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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 9,519 $ 345
Prepaid expenses and other current assets 894 153
Investments available for sale 44
Digital currencies 48 10
Total current assets 10,461 552
Non-current assets:    
Property and equipment, net 3,116 602
Intangible assets, net 468
Investments, at cost 287
Total assets 13,577 1,908
Current liabilities:    
Accounts payable 287 66
Accrued expenses 707 124
Other payables 710 1
Total current liabilities 1,704 191
Non-current liabilities:    
Convertible notes payable, net of discount 2,300
Total liabilities 1,704 2,491
Commitments and Contingencies
Stockholders’ Equity (Deficit)    
Common stock, $0.001 par value; 125,000,000 shares authorized; 58,963,009 and 28,722,855 shares issued and outstanding at December 31, 2017 and 2016, respectively. 59 29
Additional paid-in capital 390,736 327,943
Accumulated other comprehensive loss (66)
Accumulated deficit (378,900) (328,467)
Total equity (deficit) attributable to MGT stockholders 11,895 (561)
Non-controlling interest (22) (22)
Total stockholders’ equity (deficit) 11,873 (583)
Total liabilities, stockholders’ equity (deficit), redeemable convertible preferred stock and non-controlling interest 13,577 1,908
Series A Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock - Temporary equity    
Preferred stock, Series A Convertible Preferred, $0.001 par value, 1,500,000 shares authorized at December 31, 2017 and 2016. 1,416,160 shares issued and held in treasury as of December 31, 2017 and 2016. No shares outstanding at December 31, 2016 and 2017.
Undesignated Preferred Stock [Member]    
Stockholders’ Equity (Deficit)    
Undesignated preferred stock, $0.001 par value, 8,500,000 shares authorized at December 2017 and 2016. No shares issued or outstanding at December 31, 2017 and 2016