Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 1,858 $ 7,193
Accounts receivable, net 1,445 1,199
Notes receivable 450
Inventory 4,738 1,045
Prepaid expenses and other assets 707 707
Current assets of discontinued operations 1,087 1,366
Total current assets 10,285 11,510
Property, equipment and leasehold improvements, net 43,502 31,195
Intangible assets, net 16,290 18,466
Goodwill 35,173 35,172
Other assets 10,529 895
Other investments 5,000 12,450
Assets of discontinued operations 9,027 10,400
TOTAL ASSETS 129,806 120,088
Current liabilities:    
Accounts payable and accrued expenses 9,632 6,211
Short-term debt 921
Current liabilities of discontinued operations 3,248 690
Total current liabilities 13,801 6,901
Long-term liabilities:    
Long-term debt, net of discounts 15,040 18,313
Long-term lease liabilities 9,342
Long-term liabilities of discontinued operations 414
Total long-term liabilities 24,796 18,313
Total liabilities 38,597 25,214
STOCKHOLDERS' EQUITY:    
Common stock, par value 0.001: 990,000,000 shares authorized as of September 30, 2019 and December 31, 2018; 115,217,115 issued and 112,908,747 outstanding as of September 30, 2019 and 81,759,415 shares issued and outstanding as of December 31, 2018 115 82
Additional paid-in capital 258,262 236,543
Treasury stock (2,308,408 shares of common stock, 4 shares of preferred stock convertible series A) (808)
Accumulated deficit (172,308) (142,754)
Total Terra Tech Corp. stockholders' equity 85,261 93,871
Non-controlling interest 5,948 1,003
Total stockholders' equity 91,209 94,874
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 129,806 120,088
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, convertible series A, par value 0.001: 100 shares authorized as of September 30, 2019 and December 31, 2018; 12 shares issued and 8 shares outstanding as of September 30, 2019 and 12 shares issued and outstanding as of December 31, 2018
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, convertible series A, par value 0.001: 100 shares authorized as of September 30, 2019 and December 31, 2018; 12 shares issued and 8 shares outstanding as of September 30, 2019 and 12 shares issued and outstanding as of December 31, 2018