| Schedule of discontinued operations |
|
| (in thousands)
| |
|
| Three Months ended March 31,
| |
|
| 2020
| |
| 2019
|
|
| Total revenues
|
| $
| 2,310
| |
| $
| 5,313
|
|
| Cost of goods sold
| |
| 1,787
| | |
| 2,909
| |
| | | | | | | |
|
| Gross profit
| |
| 523
| | |
| 2,404
| |
| | | | | | | |
|
| Selling, general and administrative expenses
| |
| 2,089
| | |
| 2,924
|
|
| (Gain) / Loss on sale of assets
| |
| 3,197
| | |
| -
| |
| | | | | | | |
|
| Income (Loss) from operations
|
| $
| (4,763
| )
|
| $
| (520
| )
|
| | | | | | | |
|
| Other income (expense)
| |
| 11
| | |
| 36
| |
| | | | | | | |
|
| Income (Loss) from discontinued operations
|
| $
| (4,752
| )
|
| $
| (484
| )
|
| | | | | | | |
|
| Income (Loss) from discontinued operations per common share attributable to Terra Tech Corp common stockholders - basic and diluted
|
| $
| (0.03
| )
|
| $
| (0.01
| )
|
|
| (in thousands)
| |
|
| March 31,
2020
| |
| December 31,
2019
|
|
| Accounts receivable, net
|
| $
| 980
| | |
| 1,096
|
|
| Inventory
| |
| 89
| | |
| 1,073
|
|
| Prepaid expenses and other assets
| |
| 37
| | |
| 271
|
|
| Property, equipment and leasehold improvements, net
| |
| 10,545
| | |
| 15,069
|
|
| Intangible assets, net
| |
| -
| | |
| 399
|
|
| Goodwill
| |
| -
| | |
| 6,251
|
|
| Other assets
| |
| 6,541
| | |
| 3,720
|
|
| Investments
| |
| 330
| | |
| -
|
|
| Assets of discontinued operations
|
| $
| 18,522
| |
| $
| 27,879
| |
| | | | | | | |
|
| Accounts payable and accrued expenses
|
| $
| 538
| |
| $
| 3,320
|
|
| Deferred gain on sale of assets
| |
| 3,898
| | |
| 3,750
|
|
| Liabilities of discontinued operations
|
| $
| 4,436
| |
| $
| 7,070
| |
|