Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 1,243 $ 888
Accounts receivable, net 1,300 835
Short Term investments 40,256 34,045
Inventory 2,354 1,602
Prepaid expenses and other assets 628 234
Current assets of discontinued operations 1 2
Total current assets 45,782 37,606
Property, equipment and leasehold improvements, net 31,641 32,480
Intangible assets, net 7,522 7,714
Goodwill 6,171 6,171
Other assets 12,844 13,040
Investments 330 330
Assets of discontinued operations 2,927 2,953
TOTAL ASSETS 107,217 100,294
Current liabilities:    
Accounts payable and accrued expenses 9,869 8,621
Short-term debt 12,746 8,033
Current liabilities of discontinued operations 9,782 9,768
Total current liabilities 32,397 26,422
Long-term liabilities:    
Long-term debt, net of discounts 3,532 6,632
Long-term lease liabilities 7,592 8,082
Long-term liabilities of discontinued operations 0 28
Total long-term liabilities 11,124 14,742
Total liabilities 43,521 41,164
STOCKHOLDERS' EQUITY:    
Common stock, par value 0.001: 990,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 235,491,198 shares issued and 233,182,790 shares outstanding as of March 31, 2021; 196,512,867 shares issued and 194,204,459 shares outstanding as of December 31, 2020. 256 218
Additional paid-in capital 290,225 275,060
Treasury Stock (2,308,408 shares of common stock, 12 shares of Preferred Stock Convertible Series A) (808) (808)
Accumulated deficit (230,822) (219,803)
Total Terra Tech Corp. stockholders' equity 58,851 54,667
Non-controlling interest 4,845 4,463
Total stockholders' equity 63,696 59,130
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 107,217 100,294
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