10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001079973-13-000643`
Period End Date	20130930
Filing Date	20131107
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	appy-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 48 Cash Flow Statement 58

Balance Sheet 54 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`	60.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.95M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.45M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.95M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$1.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.45M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$12.93M	USD	Point-in-time
Accounts receivable - trade (Note 8)	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Accounts receivable - trade (Note 8)	`AccountsReceivableNetCurrent`	$56.07K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$503.03K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$387.48K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.53M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.32M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.48M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.62M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.60M	USD	Point-in-time
Total assets	`Assets`	$16.61M	USD	Point-in-time
Total assets	`Assets`	$21.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$613.92K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$870.36K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$452.88K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$43.54K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$642.05K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$972.25K	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`	$421.87K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$79.80K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$92.87K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.40M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.19M	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`	$1.32M	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`	$5.91M	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, 60,000,000 shares authorized; 21,454,380 and 9,954,380 shares issued and outstanding	`CommonStockValue`	$84.92M	USD	Point-in-time
Common stock, no par value, 60,000,000 shares authorized; 21,454,380 and 9,954,380 shares issued and outstanding	`CommonStockValue`	$99.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-74.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-83.25M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.87M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.61M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.78M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sales (Note 8)	`SalesRevenueGoodsNet`	$40.76K	USD	3 Qtrs
Sales (Note 8)	`SalesRevenueGoodsNet`	$6.24K	USD	1 Quarter
Sales (Note 8)	`SalesRevenueGoodsNet`	$56.07K	USD	3 Qtrs
Sales (Note 8)	`SalesRevenueGoodsNet`	$56.07K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$196.00	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$21.23K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$21.23K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$6.24K	USD	1 Quarter
Gross profit	`GrossProfit`	$34.84K	USD	1 Quarter
Gross profit	`GrossProfit`	$34.84K	USD	3 Qtrs
Gross profit	`GrossProfit`	$40.56K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$4.49K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$61.61K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$4.49K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$21.71K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.32M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.94M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.35M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.11M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.02M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.62M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.57M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.12M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-6.52M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.40M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.07M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-9.03M	USD	3 Qtrs
Other income (expense), net (primarily interest)	`NonoperatingIncomeExpense`	$-185.19K	USD	3 Qtrs
Other income (expense), net (primarily interest)	`NonoperatingIncomeExpense`	$-58.46K	USD	1 Quarter
Other income (expense), net (primarily interest)	`NonoperatingIncomeExpense`	$8.80K	USD	3 Qtrs
Other income (expense), net (primarily interest)	`NonoperatingIncomeExpense`	$713.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.02M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.71M	USD	3 Qtrs
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.58	USD	3 Qtrs
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`	$-0.14	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.32	USD	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.45M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.77M	shares	3 Qtrs
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.72M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.43M	shares	3 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.02M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.71M	USD	3 Qtrs
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$706.13K	USD	3 Qtrs
Stock-based compensation for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$1.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$251.90K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$334.71K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$44.55K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$2.95K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Amortization of license fee	`AmortizationOfIntangibleAssets`	$-61.61K	USD	3 Qtrs
Amortization of license fee	`AmortizationOfIntangibleAssets`	$-4.49K	USD	3 Qtrs
Accounts receivable - trade	`IncreaseDecreaseInAccountsReceivable`	$56.07K	USD	3 Qtrs
Accounts receivable - trade	`IncreaseDecreaseInAccountsReceivable`	$-31.78K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-229.13K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-330.32K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$256.43K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$60.32K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-409.33K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$276.06K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$290.48K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$330.19K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$317.49K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.04M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.93M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.60M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$17.76M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$598.77K	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$5.99M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$1.21M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.24K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.02K	USD	3 Qtrs
Purchases of patent and other assets	`PaymentsToAcquireIntangibleAssets`	$79.06K	USD	3 Qtrs
Purchases of patent and other assets	`PaymentsToAcquireIntangibleAssets`	$59.87K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.87M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$512.07K	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$979.90K	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$789.06K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.97M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.94M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.18M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.96M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.62M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.87M	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`	$10.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	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`	$10.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.84M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$110.52K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$187.88K	USD	3 Qtrs
Acquisitions of current assets for installment obligations	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$480.63K	USD	3 Qtrs
Acquisitions of current assets for installment obligations	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$344.69K	USD	3 Qtrs

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