Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Condensed Consolidated Statements Of Operations      
Total Revenues $ 25,327,763 $ 9,975,346 $ 7,094,270
Cost of Goods Sold 22,755,080 8,958,475 6,941,278
Gross Profit 2,572,683 1,016,871 152,992
Selling, General and Administrative Expenses 20,720,535 9,833,646 18,341,247
Loss from Operations (18,147,851) (8,816,775) (18,188,255)
Other (Expense) Income:      
Amortization of Debt Discount (1,414,202) (696,180)
Loss on Extinguishment of Debt (5,382,813) (619,444)
Loss from Derivatives Issued With Debt Greater Than Debt Carrying Value (1,487,500) (561,000) (4,808,000)
Gain (Loss) on Fair Market Valuation of Derivatives (1,844,500) 1,800,100 1,912,037
Interest Expense (377,349) (469,576) (1,096,324)
Gain on Fair Market Valuation of Contingent Consideration 668,694  
Total Other (Expense) Income (9,837,670) (546,100) (3,992,287)
Loss Before Provision for Income Taxes (27,985,521) (9,362,875) (22,180,542)
Provision for Income Taxes 44,000
Net Loss (27,985,521) (9,406,875) (22,180,542)
Net Loss Attributable to Non-Controlling Interests 1,066,631 181,295 291,330
NET LOSS ATTRIBUTABLE TO TERRA TECH CORP. $ (26,918,890) $ (9,225,580) $ (21,889,212)
Net Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders - Basic and Diluted $ (0.07) $ (0.04) $ (0.13)
Weighted-Average Number of Common Shares Outstanding - Basic and Diluted 389,359,598 240,194,811 174,297,430