Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 51,862 $ 6,145
Trade receivables, net 22,656 26,320
Inventories 11,110 13,624
Investment in AMAK (held-for-sale) 0 32,872
Prepaid expenses and other assets 7,016 4,947
Taxes receivable 16,858 182
Total current assets 109,502 84,090
Plant, pipeline and equipment, net 187,898 188,919
Intangible assets, net 13,354 14,736
Lease right-of-use assets, net 11,154 13,512
Mineral properties in the United States 412 562
TOTAL ASSETS 322,320 301,819
Current Liabilities    
Accounts payable 12,815 14,603
Accrued liabilities 13,192 5,740
Current portion of long-term debt 4,194 4,194
Current portion of lease liabilities 3,148 3,174
Current portion of other liabilities 447 924
Total current liabilities 33,796 28,635
  Long-term debt, net of current portion 42,949 79,095
  Post-retirement benefit, net of current portion 321 338
Lease liabilities, net of current portion 8,006 10,338
  Other liabilities, net of current portion 907 595
Deferred income taxes 26,132 11,375
Total liabilities 118,234 130,376
Commitments and Contingencies
EQUITY    
Common stock - authorized 40 million shares of $0.10 par value; issued and outstanding 24.8 million and 24.8 million in 2020 and 2019, respectively 2,482 2,475
Additional paid-in capital 60,875 59,530
Retained earnings 140,440 109,149
Total Trecora Resources Stockholders' Equity 203,797 171,154
Noncontrolling Interest 289 289
Total equity 204,086 171,443
TOTAL LIABILITIES AND EQUITY 322,320 301,819
CARES Act    
Current Liabilities    
  Long-term debt, net of current portion $ 6,123 $ 0