Riot Platforms Files 8-K for FY 2023 Financials
Ticker: RIOT · Form: 8-K · Filed: 2024-08-09T00:00:00.000Z
Sentiment: neutral
Topics: financial-statements, corporate-actions, filing
TL;DR
Riot Platforms dropped its 2023 8-K, check the financials and warrant activity.
AI Summary
Riot Platforms, Inc. filed an 8-K on August 9, 2024, reporting on its financial statements and exhibits for the period ending December 31, 2023. The filing includes information related to stock warrants, private placement transactions, and other corporate events. Riot Platforms, formerly known as Riot Blockchain, Inc., is incorporated in Nevada and operates in the finance services sector.
Why It Matters
This filing provides crucial financial details and corporate actions for Riot Platforms, offering investors insight into the company's performance and strategic moves during the 2023 fiscal year.
Risk Assessment
Risk Level: medium — The filing contains details about financial transactions and corporate events that could impact the company's stock value, requiring careful investor review.
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting period for financial statements)
- 20240809 — Filing Date (Date the 8-K was submitted)
Key Players & Entities
- Riot Platforms, Inc. (company) — Filer
- Riot Blockchain, Inc. (company) — Former company name
- Bioptix, Inc. (company) — Former company name
- Venaxis, Inc. (company) — Former company name
- 0001558370-24-011760 (filing_id) — Accession Number
FAQ
What specific financial statements are included in this 8-K filing?
The filing indicates it includes financial statements and exhibits for the period ending December 31, 2023.
What were the former names of Riot Platforms, Inc.?
Riot Platforms, Inc. was formerly known as Riot Blockchain, Inc., Bioptix, Inc., and Venaxis, Inc.
When was the company's name changed from Riot Blockchain, Inc.?
The company's name was changed from Riot Blockchain, Inc. on October 4, 2017.
What is the Standard Industrial Classification (SIC) code for Riot Platforms, Inc.?
The SIC code for Riot Platforms, Inc. is 6199, classified under Finance Services.
What is the accession number for this 8-K filing?
The accession number for this 8-K filing is 0001558370-24-011760.
From the Filing
0001558370-24-011760.txt : 20240809 0001558370-24-011760.hdr.sgml : 20240809 20240809170204 ACCESSION NUMBER: 0001558370-24-011760 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 114 CONFORMED PERIOD OF REPORT: 20231231 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Riot Platforms, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 841553387 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33675 FILM NUMBER: 241193837 BUSINESS ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 BUSINESS PHONE: 303-794-2000 MAIL ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 FORMER COMPANY: FORMER CONFORMED NAME: Riot Blockchain, Inc. DATE OF NAME CHANGE: 20171004 FORMER COMPANY: FORMER CONFORMED NAME: Bioptix, Inc. DATE OF NAME CHANGE: 20161201 FORMER COMPANY: FORMER CONFORMED NAME: Venaxis, Inc. DATE OF NAME CHANGE: 20121218 8-K 1 riot-20231231x8k.htm 8-K 0001167419 false 0001167419 2023-12-31 2023-12-31 0001167419 riot:ExerciseOfCommonStockWarrantsMember riot:PrivatePlacemenTransactionMember 2021-01-01 2021-12-31 0001167419 riot:ConnectionCashlessExerciseOfWarrantsMember 2021-01-01 2021-12-31 0001167419 riot:CashlessExerciseOfStockOptionsMember 2021-01-01 2021-12-31 0001167419 riot:MembersOfOurBoardOfDirectorsAndAnEmployeeOfCompanyMember 2022-01-01 2022-12-31 0001167419 riot:WhinstoneMember 2021-01-01 2021-12-31 0001167419 riot:ESSMetronMember 2021-01-01 2021-12-31 0001167419 riot:AccountingStandardsUpdate202308Member us-gaap:RetainedEarningsMember 2023-12-31 0001167419 us-gaap:RetainedEarningsMember 2023-12-31 0001167419 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001167419 riot:AccountingStandardsUpdate202308Member 2023-12-31 0001167419 us-gaap:RetainedEarningsMember 2022-12-31 0001167419 us-gaap:RetainedEarningsMember 2021-12-31 0001167419 us-gaap:RetainedEarningsMember 2020-12-31 0001167419 us-gaap:CommonStockMember 2023-12-31 0001167419 us-gaap:CommonStockMember 2022-12-31 0001167419 riot:CoinsquareMember riot:MogoInvestmentAgreementMember 2021-12-31 0001167419 us-gaap:PreferredStockMember 2021-12-31 0001167419 us-gaap:CommonStockMember 2021-12-31 0001167419 us-gaap:PreferredStockMember 2020-12-31 0001167419 us-gaap:CommonStockMember 2020-12-31 0001167419 riot:ServicebasedRSAsMember 2022-12-31 0001167419 riot:PerformancebasedRSAsMember 2022-12-31 0001167419 riot:PerformancebasedRSAsMember 2021-12-31 0001167419 riot:ServicebasedRSUsMember 2022-01-01 2022-12-31 0001167419 riot:ServicebasedRSAsMember 2022-01-01 2022-12-31 0001167419 riot:ServicebasedRSUsMember 2021-01-01 2021-12-31 0001167419 riot:ServicebasedRSAsMember 2021-01-01 2021-12-31 0001167419 srt:MinimumMember riot:ServiceBasedAwardsMember 2023-01-01 2023-12-31 0001167419 srt:MaximumMember riot:ServiceBasedAwardsMember 2023-01-01 2023-12-31 0001167419 srt:MinimumMember riot:TotalShareholderReturnBasedAwardsMember 2023-01-01 2023-12-31 0001167419 srt:MaximumMember riot:TotalShareholderReturnBasedAwardsMember 2023-01-01 2023-12-31 0001167419 riot:PerformanceBasedRestrictedStockAwardsAndUnitsMember 2023-01-01 2023-12-31 0001167419 riot:WhinstoneUsIncMember 2023-01-01 2023-12-31 0001167419 riot:AcquisitionOfESSMetronMember 2023-01-01 2023-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtMarketOffering2023Member 2024-02-20 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtmOffering2022Member 2023-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtMarketOffering2023Member 2023-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtmOffering2022Member 2022-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonSto