10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001079973-15-000367`
Period End Date	20150331
Filing Date	20150512
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	appy-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 28 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`	60.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.99M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.99M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$21.00M	USD	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$17.90M	USD	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$260.32K	USD	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$357.08K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.36M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.06M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$2.10M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.71M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.72M	USD	Point-in-time
Total assets	`Assets`	$26.14M	USD	Point-in-time
Total assets	`Assets`	$28.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$402.81K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$437.52K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$609.42K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$43.55K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$325.40K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$255.66K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$312.93K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$218.40K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$96.70K	USD	Point-in-time
Deferred revenue, current portion (Note 7)	`DeferredRevenueCurrent`	$96.70K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.00M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$1.96M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.23M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.21M	USD	Point-in-time
Commitments and contingencies (Notes 7 and 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 7 and 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value, 60,000,000 shares authorized; 30,990,029 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$120.51M	USD	Point-in-time
Common stock, no par value, 60,000,000 shares authorized; 30,990,029 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$120.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-96.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-99.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$26.14M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$28.72M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Sales (Note 1)	`SalesRevenueGoodsNet`	$51.73K	USD	1 Quarter
Sales (Note 1)	`SalesRevenueGoodsNet`	$11.29K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$31.91K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$4.01K	USD	1 Quarter
Gross profit	`GrossProfit`	$19.82K	USD	1 Quarter
Gross profit	`GrossProfit`	$7.28K	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	$24.18K	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	$23.18K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.89M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.54M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$707.74K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.24M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.90M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.06K	USD	1 Quarter
Interest expense	`InterestExpense`	$36.79K	USD	1 Quarter
Investment income (loss)	`InvestmentIncomeNet`	$50.83K	USD	1 Quarter
Investment income (loss)	`InvestmentIncomeNet`	$-7.12K	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-43.91K	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$25.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.95M	USD	1 Quarter
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`	$-0.07	USD	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.64M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.99M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.95M	USD	1 Quarter
Stock-based compensation for services	`ShareBasedCompensation`	$433.40K	USD	1 Quarter
Stock-based compensation for services	`ShareBasedCompensation`	$403.02K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$64.02K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.59K	USD	1 Quarter
Amortization of license fees	`RecognitionOfDeferredRevenue`	$24.18K	USD	1 Quarter
Amortization of license fees	`RecognitionOfDeferredRevenue`	$23.18K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$38.04K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.08K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-73.55K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-89.69K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-85.52K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-34.71K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-565.86K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$115.18K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-486.00K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-69.74K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$68.58K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.84M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.29M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$4.87M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$11.31M	USD	1 Quarter
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$14.40M	USD	1 Quarter
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$4.64M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.20K	USD	1 Quarter
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$14.68K	USD	1 Quarter
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$43.09K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-275.84K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$3.08M	USD	1 Quarter
Net proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	1 Quarter
Net proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$1.58M	USD	1 Quarter
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$140.02K	USD	1 Quarter
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$133.72K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.44M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-133.72K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.67M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$662.12K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.99M	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`	$4.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.99M	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`	$4.20M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$26.89K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$25.29K	USD	1 Quarter

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