10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001079973-16-001107`
Period End Date	20160630
Filing Date	20160810
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	appy-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 60 Cash Flow Statement 55

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`	3.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.87M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.88M	shares	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$11.66M	USD	Point-in-time
Short-term investments (Note 1)	`ShortTermInvestments`	$14.15M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.88M	shares	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$251.78K	USD	Point-in-time
Prepaid expenses and other current assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$111.04K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.41M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$1.95M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$539.00	USD	Point-in-time
Long-term investments (Note 1)	`LongTermInvestments`	$972.00K	USD	Point-in-time
Long-term investments (Note 1)	`LongTermInvestments`	-	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.33M	USD	Point-in-time
Other long term assets, net (Notes 1 and 3)	`OtherAssetsNoncurrent`	$1.52M	USD	Point-in-time
Total assets	`Assets`	$20.86M	USD	Point-in-time
Total assets	`Assets`	$17.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$701.06K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$194.60K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$449.87K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$13.41K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$241.88K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$152.60K	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	-	USD	Point-in-time
Notes and other obligations, current portion (Note 4)	`NotesPayableCurrent`	$301.25K	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`	$1.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$457.31K	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	-	USD	Point-in-time
Notes and other obligations, less current portion (Note 4)	`LongTermNotesPayable`	$1.84M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.11M	USD	Point-in-time
Deferred revenue, less current portion (Note 7)	`DeferredRevenueNoncurrent`	$1.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.57M	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; 3,876,961 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$121.65M	USD	Point-in-time
Common stock, no par value, 60,000,000 shares authorized; 3,876,961 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$121.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-105.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-105.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$17.59M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.86M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales (Note 1)	`SalesRevenueGoodsNet`	-	USD	1 Quarter
Sales (Note 1)	`SalesRevenueGoodsNet`	-	USD	2 Qtrs
Sales (Note 1)	`SalesRevenueGoodsNet`	$35.80K	USD	2 Qtrs
Sales (Note 1)	`SalesRevenueGoodsNet`	$24.52K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	-	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$12.10K	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$8.10K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$16.42K	USD	1 Quarter
Gross profit	`GrossProfit`	$23.70K	USD	2 Qtrs
Other revenue - fee (Note 7)	`LicensesRevenue`	$48.35K	USD	2 Qtrs
Other revenue - fee (Note 7)	`LicensesRevenue`	$24.17K	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	$24.17K	USD	1 Quarter
Other revenue - fee (Note 7)	`LicensesRevenue`	$48.35K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.02M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.85M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$822.84K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$552.41K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$445.67K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$73.08K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.26M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.28M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$895.92K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.30M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.04M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-871.75K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.21M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.25M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.99M	USD	1 Quarter
Gain on sale of property and equipment (Note 2)	`GainLossOnSaleOfPropertyPlantEquipment`	$912.00	USD	1 Quarter
Gain on sale of property and equipment (Note 2)	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Gain on sale of property and equipment (Note 2)	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of property and equipment (Note 2)	`GainLossOnSaleOfPropertyPlantEquipment`	$1.92M	USD	2 Qtrs
Interest expense	`InterestExpense`	$24.20K	USD	1 Quarter
Interest expense	`InterestExpense`	$49.26K	USD	2 Qtrs
Interest expense	`InterestExpense`	$25.75K	USD	2 Qtrs
Interest expense	`InterestExpense`	$148.00	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$36.21K	USD	2 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$-14.62K	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$79.39K	USD	2 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$35.11K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-38.81K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$1.97M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$35.87K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-13.05K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-835.88K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-276.36K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.52	USD	1 Quarter
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	2 Qtrs
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-1.09	USD	2 Qtrs
Basic and diluted net loss per share (Note 1)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	2 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	1 Quarter
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	2 Qtrs
Basic and diluted weighted average number of shares outstanding (Note 1)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-835.88K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-276.36K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Stock-based compensation for services	`ShareBasedCompensation`	$224.27K	USD	2 Qtrs
Stock-based compensation for services	`ShareBasedCompensation`	$780.98K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.03K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$129.79K	USD	2 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$48.35K	USD	2 Qtrs
Amortization of license fees	`RecognitionOfDeferredRevenue`	$48.35K	USD	2 Qtrs
Other non-cash charges	`OtherNoncashExpense`	$4.65K	USD	2 Qtrs
Other non-cash charges	`OtherNoncashExpense`	$168.08K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.92M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$912.00	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.26K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-232.02K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-193.93K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-506.46K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-143.79K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-547.61K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-436.46K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$17.16K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$9.53K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.83M	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.55M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.15M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$16.22M	USD	2 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$13.61M	USD	2 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$21.65M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.75M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$47.02K	USD	2 Qtrs
Purchases of patent and trademark application costs	`PaymentsToAcquireIntangibleAssets`	$14.38K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.39M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.20M	USD	2 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$235.94K	USD	2 Qtrs
Repayment of notes payable and other obligations	`RepaymentsOfNotesPayable`	$174.08K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-174.08K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-235.94K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.33M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.48M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.49M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	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`	$4.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.49M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	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`	$4.87M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$49.74K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$31.36K	USD	2 Qtrs
Liability payoffs upon property sale	`LiabilityPayoffsUponPropertySale`	$2.06M	USD	2 Qtrs

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