I prefer the DMG financial model to RIOT.From RIOT's Q2 PR. Selling, general, and administrative ("SG&A") expenses increased by $7.2 million to $10.7 million, as compared to $3.5 million for the same three-month period in 2021, primarily due to an increase in compensation-related expense of $2.1 million, which came about as a result of the hiring of additional employees to support the Company's ongoing growth, an increase in audit and consulting fees of $2.2 million resulting primarily from assistance on internal control systems and procedures and IT projects, an increase in insurance expense of $0.8 million, and other general operating costs. Net loss for the quarter ended June 30, 2022, was $(366.3). million, or $(2.81) per share.
SEC Filings :: Riot Blockchain, Inc. (RIOT)