30K	USD	1 Quarter
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$361.26K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-361.26K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-335.30K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.65M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.49M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	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`	$1.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$47.12K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$64.77K	USD	1 Quarter

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