10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001079973-14-000566`
Period End Date	20140930
Filing Date	20141110
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	appy-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 60 Cash Flow Statement 63

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`	60.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.45M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.45M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.99M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$8.64M	USD	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$22.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$536.35K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$459.40K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.76M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.13M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.27M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.67M	USD	Point-in-time
Other long term assets, net (Note 3)	`OtherAssetsNoncurrent`	$1.61M	USD	Point-in-time
Total assets	`Assets`	$31.05M	USD	Point-in-time
Total assets	`Assets`	$18.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$521.45K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$780.51K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$148.92K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$299.75K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$463.37K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$907.73K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$319.77K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$407.22K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$92.08K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$96.70K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.79M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.15M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.04M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.29M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.69M	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; 30,990,029 and 21,454,380 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$120.40M	USD	Point-in-time
Common stock, no par value, 60,000,000 shares authorized; 30,990,029 and 21,454,380 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$99.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-86.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$25.94M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$31.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$18.64M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueGoodsNet`	$88.02K	USD	3 Qtrs
Sales	`SalesRevenueGoodsNet`	$56.07K	USD	3 Qtrs
Sales	`SalesRevenueGoodsNet`	$56.07K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	$36.30K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$44.30K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$21.23K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$21.23K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$12.39K	USD	1 Quarter
Gross profit	`GrossProfit`	$43.73K	USD	3 Qtrs
Gross profit	`GrossProfit`	$23.91K	USD	1 Quarter
Gross profit	`GrossProfit`	$34.84K	USD	1 Quarter
Gross profit	`GrossProfit`	$34.84K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$21.71K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$71.52K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$24.18K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$61.61K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.04M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.11M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.47M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.32M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.12M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$5.02M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.16M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$9.12M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.59M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-9.03M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.54M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.05M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-3.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$106.70K	USD	3 Qtrs
Interest expense	`InterestExpense`	$89.75K	USD	3 Qtrs
Interest expense	`InterestExpense`	$27.19K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.90K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$32.17K	USD	3 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$7.14K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$4.34K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$39.38K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$76.12K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$34.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$25.47K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$34.00K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-23.58K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$8.80K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$11.15K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$713.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.07M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.02M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.53M	USD	1 Quarter
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`	$-0.14	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.29	USD	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.84M	shares	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.43M	shares	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.99M	shares	1 Quarter
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.45M	shares	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.07M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.02M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.53M	USD	1 Quarter
Stock-based compensation for services	`AllocatedShareBasedCompensationExpense`	$332.25K	USD	1 Quarter
Stock-based compensation for services	`AllocatedShareBasedCompensationExpense`	$1.23M	USD	3 Qtrs
Stock-based compensation for services	`AllocatedShareBasedCompensationExpense`	$943.49K	USD	3 Qtrs
Stock-based compensation for services	`AllocatedShareBasedCompensationExpense`	$214.07K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$222.05K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$251.90K	USD	3 Qtrs
Impairment charges	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	3 Qtrs
Impairment charges	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment charges	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$2.95K	USD	3 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$21.71K	USD	1 Quarter
Amortization of license fees	`RecognitionOfDeferredRevenue`	$71.52K	USD	3 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$61.61K	USD	3 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$24.18K	USD	1 Quarter
Gain on sale of equipment	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnDispositionOfAssets1`	$34.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$56.07K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.73K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-237.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-229.13K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$256.43K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-259.07K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$150.83K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-409.33K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$330.19K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-444.37K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$68.58K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$317.49K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.93M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.25M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$32.49M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$17.76M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$18.79M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$5.99M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.24K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.51K	USD	3 Qtrs
Purchases of patents and other assets	`PaymentsToAcquireIntangibleAssets`	$79.06K	USD	3 Qtrs
Purchases of patents and other assets	`PaymentsToAcquireIntangibleAssets`	$127.35K	USD	3 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$34.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-11.87M	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$345.66K	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$789.06K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.12M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.97M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$12.18M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$19.78M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.29M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.62M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	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`	$4.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	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`	$79.88K	USD	3 Qtrs

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