10-Q Filing

RIOT PLATFORMS, INC. CIK: 1167419 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001553350-22-000687`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	riot-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 110 Cash Flow Statement 120 Stockholders Equity 33

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$312.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.48M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.40M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.09M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CostsAndEstimatedEarningsInExcessOfBillingsCurrent`	$13.78M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CostsAndEstimatedEarningsInExcessOfBillingsCurrent`	$9.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.13M	USD	Point-in-time
Cryptocurrencies	`CryptocurrenciesClassifiedAsCurrent`	$159.54M	USD	Point-in-time
Cryptocurrencies	`CryptocurrenciesClassifiedAsCurrent`	$126.57M	USD	Point-in-time
Future power credits, current portion	`FuturePowerCreditsCurrent`	$58.48M	USD	Point-in-time
Future power credits, current portion	`FuturePowerCreditsCurrent`	$54.48M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Investments in marketable equity securities, at fair value	`MarketableSecuritiesCurrent`	$2.03M	USD	Point-in-time
Investments in marketable equity securities, at fair value	`MarketableSecuritiesCurrent`	$10.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$573.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$496.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$411.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$262.98M	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`	$266.17M	USD	Point-in-time
Deposits	`PrepaidExpenseNoncurrent`	$363.01M	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`	$13.37M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$14.16M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	147.99M	shares	Point-in-time
Goodwill	`Goodwill`	$349.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.75M	shares	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$30.36M	USD	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$130.69M	USD	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	147.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.75M	shares	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$26.08M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$21.17M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$13.19M	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	$25.45M	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	-	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`	$1.44B	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`	$18.76M	USD	Point-in-time
Billings in excess of costs and estimated earnings	`BillingsInExcessOfCostsAndEstimatedEarningsCurrent`	$6.39M	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`	$3.25M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$16.14M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$13.52M	USD	Point-in-time
Deferred revenue, current portion	`DeferredRevenueCurrent`	$2.84M	USD	Point-in-time
Deferred revenue, current portion	`DeferredRevenueCurrent`	$2.65M	USD	Point-in-time
Contingent consideration liability future power credits, current portion	`ContingentConsiderationLiabilityFuturePowerCreditsCurrentPortion`	$54.48M	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`	$1.52M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$1.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.57M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$19.80M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$18.85M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$12.26M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$19.97M	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`	$6.24M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$147.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$173.62M	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 June 30, 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 June 30, 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 June 30, 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 June 30, 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; 147,986,173 and 116,748,472 shares issued and outstanding as of June 30, 2022 and December 31, 2021	`CommonStockValue`	$1.60B	USD	Point-in-time
Common stock, no par value; 170,000,000 shares authorized; 147,986,173 and 116,748,472 shares issued and outstanding as of June 30, 2022 and December 31, 2021	`CommonStockValue`	$1.86B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-568.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-237.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.29B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$714.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$367.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$277.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.44B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$152.73M	USD	2 Qtrs
Total revenue	`Revenues`	$57.55M	USD	2 Qtrs
Total revenue	`Revenues`	$34.35M	USD	1 Quarter
Total revenue	`Revenues`	$72.95M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$17.03M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$18.34M	USD	2 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$78.00K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.71M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.55M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.66M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.56M	USD	1 Quarter
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$16.39M	USD	1 Quarter
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$16.39M	USD	2 Qtrs
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$60.93M	USD	1 Quarter
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$104.61M	USD	2 Qtrs
Power curtailment credits	`PowerCurtailmentCredits`	$-1.14M	USD	2 Qtrs
Power curtailment credits	`PowerCurtailmentCredits`	$-8.26M	USD	2 Qtrs
Power curtailment credits	`PowerCurtailmentCredits`	$-1.14M	USD	1 Quarter
Power curtailment credits	`PowerCurtailmentCredits`	$-5.71M	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$185.00K	USD	2 Qtrs
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$185.00K	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$176.00K	USD	2 Qtrs
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	-	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$29.00K	USD	1 Quarter
Realized gain on sale/exchange of cryptocurrencies	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$23.59M	USD	2 Qtrs
Realized gain on sale/exchange of cryptocurrencies	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$29.00K	USD	2 Qtrs
Realized gain on sale/exchange of cryptocurrencies	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$14.35M	USD	1 Quarter
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.61M	USD	2 Qtrs
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.61M	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$17.51M	USD	2 Qtrs
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$17.51M	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$126.18M	USD	2 Qtrs
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$99.79M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$349.15M	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$349.15M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$55.31M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$480.84M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$39.47M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$438.96M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-328.10M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-366.01M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$2.23M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-5.12M	USD	1 Quarter
Interest income (expense)	`InterestAndOtherIncomeExpense`	$80.00K	USD	1 Quarter
Interest income (expense)	`InterestAndOtherIncomeExpense`	-	USD	1 Quarter
Interest income (expense)	`InterestAndOtherIncomeExpense`	$255.00K	USD	2 Qtrs
Interest income (expense)	`InterestAndOtherIncomeExpense`	$-357.00K	USD	2 Qtrs
Realized loss on sale of marketable equity securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	2 Qtrs
Realized loss on sale of marketable equity securities	`MarketableSecuritiesRealizedGainLoss`	$-1.62M	USD	1 Quarter
Realized loss on sale of marketable equity securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	1 Quarter
Realized loss on sale of marketable equity securities	`MarketableSecuritiesRealizedGainLoss`	$-1.62M	USD	2 Qtrs
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	2 Qtrs
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	1 Quarter
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$339.00K	USD	1 Quarter
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-6.45M	USD	2 Qtrs
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-4.84M	USD	1 Quarter
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$339.00K	USD	2 Qtrs
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$1.51M	USD	2 Qtrs
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$-59.00K	USD	2 Qtrs
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$-59.00K	USD	1 Quarter
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$1.51M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$28.36M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-6.52M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$28.19M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-8.49M	USD	2 Qtrs
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$30.60M	USD	2 Qtrs
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-336.59M	USD	2 Qtrs
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$23.07M	USD	1 Quarter
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-372.53M	USD	1 Quarter
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$739.00K	USD	2 Qtrs
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$427.00K	USD	1 Quarter
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$-6.63M	USD	2 Qtrs
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$3.73M	USD	2 Qtrs
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$-6.63M	USD	1 Quarter
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$3.73M	USD	1 Quarter
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-5.89M	USD	2 Qtrs
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$3.73M	USD	2 Qtrs
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$3.73M	USD	1 Quarter
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-6.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$26.87M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-366.33M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-330.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.34M	USD	1 Quarter
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-2.81	USD	1 Quarter
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-2.67	USD	2 Qtrs
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$0.31	USD	2 Qtrs
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	2 Qtrs
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$-2.67	USD	2 Qtrs
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$-2.81	USD	1 Quarter
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.41M	shares	1 Quarter
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.94M	shares	2 Qtrs
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.76M	shares	2 Qtrs
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.68M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.24M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.50M	shares	2 Qtrs
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	123.76M	shares	2 Qtrs
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.41M	shares	1 Quarter

Cash Flow Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-366.33M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-330.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$26.87M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.74M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.91M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.81M	USD	2 Qtrs
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-48.00K	USD	2 Qtrs
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-48.00K	USD	2 Qtrs
Amortization of right of use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$807.00K	USD	2 Qtrs
Amortization of right of use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$54.00K	USD	2 Qtrs
Income tax expense	`OtherTaxExpenseBenefit`	$-5.89M	USD	2 Qtrs
Income tax expense	`OtherTaxExpenseBenefit`	$3.73M	USD	2 Qtrs
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$17.51M	USD	2 Qtrs
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$17.51M	USD	1 Quarter
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$126.18M	USD	2 Qtrs
Impairment of cryptocurrencies	`ImpairmentGainLossOnCryptocurrencies`	$99.79M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$349.15M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$349.15M	USD	2 Qtrs
Change in fair value of derivative asset	`FairValueAdjustmentOfWarrants`	$-16.39M	USD	2 Qtrs
Change in fair value of derivative asset	`FairValueAdjustmentOfWarrants`	$-104.61M	USD	2 Qtrs
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsiderations`	-	USD	2 Qtrs
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsiderations`	$176.00K	USD	2 Qtrs
Realized loss on sale of marketable equity securities	`LossOnSaleOfInvestments`	-	USD	2 Qtrs
Realized loss on sale of marketable equity securities	`LossOnSaleOfInvestments`	$1.62M	USD	2 Qtrs
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	1 Quarter
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	2 Qtrs
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	$29.00K	USD	2 Qtrs
Realized gain on sale/exchange of cryptocurrencies	`GainLossOnDispositionOfIntangibleAssets`	$23.59M	USD	2 Qtrs
Unrealized (gain)/loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$339.00K	USD	1 Quarter
Unrealized (gain)/loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-6.45M	USD	2 Qtrs
Unrealized (gain)/loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-4.84M	USD	1 Quarter
Unrealized (gain)/loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$339.00K	USD	2 Qtrs
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.61M	USD	2 Qtrs
Gain on exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.61M	USD	1 Quarter
Cryptocurrencies - mining, net	`CryptocurrenciesMining`	$-102.73M	USD	2 Qtrs
Cryptocurrencies - mining, net	`CryptocurrenciesMining`	$-54.11M	USD	2 Qtrs
Proceeds from sale of cryptocurrencies	`ProceedsFromSaleOfCryptocurrencies`	-	USD	2 Qtrs
Proceeds from sale of cryptocurrencies	`ProceedsFromSaleOfCryptocurrencies`	$33.12M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$693.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.04M	USD	2 Qtrs
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillings`	-	USD	2 Qtrs
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillings`	$3.92M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.86M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.37M	USD	2 Qtrs
Future power credits	`IncreaseDecreaseInFuturePowerCredits`	-	USD	2 Qtrs
Future power credits	`IncreaseDecreaseInFuturePowerCredits`	$-29.45M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.04M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.28M	USD	2 Qtrs
Billings in excess of costs and estimated earnings	`IncreaseDecreaseInBillingsInExcessOfCostsAndEstimatedEarnings`	$1.12M	USD	2 Qtrs
Billings in excess of costs and estimated earnings	`IncreaseDecreaseInBillingsInExcessOfCostsAndEstimatedEarnings`	-	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedCompensation`	$659.00K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedCompensation`	$-2.68M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.72M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-10.61M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$2.03M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$2.69M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-12.07M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.09M	USD	2 Qtrs
Lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-736.00K	USD	2 Qtrs
Lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-87.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.39M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.16M	USD	2 Qtrs
Proceeds from the sale of marketable equity securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$704.00K	USD	2 Qtrs
Proceeds from the sale of marketable equity securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	2 Qtrs
Acquisition of Whinstone, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of Whinstone, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.88M	USD	2 Qtrs
Proceeds from the sale of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	-	USD	2 Qtrs
Proceeds from the sale of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$1.80M	USD	2 Qtrs
Deposits on equipment	`DepositsOnEquipment`	$84.99M	USD	2 Qtrs
Deposits on equipment	`DepositsOnEquipment`	$192.49M	USD	2 Qtrs
Other deposits	`PaymentsToAcquireOtherProductiveAssets`	$709.00K	USD	2 Qtrs
Other deposits	`PaymentsToAcquireOtherProductiveAssets`	-	USD	2 Qtrs
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.13M	USD	2 Qtrs
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.40M	USD	2 Qtrs
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$16.00K	USD	2 Qtrs
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$28.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-269.92M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-131.21M	USD	2 Qtrs
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$272.74M	USD	2 Qtrs
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$84.82M	USD	2 Qtrs
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$5.71M	USD	2 Qtrs
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$2.14M	USD	2 Qtrs
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$806.00K	USD	2 Qtrs
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Payments on contingent consideration liability future power credits	`PaymentsOnContingentConsiderationLiability`	-	USD	2 Qtrs
Payments on contingent consideration liability future power credits	`PaymentsOnContingentConsiderationLiability`	$15.72M	USD	2 Qtrs
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$8.81M	USD	2 Qtrs
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$1.32M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$242.48M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.17M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-41.83M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-76.20M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.18M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.48M	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`	$270.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.31M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Issuance of common stock for business combination	`IssuanceOfCommonStockForBusinessCombination`	-	USD	2 Qtrs
Issuance of common stock for business combination	`IssuanceOfCommonStockForBusinessCombination`	$326.15M	USD	2 Qtrs
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$40.99M	USD	2 Qtrs
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$96.35M	USD	2 Qtrs
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	2 Qtrs
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	2 Qtrs
Property and equipment obtained in exchange transaction	`ContributionOfProperty`	$10.41M	USD	2 Qtrs
Property and equipment obtained in exchange transaction	`ContributionOfProperty`	-	USD	2 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Warrants on a cashless basis	`SettlementOfWarrantsOnCashlessBasisShares`	1.26M	shares	2 Qtrs
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$714.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquity`	$367.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-113.00K	USD	1 Quarter
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-1.32M	USD	2 Qtrs
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-8.81M	USD	2 Qtrs
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-508.00K	USD	1 Quarter
Issuance of common stock related to exercise of warrants	`IssuanceOfCommonStockRelatedToExerciseOfWarrants`	$806.00K	USD	2 Qtrs
Issuance of common stock in connection with the acquisition of Whinstone	`StockIssuedDuringPeriodValueAcquisitions`	$326.15M	USD	2 Qtrs
Issuance of common stock in connection with the acquisition of Whinstone	`StockIssuedDuringPeriodValueAcquisitions`	$326.15M	USD	1 Quarter
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$267.02M	USD	2 Qtrs
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$267.02M	USD	1 Quarter
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$82.68M	USD	2 Qtrs
Conversion of preferred stock to common stock	`StockIssueDuringPeriodValueConversionOfPreferredStockToCommonStock`	-	USD	2 Qtrs
Conversion of preferred stock to common stock	`StockIssueDuringPeriodValueConversionOfPreferredStockToCommonStock`	-	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.91M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$701.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.74M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$970.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-330.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-366.33M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$19.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$26.87M	USD	2 Qtrs
Balance	`StockholdersEquity`	$367.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$714.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$277.07M	USD	Point-in-time

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