10-K Filing

RIOT PLATFORMS, INC. CIK: 1167419 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001558370-24-001550`
Period End Date	20231231
Filing Date	20240223
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	riot-20231231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 82 Cash Flow Statement 124 Stockholders Equity 28 Comprehensive Income 7

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.33M	USD	Point-in-time
Contract assets, retainage	`ContractAssetsCurrentRetainage`	$3.17M	USD	Point-in-time
Contract assets, retainage	`ContractAssetsCurrentRetainage`	$3.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$597.17M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$26.93M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$24.71M	USD	Point-in-time
Contract assets, including retainage of $3,166 and $3,012, respectively	`ContractWithCustomerAssetNetCurrent`	$19.74M	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
Contract assets, including retainage of $3,166 and $3,012, respectively	`ContractWithCustomerAssetNetCurrent`	$15.36M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.11M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.66M	USD	Point-in-time
Bitcoin	`CryptocurrenciesClassifiedAsCurrent`	$109.42M	USD	Point-in-time
Bitcoin	`CryptocurrenciesClassifiedAsCurrent`	$150.59M	USD	Point-in-time
Bitcoin	`CryptocurrenciesClassifiedAsCurrent`	$311.18M	USD	Point-in-time
Derivative asset, current portion	`DerivativeAssetsCurrent`	$30.78M	USD	Point-in-time
Future power credits, current portion	`FuturePowerCreditsCurrent`	$24.30M	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
Future power credits, current portion	`FuturePowerCreditsCurrent`	$271.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	170.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$443.38M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	340.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.01B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	340.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	230.84M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$692.55M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$704.19M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	167.75M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.75M	shares	Point-in-time
Deposits	`DepositAssets`	$215.01M	USD	Point-in-time
Deposits	`DepositAssets`	$42.43M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	230.84M	shares	Point-in-time
Finite-lived intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$21.48M	USD	Point-in-time
Finite-lived intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$15.70M	USD	Point-in-time
Derivative asset, less current portion	`DerivativeAssetsNoncurrent`	$73.44M	USD	Point-in-time
Derivative asset, less current portion	`DerivativeAssetsNoncurrent`	$97.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$21.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$20.41M	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	$638.00K	USD	Point-in-time
Future power credits, less current portion	`FuturePowerCreditsNonCurrent`	$638.00K	USD	Point-in-time
Other long-term assets	`OtherLongTermInvestments`	$13.12M	USD	Point-in-time
Other long-term assets	`OtherLongTermInvestments`	$310.00K	USD	Point-in-time
Total assets	`Assets`	$2.05B	USD	Point-in-time
Total assets	`Assets`	$1.32B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.45M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.45M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$4.07M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$65.46M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$62.63M	USD	Point-in-time
Deferred gain on acquisition post-close dispute settlement	`DeferredRevenueGainOnAcquisitionSettlement`	$26.01M	USD	Point-in-time
Deferred revenue, current portion	`DeferredIncomeCurrent`	$2.88M	USD	Point-in-time
Deferred revenue, current portion	`DeferredIncomeCurrent`	$2.46M	USD	Point-in-time
Contingent consideration liability - future power credits, current portion	`ContingentConsiderationLiabilityFuturePowerCreditsCurrentPortion`	$271.00K	USD	Point-in-time
Contingent consideration liability - future power credits, current portion	`ContingentConsiderationLiabilityFuturePowerCreditsCurrentPortion`	$24.30M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$2.42M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$2.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.54M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$17.87M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$15.80M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$18.92M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$20.24M	USD	Point-in-time
Contingent consideration liability - future power credits, less current portion	`ContingentConsiderationLiabilityFuturePowerCredits`	$638.00K	USD	Point-in-time
Contingent consideration liability - future power credits, less current portion	`ContingentConsiderationLiabilityFuturePowerCredits`	$638.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.68M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$163.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$168.52M	USD	Point-in-time
Commitments and contingencies - Note 17	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 17	`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
Common stock, no par value; 340,000,000 shares authorized; 230,836,624 and 167,751,112 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.69B	USD	Point-in-time
Common stock, no par value; 340,000,000 shares authorized; 230,836,624 and 167,751,112 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.91B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-799.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-756.34M	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$150.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$275.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.89B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.05B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.32B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$213.24M	USD	Annual
Total revenue	`Revenues`	$259.17M	USD	Annual
Total revenue	`Revenues`	$280.68M	USD	Annual
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$21.20M	USD	Annual
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$78.00K	USD	Annual
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$21.20M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$100.35M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$87.43M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$67.45M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$87.43M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$252.35M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$107.95M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$26.32M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$26.32M	USD	Annual
Change in fair value of Bitcoin	`ChangeInFairValueOfCryptocurrencies`	$184.73M	USD	Annual
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$6.72M	USD	Annual
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$71.42M	USD	Annual
Change in fair value of derivative asset	`ChangeInFairValueOfDerivativeAsset`	$12.11M	USD	Annual
Power curtailment credits	`PowerCurtailmentCredits`	$-6.51M	USD	Annual
Power curtailment credits	`PowerCurtailmentCredits`	$-71.22M	USD	Annual
Power curtailment credits	`PowerCurtailmentCredits`	$-6.51M	USD	Annual
Power curtailment credits	`PowerCurtailmentCredits`	$-27.34M	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$975.00K	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$-159.00K	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$975.00K	USD	Annual
Realized gain on sale of Bitcoin	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$253.00K	USD	Annual
Realized gain on sale of Bitcoin	`GainLossRealizedOnSaleexchangeOfCryptocurrencies`	$30.35M	USD	Annual
Loss (gain) on sale/exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.34M	USD	Annual
Loss (gain) on sale/exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$16.28M	USD	Annual
Casualty-related charges	`CasualtyRelatedChargesRecoveriesNet`	$-5.97M	USD	Annual
Casualty-related charges	`CasualtyRelatedChargesRecoveriesNet`	$9.69M	USD	Annual
Impairment of Bitcoin	`ImpairmentGainLossOnCryptocurrencies`	$147.37M	USD	Annual
Impairment of Bitcoin	`ImpairmentGainLossOnCryptocurrencies`	$43.97M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$335.65M	USD	Annual
Impairment of miners	`ImpairmentLossOnMiners`	$55.54M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$771.87M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$243.11M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$343.73M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-29.87M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-63.05M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-512.70M	USD	Annual
Interest income (expense)	`InterestAndOtherIncomeExpense`	$-296.00K	USD	Annual
Interest income (expense)	`InterestAndOtherIncomeExpense`	$-296.00K	USD	Annual
Interest income (expense)	`InterestAndOtherIncomeExpense`	$8.22M	USD	Annual
Interest income (expense)	`InterestAndOtherIncomeExpense`	$454.00K	USD	Annual
Realized loss on sale of marketable equity securities	`MarketableSecuritiesRealizedGainLoss`	$-9.00M	USD	Annual
Realized gain on sale/exchange of long-term investment	`RealizedInvestmentGainsLosses`	$26.26M	USD	Annual
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-13.65M	USD	Annual
Unrealized gain (loss) on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-13.65M	USD	Annual
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$260.00K	USD	Annual
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$-59.00K	USD	Annual
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$2.38M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-8.60M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$8.48M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$14.69M	USD	Annual
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-521.30M	USD	Annual
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-54.56M	USD	Annual
Net income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-15.18M	USD	Annual
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$254.00K	USD	Annual
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$254.00K	USD	Annual
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$789.00K	USD	Annual
Current income tax benefit (expense)	`CurrentIncomeTaxExpenseBenefit`	$-48.00K	USD	Annual
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$-5.04M	USD	Annual
Deferred income tax benefit (expense)	`DeferredIncomeTaxExpenseBenefit`	$-12.54M	USD	Annual
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-11.75M	USD	Annual
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$254.00K	USD	Annual
Total income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-5.09M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-509.55M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-15.44M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-49.47M	USD	Annual
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	Annual
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	Annual
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-3.65	USD	Annual
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$-3.65	USD	Annual
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	Annual
Diluted net income (loss) per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	Annual
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.45M	shares	Annual
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	175.03M	shares	Annual
Basic weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	139.43M	shares	Annual
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.43M	shares	Annual
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.45M	shares	Annual
Diluted weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.03M	shares	Annual

Cash Flow Statement 124 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-49.47M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-509.55M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-15.44M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$32.17M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$24.55M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$68.49M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$252.35M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$107.95M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$26.32M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$26.32M	USD	Annual
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-97.00K	USD	Annual
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-97.00K	USD	Annual
Amortization of license fee revenue	`AmortizationOfLicenseFeeRevenue`	$-97.00K	USD	Annual
Noncash lease expense	`AmortizationOfRightOfUseAssets`	$275.00K	USD	Annual
Noncash lease expense	`AmortizationOfRightOfUseAssets`	$2.51M	USD	Annual
Noncash lease expense	`AmortizationOfRightOfUseAssets`	$12.18M	USD	Annual
Deferred income tax expense (benefit)	`OtherTaxExpenseBenefit`	$-5.04M	USD	Annual
Deferred income tax expense (benefit)	`OtherTaxExpenseBenefit`	$-11.75M	USD	Annual
Deferred income tax expense (benefit)	`OtherTaxExpenseBenefit`	$254.00K	USD	Annual
Issuance of common stock warrant for settlement of advisory fees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$1.16M	USD	Annual
Impairment of Bitcoin	`ImpairmentGainLossOnCryptocurrencies`	$147.37M	USD	Annual
Impairment of Bitcoin	`ImpairmentGainLossOnCryptocurrencies`	$43.97M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$335.65M	USD	Annual
Impairment of miners	`ImpairmentOfMinersAndMiningEquipment`	$55.54M	USD	Annual
Change in fair value of Bitcoin	`ChangeInFairValueOfCryptocurrencies`	$184.73M	USD	Annual
Change in fair value of derivative asset	`FairValueAdjustmentOfWarrants`	$-6.72M	USD	Annual
Change in fair value of derivative asset	`FairValueAdjustmentOfWarrants`	$-71.42M	USD	Annual
Change in fair value of derivative asset	`FairValueAdjustmentOfWarrants`	$-12.11M	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsiderations`	$-159.00K	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsiderations`	$975.00K	USD	Annual
Realized loss on sale of marketable equity securities	`LossOnSaleOfInvestments`	$9.00M	USD	Annual
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	Annual
Realized gain on sale/exchange of long-term investment	`GainLossOnSaleOfInvestments`	$26.26M	USD	Annual
Realized gain on sale of Bitcoin	`GainLossOnDispositionOfIntangibleAssets`	$30.35M	USD	Annual
Realized gain on sale of Bitcoin	`GainLossOnDispositionOfIntangibleAssets`	$253.00K	USD	Annual
Realized gain on sale of Bitcoin	`GainLossOnDispositionOfIntangibleAssets`	$253.00K	USD	Annual
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-13.65M	USD	Annual
Unrealized loss on marketable equity securities	`MarketableSecuritiesUnrealizedGainLoss`	$-13.65M	USD	Annual
Loss (gain) on sale/exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.34M	USD	Annual
Loss (gain) on sale/exchange of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$16.28M	USD	Annual
Casualty-related charges	`CasualtyRelatedChargesRecoveriesRelatedToInvestingnet`	$1.53M	USD	Annual
Casualty-related charges	`CasualtyRelatedChargesRecoveriesRelatedToInvestingnet`	$9.69M	USD	Annual
Bitcoin Mining revenue	`CryptocurrenciesMining`	$184.42M	USD	Annual
Bitcoin Mining revenue	`CryptocurrenciesMining`	$156.87M	USD	Annual
Bitcoin Mining revenue	`CryptocurrenciesMining`	$189.00M	USD	Annual
Proceeds from sale of Bitcoin	`ProceedsFromSaleOfCryptocurrencies`	$295.00K	USD	Annual
Proceeds from sale of Bitcoin	`ProceedsFromSaleOfCryptocurrencies`	$79.53M	USD	Annual
Proceeds from sale of Bitcoin	`ProceedsFromSaleOfCryptocurrencies`	$176.22M	USD	Annual
(Increase)/decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-6.35M	USD	Annual
(Increase)/decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$7.15M	USD	Annual
(Increase)/decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-12.06M	USD	Annual
Increase/(decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-8.32M	USD	Annual
Increase/(decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$3.49M	USD	Annual
Increase/(decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$4.25M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-86.08M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.09M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$530.00K	USD	Annual
Proceeds from the sale of marketable equity securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.81M	USD	Annual
Acquisition of Whinstone, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.88M	USD	Annual
Acquisition of ESS Metron, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired1`	$29.57M	USD	Annual
Proceeds from the sale of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$1.80M	USD	Annual
Deposits on equipment	`DepositsOnEquipment`	$274.83M	USD	Annual
Deposits on equipment	`DepositsOnEquipment`	$194.92M	USD	Annual
Deposits on equipment	`DepositsOnEquipment`	$230.40M	USD	Annual
Security deposits	`PaymentsToAcquireOtherProductiveAssets`	$3.81M	USD	Annual
Investment in convertible debt	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.50M	USD	Annual
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.41M	USD	Annual
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$147.12M	USD	Annual
Purchases of property and equipment, including construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$193.70M	USD	Annual
Casualty-related recoveries	`ProceedsFromInsuranceSettlementInvestingActivities`	$7.50M	USD	Annual
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.37M	USD	Annual
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$9.53M	USD	Annual
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$34.00K	USD	Annual
Patent costs incurred	`PaymentsToAcquireIntangibleAssets`	$30.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-490.62M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-354.86M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-414.77M	USD	Annual
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$304.85M	USD	Annual
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$684.82M	USD	Annual
Proceeds from the issuance of common stock / At-the-market offering	`ProceedsFromIssuanceOfCommonStock`	$778.43M	USD	Annual
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$6.64M	USD	Annual
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$16.66M	USD	Annual
Offering costs for the issuance of common stock / At-the-market offering	`PaymentsOfStockIssuanceCosts`	$14.90M	USD	Annual
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$806.00K	USD	Annual
Payments on contingent consideration liability - future power credits	`PaymentsOnContingentConsiderationLiability`	$15.72M	USD	Annual
Proceeds from Credit and Security Facility	`ProceedsFromLinesOfCredit`	$6.92M	USD	Annual
Repayments of Credit and Security Facility	`RepaymentsOfLinesOfCredit`	$6.06M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$77.00K	USD	Annual
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$10.14M	USD	Annual
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$5.08M	USD	Annual
Repurchase of common shares to pay employee withholding taxes	`PaymentsForRepurchaseOfCommonStock`	$14.04M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$748.52M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$665.64M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$272.35M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-81.99M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$88.93M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$366.84M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$223.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$597.17M	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`	$230.33M	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`	$597.17M	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`	$230.33M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$84.00K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	$680.00K	USD	Annual
Issuance of common stock for business combination	`IssuanceOfCommonStockForBusinessCombination`	$352.89M	USD	Annual
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$46.71M	USD	Annual
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$78.38M	USD	Annual
Reclassification of deposits to property and equipment	`ReclassificationOfDepositsOnEquipmentToPropertyAndEquipment`	$422.87M	USD	Annual
Construction in progress included in accrued expenses	`ConstructionInProgressIncludedInAccruedExpenses`	$23.45M	USD	Annual
Construction in progress included in accrued expenses	`ConstructionInProgressIncludedInAccruedExpenses`	$2.42M	USD	Annual
Construction in progress included in accrued expenses	`ConstructionInProgressIncludedInAccruedExpenses`	$16.62M	USD	Annual
Bitcoin exchanged for employee compensation	`BitcoinExchangedForEmployeeCompensationNoncashInvestingAndFinancingActivities`	$869.00K	USD	Point-in-time
Bitcoin exchanged for employee compensation	`BitcoinExchangedForEmployeeCompensationNoncashInvestingAndFinancingActivities`	$295.00K	USD	Point-in-time
Bitcoin exchanged for employee compensation	`BitcoinExchangedForEmployeeCompensationNoncashInvestingAndFinancingActivities`	$1.50M	USD	Point-in-time
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	Annual
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$11.00K	USD	Annual
Cumulative effect upon adoption of ASU 2023-08	`CumulativeEffectUponAdoptionOfNewAccountingStandardUpdate`	$5.99M	USD	Annual
Right of use assets exchanged for new operating lease liabilities	`RightOfUseAssetsExchangedForNewOperatingLeaseLiabilities`	$10.33M	USD	Point-in-time
Right of use assets exchanged for new operating lease liabilities	`RightOfUseAssetsExchangedForNewOperatingLeaseLiabilities`	$1.25M	USD	Point-in-time
Right of use assets exchanged for new operating lease liabilities	`RightOfUseAssetsExchangedForNewOperatingLeaseLiabilities`	$13.62M	USD	Point-in-time
Property and equipment obtained in exchange transaction	`ContributionOfProperty`	$10.41M	USD	Annual

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Warrants on a cashless basis	`SettlementOfWarrantsOnCashlessBasisShares`	1.26M	shares	Annual
Issuance of common stock in connection with the acquisition of ESS Metron with Held	`IssuanceOfCommonStockInConnectionWithAcquisitionOfEssMetronWithHeld`	70,156.00	shares	Annual
Balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Balance	`StockholdersEquity`	$275.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-14.04M	USD	Annual
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfSharesSettledForTaxWithholdingSettlementValue`	$-10.14M	USD	Annual
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding	`DeliveryOfCommonStockUnderlyingRestrictedStockUnitsNetOfTaxWithholdingSettlementValue`	$-5.08M	USD	Annual
Issuance of common stock related to exercise of warrants	`IssuanceOfCommonStockRelatedToExerciseOfWarrants`	$806.00K	USD	Annual
Issuance of common stock in connection with the acquisition of Whinstone	`StockIssuedDuringPeriodValueAcquisitions1`	$326.15M	USD	Annual
Issuance of common stock in connection with acquisition of ESS Metron, LLC	`StockIssuedDuringPeriodValueAcquisitions`	$26.73M	USD	Annual
Issuance of common stock in connection with acquisition of ESS Metron, LLC	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$669.92M	USD	Annual
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$298.21M	USD	Annual
Issuance of common stock/At-the-market offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$761.77M	USD	Annual
Issuance of common stock warrant for settlement of advisory fees	`IssuanceOfCommonStockWarrantForSettlementOfAdvisoryFees`	$1.16M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$32.17M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$24.55M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$68.49M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-49.47M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-509.55M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-15.44M	USD	Annual
Other comprehensive income (loss)	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	$150.00K	USD	Annual
Balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Balance	`StockholdersEquity`	$275.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time

Comprehensive Income 7 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-49.47M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-509.55M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-15.44M	USD	Annual
Unrealized holding gains (losses) in accumulated other comprehensive income	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	$150.00K	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-15.44M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-49.32M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-509.55M	USD	Annual

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