Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (21,889,212)us-gaap_ProfitLoss $ (6,148,350)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
(Gain) loss on fair market valuation of derivatives (1,912,037)TRTC_GainOnFairMarketValuationOfDerivatives (673,000)TRTC_GainOnFairMarketValuationOfDerivatives
Depreciation and amortization 438,783us-gaap_DepreciationAndAmortization 41,309us-gaap_DepreciationAndAmortization
Warrants issued with common stock and debt 5,038,986TRTC_WarrantsIssuedWithCommonStock 1,355,990TRTC_WarrantsIssuedWithCommonStock
Stock issued for interest expense 396,555us-gaap_InterestExpenseTrustPreferredSecurities 1,039,081us-gaap_InterestExpenseTrustPreferredSecurities
Stock issued for compensation 3,027,647TRTC_PreferredStockIssuedForCompensation   
Stock issued for services 3,714,553us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 773,165us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Equity instruments issued with debt greater than debt carrying amount 4,808,000TRTC_EquityInstrumentsIssuedWithDebtGreaterThanDebtCarryingAmount 2,054,000TRTC_EquityInstrumentsIssuedWithDebtGreaterThanDebtCarryingAmount
Change in accounts receivable and inventory reserve 18,140TRTC_ChangeInAccountsReceivableAndNotesReceivableReserve 359,126TRTC_ChangeInAccountsReceivableAndNotesReceivableReserve
Changes in operating assets and liabilities:    
Accounts receivable (393,700)us-gaap_IncreaseDecreaseInAccountsReceivable (41,450)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses (81,343)us-gaap_IncreaseDecreaseInPrepaidExpense (857)us-gaap_IncreaseDecreaseInPrepaidExpense
Inventory (670,180)us-gaap_IncreaseDecreaseInInventories (75,389)us-gaap_IncreaseDecreaseInInventories
Prepaid inventory    51,988TRTC_IncreaseDecreaseInPrepaidInventory
Note receivable 173,754us-gaap_IncreaseDecreaseInNotesReceivables (173,754)us-gaap_IncreaseDecreaseInNotesReceivables
Deposits 5,422us-gaap_IncreaseDecreaseInDeposits (3,388,887)us-gaap_IncreaseDecreaseInDeposits
Accounts payable (528,723)us-gaap_IncreaseDecreaseInAccountsPayable 973,441us-gaap_IncreaseDecreaseInAccountsPayable
Net cash used in operations (7,853,355)us-gaap_NetCashProvidedByUsedInOperatingActivities (3,853,587)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (2,337,370)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment   
Purchase of intangible assets - domain names (12,440)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (11,400)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Cash assumed in merger    100us-gaap_LiabilitiesAssumed1
Net cash used in investing activities (2,349,810)us-gaap_NetCashProvidedByUsedInInvestingActivities (11,300)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of notes payable 7,344,737us-gaap_ProceedsFromNotesPayable 2,403,474us-gaap_ProceedsFromNotesPayable
Proceeds from issuance of notes payable to related parties 27,500TRTC_ProceedsFromIssuanceOfNotesPayableToRelatedParties 17,502TRTC_ProceedsFromIssuanceOfNotesPayableToRelatedParties
Payment on notes payable (303,474)TRTC_PaymentOnNotesPayable (100,000)TRTC_PaymentOnNotesPayable
Payments on notes payable to related parties (130,000)TRTC_PaymentsOnNotesPayableToRelatedParties (20,000)TRTC_PaymentsOnNotesPayableToRelatedParties
Proceeds from issuance of common stock and warrants and common stock subscribed 4,014,919us-gaap_ProceedsFromIssuanceOfCommonStock 1,574,542us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from issuance of common stock from the exercise of warrants 293,420us-gaap_ProceedsFromWarrantExercises   
Payments by subsidiaries for non-controlling interest (291,330)us-gaap_PaymentsOfDividendsMinorityInterest   
Short swing profit payment 67,100TRTC_ShortSwingProfitPayment   
Net cash provided by financing activities 11,022,872us-gaap_NetCashProvidedByUsedInFinancingActivities 3,875,518us-gaap_NetCashProvidedByUsedInFinancingActivities
NET CHANGE IN CASH AND CASH EQUIVALENTS 819,707us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 10,631us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of period 26,943us-gaap_CashAndCashEquivalentsAtCarryingValue 16,312us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of period 846,650us-gaap_CashAndCashEquivalentsAtCarryingValue 26,943us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITES    
Cash paid for interest 54,908us-gaap_InterestPaid 13,500us-gaap_InterestPaid
SUPPLEMENTAL DISCLOSURE FOR FINANCING ACTIVITIES    
Warrant expense $ 5,038,986TRTC_WarrantExpense $ 1,355,990TRTC_WarrantExpense