10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001079973-15-000641`
Period End Date	20150930
Filing Date	20151110
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	appy-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 60 Cash Flow Statement 60

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`	$3.23M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.99M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.54M	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
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`	$15.70M	USD	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$357.08K	USD	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$462.76K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.90M	USD	Point-in-time
Property and equipment, net (Note 2, 4 and 9)	`PropertyPlantAndEquipmentNet`	$2.10M	USD	Point-in-time
Property and equipment, net (Note 2, 4 and 9)	`PropertyPlantAndEquipmentNet`	$1.99M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.72M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.70M	USD	Point-in-time
Total assets	`Assets`	$23.08M	USD	Point-in-time
Total assets	`Assets`	$28.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$437.52K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$212.20K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$609.42K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$179.21K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$325.40K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$244.41K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$384.12K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$312.93K	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`	$1.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$1.88M	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$2.00M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.26M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.18M	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 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`	$121.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-96.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-102.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$23.08M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$28.72M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueGoodsNet`	$57.09K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	$36.30K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	$88.02K	USD	3 Qtrs
Sales	`SalesRevenueGoodsNet`	$92.89K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$12.39K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$14.53K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$44.30K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$26.64K	USD	3 Qtrs
Gross profit	`GrossProfit`	$43.73K	USD	3 Qtrs
Gross profit	`GrossProfit`	$66.26K	USD	3 Qtrs
Gross profit	`GrossProfit`	$23.91K	USD	1 Quarter
Gross profit	`GrossProfit`	$42.56K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$24.18K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$24.18K	USD	1 Quarter
Other revenue - fee	`LicensesRevenue`	$71.52K	USD	3 Qtrs
Other revenue - fee	`LicensesRevenue`	$72.52K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.25M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.04M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.23M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.12M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.69M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$426.26K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.94M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.59M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.16M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-5.80M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-8.05M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.54M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.19K	USD	1 Quarter
Interest expense	`InterestExpense`	$74.65K	USD	3 Qtrs
Interest expense	`InterestExpense`	$89.75K	USD	3 Qtrs
Interest expense	`InterestExpense`	$25.39K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$4.34K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$32.94K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$32.17K	USD	3 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$69.15K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$34.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$34.00K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$11.15K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-23.58K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$7.55K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.50K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.07M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.80M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.53M	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 net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.19	USD	3 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.99M	shares	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`	30.99M	shares	1 Quarter
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.99M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.07M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.80M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.53M	USD	1 Quarter
Stock-based compensation for services	`ShareBasedCompensation`	$943.49K	USD	3 Qtrs
Stock-based compensation for services	`ShareBasedCompensation`	$1.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$194.44K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$222.05K	USD	3 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$24.18K	USD	1 Quarter
Amortization of license fees	`RecognitionOfDeferredRevenue`	$72.52K	USD	3 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$71.52K	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
Other noncash charges	`OtherNoncashExpense`	$4.65K	USD	3 Qtrs
Other noncash charges	`OtherNoncashExpense`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$59.68K	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`	$-236.82K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-225.32K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-259.07K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-430.21K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$150.83K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-444.37K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-81.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$68.58K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.25M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.22M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$21.21M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$32.49M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$18.79M	USD	3 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$26.51M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.51K	USD	3 Qtrs
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$59.91K	USD	3 Qtrs
Purchases of patent and trademark application costs	`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 provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.24M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.81M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.12M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$330.14K	USD	3 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$345.66K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$19.78M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-330.14K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-309.60K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.29M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.23M	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`	$3.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.23M	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`	$3.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.66M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$74.94K	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.