Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 53,418	$ 500,316
Trade accounts receivable, net	359,185	11,541
Inventories	143
Related party receivables	8,953	13,491
Other current assets	200,405	5,828
Total current assets	622,104	531,176
Property and equipment, net	811,287	855,125
Intangible assets, net	280,935	185,407
Goodwill	211,849	101,247
Right of use assets under operating lease	1,132	2,260
Long-term deposit and other non-current assets	438	514
Deferred tax assets		3,661
Restricted cash escrow	1,371	2,233
Micronet Ltd. equity method investment	45	735
Total long-term assets	1,307,057	1,151,182
Total assets	1,929,161	1,682,358
LIABILITIES, TEMPORARY EQUITY AND EQUITY
Short-term loan	164	460
Trade accounts payable	262,530	11,092
Deposit held on behalf of clients	498	2,528
Related party payables	57,682	57,506
Current operating lease liability	690	1,215
Other current liabilities	136,229	192,594
Total current liabilities	457,793	265,395
Long-term loan		377
Long-term operating lease liability	382	905
Promissory note	210,483
Deferred tax liabilities	105,460	89,597
Other long-term liability	640
Accrued severance pay	46	50
Total long-term liabilities	317,011	90,929
Commitment and Contingencies (Note 11)
Temporary equity
Series B preferred stock subject to redemption: $0.001 par value, 33,687.21 shares authorized and 0 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.	553,035	553,035
Stockholders’ Equity:
Series A preferred stock: $0.001 par value, 2,604.28 shares authorized and 0 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively		3
Common stock: $0.001 par value, 750,000,000 shares authorized, 236,270,476 and 157,599,882 shares issued and outstanding as of September 30, 2023, and December 31, 2022, respectively	236	158
Additional paid-in capital	949,192	889,579
Accumulated other comprehensive income (loss)	(518,948)	4,367
Accumulated earnings (deficit)	170,530	(123,463)
Tingo Group, Inc. stockholders’ equity	601,010	770,644
Non-controlling interest	312	2,355
Total stockholders’ equity	601,322	772,999
Total liabilities, temporary equity and stockholders’ equity	1,929,161	1,682,358
Related Party
Current assets:
Related party receivables	8,953	13,491
LIABILITIES, TEMPORARY EQUITY AND EQUITY
Related party payables	$ 57,682	$ 57,506

Tingo Group, Inc. 10-Q