Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

v3.5.0.2
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 57,366 $ 228,194
Prepaid expenses 91,608 0
Current assets from discontinued operations 0 6,229,646
Total current assets 148,974 6,457,840
Property and equipment:    
Property and equipment 140,547 139,004
Less accumulated depreciation (108,705) (97,857)
Total property and equipment, net 31,842 41,147
Investment in Blackridge Holding Company, LLC 52,853 0
Non-current assets from discontinued operations 0 31,808,230
Total assets 233,669 38,307,217
Current liabilities:    
Current liabilities from discontinued operations 0 68,312,897
Accounts payable 23,165 0
Due to Black Ridge Holding Company, LLC 23,674 0
Accrued expenses 24,334 0
Total current liabilities 71,173 68,312,897
Noncurrent liabilities from discontinued operations 0 368,089
Total liabilities 71,173 68,680,986
Commitments and contingencies (See note 17)
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value, 500,000,000 shares authorized, 47,979,990 shares issued and outstanding 47,980 47,980
Additional paid-in capital 34,748,886 34,275,414
Accumulated deficit (34,634,370) (64,697,163)
Total stockholders' equity (deficit) 162,496 (30,373,769)
Total liabilities and stockholders' equity (deficit) $ 233,669 $ 38,307,217