Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 1,226 $ 7,193
Accounts receivable, net 1,457 1,209
Inventory 5,155 1,359
Prepaid expenses and other current assets 882 714
Current assets of discontinued operations 648 1,034
Total current assets 9,368 11,509
Property, equipment and leasehold improvements, net 40,082 31,681
Intangible assets, net 15,270 18,466
Goodwill 27,722 35,172
Other assets 11,317 895
Other investments 5,000 12,451
Assets of discontinued operations 10,490 9,914
TOTAL ASSETS 119,249 120,088
Current liabilities:    
Accounts payable and other accrued expenses 11,820 6,396
Short-term debt 11,022
Current liabilities of discontinued operations 4,740 505
Total current liabilities 27,582 6,901
Long-term liabilities:    
Long-term debt, net of discounts 6,570 18,313
Long-term lease liabilities 9,771
Total long-term liabilities 16,341 18,313
Total liabilities 43,923 25,214
STOCKHOLDERS' EQUITY:    
Common stock, par value $0.001: 990,000,000 Shares authorized as of December 31, 2019 and 2018; 120,313,386 shares issued and 118,004,978 shares outstanding as of December 31, 2019; and 81,759,415 shares issued and outstanding as of December 31, 2018. 120 82
Additional paid-in capital 260,516 236,543
Treasury stock (808)
Accumulated deficit (189,686) (142,754)
Total Terra Tech Corp. stockholders' equity 70,142 93,871
Non-controlling interest 5,184 1,003
Total stockholders' equity 75,326 94,874
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 119,249 120,088
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, value
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, value