Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 10,252,700 $ 9,749,572
Accounts Receivable, Net 419,282 747,792
Inventory 2,117,857 1,909,330
Prepaid Expenses 1,860,612 704,721
Total Current Assets 14,650,451 13,111,415
Property, Equipment and Leasehold Improvements, Net 10,525,431 10,464,764
Intangible Assets, Net 23,197,573 23,627,098
Goodwill 28,921,260 28,921,260
Other Assets 282,987 54,193
TOTAL ASSETS 77,577,702 76,178,730
Current Liabilities:    
Accounts Payable and Accrued Expenses 3,692,329 2,417,400
Derivative Liability 4,848,600 6,987,000
Short-Term Debt 505,000 564,324
Income Taxes Payable 615,830 615,830
Contingent Consideration 16,434,620 12,085,859
Total Current Liabilities 26,096,379 22,670,413
Long-Term Liabilities:    
Long-Term Debt 1,706,378 1,354,352
Total Long-Term Liabilities 1,706,378 1,354,352
Total Liabilities 27,802,757 24,024,765
COMMITMENTS AND CONTINGENCIES  
STOCKHOLDERS' EQUITY:    
Common Stock, Par Value $0.001: 990,000,000 Shares Authorized as of March 31, 2017 and December 31, 2016; 577,022,942 Shares Issued and Outstanding as of March 31,2017; 553,863,812 Shares Issued and Outstanding as of December 31, 2016 577,023 553,864
Additional Paid-In Capital 133,004,724 124,915,182
Accumulated Deficit (82,982,987) (72,870,999)
Total Terra Tech Corp. Stockholders' Equity 50,636,186 52,634,873
Non-Controlling Interest (861,241) (480,908)
Total Stockholders' Equity 49,774,945 52,153,965
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 77,577,702 76,178,730
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value $ 37,426 $ 36,826