Expected near-term operational losses
Company: Riot
The claim, verbatim
Expects to continue incurring significant losses from operations in near-term
Source (primary)
Riot S-3/A filed 2018-12-12 (SEC EDGAR, sec_filing)
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Quote: “We expect to continue to incur losses from operations for the near-term and these losses could be significant as we incur costs and expenses associated with recent and potential future acquisitions and development of the RiotX exchange platform”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot S-3/A filed 2018-12-12
Quote: “We expect to continue to incur losses from operations for the near-term and these losses could be significant as we incur costs and expenses associated with recent and potential future acquisitions and development of the RiotX exchange platform”