10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001079973-22-000557`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	riot_10q-033122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 38 Cash Flow Statement 89 Stockholders Equity 19

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$312.31M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.02M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.40M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CostsAndEstimatedEarningsInExcessOfBillingsCurrent`	$9.86M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CostsAndEstimatedEarningsInExcessOfBillingsCurrent`	$11.06M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.13M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.96M	USD	Point-in-time
Cryptocurrencies	`CryptocurrenciesClassifiedAsCurrent`	$189.63M	USD	Point-in-time
Cryptocurrencies	`CryptocurrenciesClassifiedAsCurrent`	$159.54M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Future power credits, current portion	`FuturePowerCreditsCurrent`	$79.26M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Future power credits, current portion	`FuturePowerCreditsCurrent`	$58.48M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Investments in marketable equity securities, at fair value	`MarketableSecuritiesCurrent`	$10.80M	USD	Point-in-time
Investments in marketable equity securities, at fair value	`MarketableSecuritiesCurrent`	$9.19M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$439.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$573.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$262.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$325.13M	USD	Point-in-time
Deposits	`PrepaidExpenseNoncurrent`	$266.17M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Deposits	`PrepaidExpenseNoncurrent`	$330.36M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	170.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	170.00M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$14.16M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$13.72M	USD	Point-in-time
Goodwill	`Goodwill`	$349.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.75M	shares	Point-in-time
Goodwill	`Goodwill`	$349.15M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.75M	shares	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$26.08M	USD	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$69.76M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.30M	shares	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$21.62M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$13.19M	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	-	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	$25.45M	USD	Point-in-time
Other long-term assets	`OtherLongTermInvestments`	$310.00K	USD	Point-in-time
Other long-term assets	`OtherLongTermInvestments`	$310.00K	USD	Point-in-time
Total assets	`Assets`	$1.55B	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.27M	USD	Point-in-time
Billings in excess of costs and estimated earnings	`BillingsInExcessOfCostsAndEstimatedEarningsCurrent`	$4.96M	USD	Point-in-time
Billings in excess of costs and estimated earnings	`BillingsInExcessOfCostsAndEstimatedEarningsCurrent`	$5.26M	USD	Point-in-time
Accrued compensation	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$5.93M	USD	Point-in-time
Accrued compensation	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$2.63M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$13.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$16.14M	USD	Point-in-time
Deferred revenue, current portion	`DeferredRevenueCurrent`	$2.75M	USD	Point-in-time
Deferred revenue, current portion	`DeferredRevenueCurrent`	$2.84M	USD	Point-in-time
Contingent consideration liability - future power credits, current portion	`ContingentConsiderationLiabilityFuturePowerCreditsCurrentPortion`	$79.26M	USD	Point-in-time
Contingent consideration liability - future power credits, current portion	`ContingentConsiderationLiabilityFuturePowerCreditsCurrentPortion`	$58.48M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$1.18M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$1.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.18M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$19.33M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$19.80M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$20.35M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$12.26M	USD	Point-in-time
Contingent consideration liability - future power credits, less current portion	`ContingentConsiderationLiabilityFuturePowerCredits`	$25.45M	USD	Point-in-time
Contingent consideration liability - future power credits, less current portion	`ContingentConsiderationLiabilityFuturePowerCredits`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$173.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$162.07M	USD	Point-in-time
Commitments and contingencies - Note 16	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 16	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value, 15,000,000 shares authorized:	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value, 15,000,000 shares authorized:	`PreferredStockValue`	-	USD	Point-in-time
2% Series A Convertible stock, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2022 and December 31, 2021	`SeriesAConvertibleStockValue`	-	USD	Point-in-time
2% Series A Convertible stock, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2022 and December 31, 2021	`SeriesAConvertibleStockValue`	-	USD	Point-in-time
0% Series B Convertible stock, 1,750,001 shares authorized; no shares issued and outstanding as of March 31, 2022 and 2,199 shares issued and outstanding as of December 31, 2021, liquidation preference over common stock, equal to carrying value	`SeriesBConvertibleStockValues`	$11.00K	USD	Point-in-time
0% Series B Convertible stock, 1,750,001 shares authorized; no shares issued and outstanding as of March 31, 2022 and 2,199 shares issued and outstanding as of December 31, 2021, liquidation preference over common stock, equal to carrying value	`SeriesBConvertibleStockValues`	-	USD	Point-in-time
Common stock, no par value; 170,000,000 shares authorized; 117,304,304 and 116,748,472 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$1.59B	USD	Point-in-time
Common stock, no par value; 170,000,000 shares authorized; 117,304,304 and 116,748,472 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$1.60B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-202.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-237.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$277.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$367.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.55B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$23.20M	USD	1 Quarter
Total revenue	`Revenues`	$79.79M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.91M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.85M	USD	1 Quarter
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	-	USD	1 Quarter
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$46.23M	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$176.00K	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	-	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	-	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	$9.24M	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	-	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$26.39M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$41.88M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$15.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.36M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.91M	USD	1 Quarter
Interest and other income (expense)	`OtherOperatingIncomeExpenseNet`	$-357.00K	USD	1 Quarter
Interest and other income (expense)	`OtherOperatingIncomeExpenseNet`	$175.00K	USD	1 Quarter
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-1.61M	USD	1 Quarter
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$175.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.97M	USD	1 Quarter
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$7.53M	USD	1 Quarter
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$35.94M	USD	1 Quarter
Current income tax expense	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Current income tax expense	`DeferredIncomeTaxExpenseBenefit`	$312.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.63M	USD	1 Quarter
Basic net income per share (in Dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic net income per share (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted net income per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted net income per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.16M	shares	1 Quarter
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.04M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.04M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.71M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$35.63M	USD	1 Quarter
Net income	`ProfitLoss`	$7.53M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.04M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$936.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.85M	USD	1 Quarter
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-24.00K	USD	1 Quarter
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-24.00K	USD	1 Quarter
Amortization of right of use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$357.00K	USD	1 Quarter
Amortization of right of use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$312.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	-	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$26.39M	USD	1 Quarter
Change in fair value of derivative asset	`OtherOperatingActivitiesCashFlowStatement`	$-43.68M	USD	1 Quarter
Change in fair value of derivative asset	`OtherOperatingActivitiesCashFlowStatement`	-	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	-	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$176.00K	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	-	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	$9.24M	USD	1 Quarter
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-1.61M	USD	1 Quarter
Cryptocurrencies - mining, net	`CryptocurrenciesMining`	$-22.94M	USD	1 Quarter
Cryptocurrencies - mining, net	`CryptocurrenciesMining`	$-56.66M	USD	1 Quarter
Proceeds from sale of cryptocurrencies	`ProceedsFromSaleOfCryptocurrencies`	$9.42M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$621.00K	USD	1 Quarter
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillings`	-	USD	1 Quarter
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillings`	$1.20M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-628.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.82M	USD	1 Quarter
Future power credits	`IncreaseDecreaseInFuturePowerCredits`	-	USD	1 Quarter
Future power credits	`IncreaseDecreaseInFuturePowerCredits`	$-4.67M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.19M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.77M	USD	1 Quarter
Billings in excess of costs and estimated earnings	`IncreaseDecreaseInBillingsInExcessOfCostsAndEstimatedEarnings`	-	USD	1 Quarter
Billings in excess of costs and estimated earnings	`IncreaseDecreaseInBillingsInExcessOfCostsAndEstimatedEarnings`	$-301.00K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedCompensation`	$-3.30M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInAccruedCompensation`	-	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-2.63M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.85M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-22.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-540.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Lease liability	`IncreaseDecreaseInLeaseLiability`	-	USD	1 Quarter
Lease liability	`IncreaseDecreaseInLeaseLiability`	$-369.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-45.32M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.99M	USD	1 Quarter
Deposits on equipment	`DepositsOnEquipment`	$56.35M	USD	1 Quarter
Deposits on equipment	`DepositsOnEquipment`	$103.16M	USD	1 Quarter
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.08M	USD	1 Quarter
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.27M	USD	1 Quarter
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$38.00K	USD	1 Quarter
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$26.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.27M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.66M	USD	1 Quarter
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$84.82M	USD	1 Quarter
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$2.14M	USD	1 Quarter
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	-	USD	1 Quarter
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$806.00K	USD	1 Quarter
Payments on contingent consideration liability	`PaymentsOnContingentConsiderationLiability`	-	USD	1 Quarter
Payments on contingent consideration liability	`PaymentsOnContingentConsiderationLiability`	$4.84M	USD	1 Quarter
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$8.31M	USD	1 Quarter
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$1.21M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.28M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.15M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$17.63M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-198.73M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$241.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$113.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.31M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$223.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$223.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$113.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$241.01M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$18.72M	USD	1 Quarter
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$38.97M	USD	1 Quarter
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	1 Quarter
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	1 Quarter
Construction in progress included in accrued expenses	`ConstructionInProgressIncludedInAccruedExpenses`	$946.00K	USD	1 Quarter
Construction in progress included in accrued expenses	`ConstructionInProgressIncludedInAccruedExpenses`	-	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Warrants on a cashless basis	`SettlementOfWarrantsOnCashlessBasisShares`	1.26M	shares	1 Quarter
Net of offering costs	`OfferingCostsNet`	$2.10M	USD	1 Quarter
Balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$367.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-8.31M	USD	1 Quarter
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-1.21M	USD	1 Quarter
Issuance of common stock related to exercise of warrants	`IssuanceOfCommonStockRelatedToExerciseOfWarrants`	$806.00K	USD	1 Quarter
Issuance of common stock/At-the-market offering, net of offering costs of $2.1 million	`StockIssuedDuringPeriodValueNewIssues1`	$82.68M	USD	1 Quarter
Conversion of preferred stock to common stock	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueIssuedForServices`	$3.04M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueIssuedForServices`	$936.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.53M	USD	1 Quarter
Balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$367.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time

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