Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 888 $ 1,226
Accounts receivable, net 835 693
Short term investments 34,045 0
Inventory 1,602 4,334
Prepaid expenses and other current assets 234 675
Current assets of discontinued operations 2 2,440
Total current assets 37,606 9,368
Property, equipment and leasehold improvements, net 32,480 35,469
Intangible assets, net 7,714 14,871
Goodwill 6,171 21,471
Other assets 13,040 10,272
Investments 330 5,000
Assets of discontinued operations 2,953 22,799
TOTAL ASSETS 100,294 119,250
Current liabilities:    
Accounts payable and other accrued expenses 8,621 9,526
Short-term debt 8,033 11,022
Current liabilities of discontinued operations 9,768 7,035
Total current liabilities 26,422 27,583
Long-term liabilities:    
Long-term debt, net of discounts 6,632 6,570
Long-term lease liabilities 8,082 8,902
Long-term liabilities of discontinued operations 28 869
Total long-term liabilities 14,742 16,341
Total liabilities 41,164 43,924
STOCKHOLDERS' EQUITY:    
Additional paid-in capital 275,060 260,516
Treasury stock (808) (808)
Accumulated deficit (219,803) (189,686)
Total Terra Tech Corp. stockholders' equity 54,667 70,142
Non-controlling interest 4,463 5,184
Total stockholders' equity 59,130 75,326
Common stock, par value $0.001: 990,000,000 Shares authorized as of December 31, 2020 and 2019; 196,512,867 shares issued and 194,204,459 shares outstanding as of December 31, 2020; 120,313,386 shares issued and 118,004,978 shares outstanding as of December 31, 2019. 218 120
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 100,294 119,250
Preferred Stock Convertible Series A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, convertible series A, par value $0.001: 0 0
Preferred Stock Convertible Series B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, convertible series A, par value $0.001: $ 0 $ 0