Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 3,154	$ 2,174
Restricted cash	45
Trade accounts receivable, net		1,010
Short-term loan to Related party Micronet Ltd, net	281
Inventories		4,345
Other current assets	937	339
Total current assets	4,417	7,868
Property and equipment, net	29	661
Intangible assets, net and others		434
Long-term deposit and prepaid expenses		703
Restricted cash escrow	477	477
Micronet Ltd. Equity method investment	994
Total long-term assets	1,500	2,275
Total assets	5,917	10,143
LIABILITIES AND EQUITY
Short term bank credit and current portion of long term bank loans		2,806
Short term credit from others and current portion of long term loans from others		3,004
Trade accounts payable		1,531
Other current liabilities	290	1,211
Total current liabilities	290	8,552
Long term loans from others	1,856
Long term escrow	477	477
Accrued severance pay	50	110
Total long term liabilities	2,383	587
Stockholders' Equity:
Convertible Preferred stock; $0.001 par value, 2,386,363 and 0 shares authorized, issued and outstanding as of December 31, 2019 and December 31, 2018, respectively	2
Common stock; $0.001 par value, 25,000,000 shares authorized, 11,089,532 and 9,342,088 shares issued and outstanding as of December 31, 2019 and December 31, 2018, respectively	11	9
Additional paid in capital	14,107	11,905
Additional paid in capital - preferred stock	6,028
Accumulated other comprehensive (loss)	70	(117)
Accumulated loss	(16,974)	(12,757)
MICT, Inc. stockholders' equity	3,244	(960)
Non-controlling interests		1,964
Total equity	3,244	1,004
Total liabilities and equity	$ 5,917	$ 10,143