Toughbuilt Industries, Inc (TBLT) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K	10-K	10-K	S-1/A
Assets
Current Assets
Cash	2.6	7.5	2.2	0.0	5.5	0.0	1.3
Accounts receivable, net	16.8	18.2	10.5	2.1	1.0	0.2	0.2
Inventory, net	40.4	38.4	8.9	2.2	0.4	0.1	0.2
Total Current Assets	60.1	64.9	24.3	9.2	8.6	2.0	3.0

Other Assets
Property and equipment, net	17.5	13.3	3.1	1.1	0.2	0.3	0.4
Other assets	1.9	0.7	0.1	0.1	0.0
Total Assets	83.9	79.0	27.5	10.5	8.9	2.4	3.4

Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable	29.7	14.4	7.0	2.5	2.0	2.3	0.4
Accrued expenses	3.0	1.8	0.6	0.4	0.9	0.7	0.2
Short-term loan payable	1.0		0.6	0.1	1.3	1.1
Warrant and preferred investment option liabilities	16.1	4.8			23.5
Total Current Liabilities	50.7	21.1	8.1	7.2	27.8	10.7	2.0
Total Liabilities	54.2	21.1	8.1	7.2	27.8	10.7	5.8

Stockholders' Equity
Preferred Stock
Common stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Additional paid-in capital	174.7	156.2	80.1	41.8	20.2	1.7	1.6
Accumulated deficit	-145.0	-98.3	-60.8	-43.4	-39.1	-11.5	-5.5
Total Stockholders' Equity	29.7	57.9	19.3	3.2	-19.0	-9.7	-3.9
Total Liabilities and Stockholders' Equity	83.9	79.0	27.5	10.5	8.9	2.4