.
(1) Adjusted to reflect the one-for-15 reverse stock split. See "Note 1 – Description of Business."
TERRA TECH CORP. AND
SUBSIDIARIES
CONSOLIDATED BALANCE
SHEETS
(in thousands, except for
Shares)
(1) Adjusted to reflect the one-for-15 reverse stock split. See "Note 1 – Description of Business.â€
SOURCE: Terra Tech Corp.
|
March 31,
|
December 31,
|
|||||||
|
2019
|
2018
|
|||||||
|
(Unaudited)
|
||||||||
|
ASSETS
|
||||||||
|
Current Assets:
|
||||||||
|
Cash
|
$ | 5,807 | $ | 7,193 | ||||
|
Accounts Receivable
|
1,862 | 1,247 | ||||||
|
Inventory
|
4,505 | 2,280 | ||||||
|
Assets Held for Sale
|
7,509 | 7,501 | ||||||
|
Prepaid Expenses and Other Current
Assets
|
923 | 741 | ||||||
|
Total Current Assets
|
20,606 | 18,963 | ||||||
|
Property, Equipment and Leasehold
Improvements, Net
|
46,432 | 34,139 | ||||||
|
Intangible Assets, Net
|
25,708 | 18,466 | ||||||
|
Goodwill
|
35,973 | 35,173 | ||||||
|
Other Assets
|
11,115 | 897 | ||||||
|
Other Investments
|
5,300 | 12,451 | ||||||
|
TOTAL ASSETS
|
$ | 145,133 | $ | 120,088 | ||||
|
LIABILITIES AND STOCKHOLDERS' EQUITY
|
||||||||
|
LIABILITIES:
|
||||||||
|
Current Liabilities:
|
||||||||
|
Accounts Payable and Accrued
Expenses
|
$ | 9,222 | $ | 6,901 | ||||
|
Total Current Liabilities
|
9,222 | 6,901 | ||||||
|
Long-Term Liabilities:
|
||||||||
|
Long-Term Debt, Net of
Discounts
|
13,031 | 18,313 | ||||||
|
Long-Term Lease Liabilities
|
7,786 | - | ||||||
|
Total Long-Term Liabilities
|
20,817 | 18,313 | ||||||
|
Total Liabilities
|
30,039 | 25,214 | ||||||
|
STOCKHOLDERS' EQUITY:
|
||||||||
|
Preferred Stock, Convertible Series A, Par
Value 0.001:
|
- | - | ||||||
|
100 Shares Authorized as of March 31, 2019
and December 31, 2018; 12 Shares Issued and Outstanding as of March
31, 2019 and December 31, 2018
|
- | - | ||||||
|
Preferred Stock, Convertible Series B, Par
Value 0.001:
|
- | - | ||||||
|
41,000,000 Shares Authorized as of March
31, 2019 and December 31, 2018; 0 Shares Issued and Outstanding as
of March 31, 2019 and December 31, 2018
|
- | - | ||||||
|
Common Stock, Par Value 0.001:
|
101 | 82 | ||||||
|
990,000,000 Shares Authorized as of March
31, 2019 and December 31, 2018; 100,648,444 and 81,759,415 Shares
Issued and Outstanding as of March 31, 2019 and December 31, 2018,
respectively (1)
|
- | - | ||||||
|
Additional Paid-In Capital (1)
|
253,066 | 236,543 | ||||||
|
Accumulated Deficit
|
(147,442 | ) | (142,754 | ) | ||||
|
Total Terra Tech Corp. Stockholders'
Equity
|
105,725 | 93,870 | ||||||
|
Non-Controlling Interest
|
9,369 | 1,003 | ||||||
|
Total Stockholders' Equity
|
115,094 | 94,874 | ||||||
|
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
|
$ | 145,133 | $ | 120,088 | ||||