Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 2,338 $ 1,226
Accounts receivable, net 351 693
Inventory 4,851 4,334
Prepaid expenses and other assets 457 675
Current assets of discontinued operations 183 2,440
Total current assets 8,180 9,368
Property, equipment and leasehold improvements, net 33,345 35,469
Intangible assets, net 8,028 14,871
Goodwill 6,171 21,471
Other assets 13,327 10,272
Investments 5,330 5,000
Assets of discontinued operations 2,981 22,799
TOTAL ASSETS 77,362 119,250
Current liabilities:    
Accounts payable and accrued expenses 10,752 9,526
Short-term debt 12,855 11,021
Current liabilities of discontinued operations 8,219 7,035
Total current liabilities 31,826 27,582
Long-term liabilities:    
Long-term debt, net of discounts 1,877 6,570
Long-term lease liabilities 8,448 8,902
Long-term liabilities of discontinued operations 55 869
Total long-term liabilities 10,380 16,341
Total liabilities 42,206 43,923
STOCKHOLDERS' EQUITY:    
Common stock, par value 0.001: 990,000,000 Shares authorized as of September 30, 2020 and December 31, 2019; 211,571,970 issued and 209,263,562 outstanding as of September 30, 2020 and 120,313,386 shares issued and 118,004,978 shares outstanding as of December 31, 2019 214 120
Additional paid-in capital 274,370 260,516
Treasury Stock (2,308,408 shares of common stock, 4 shares of Preferred Stock Convertible Series A) (808) (808)
Accumulated deficit (243,358) (189,685)
Total Terra Tech Corp. stockholders' equity 30,418 70,143
Non-controlling interest 4,738 5,184
Total stockholders' equity 35,156 75,327
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 77,362 119,250
Preferred Stock Convertible Series A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock value 0 0
Preferred Stock Convertible Series B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock value $ 0 $ 0