CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
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| Consolidated Statements Of Operations | ||||
| Total Revenues | $ 8,718,177 | $ 7,842,873 | $ 17,333,543 | $ 14,667,329 |
| Cost of Goods Sold | 6,509,754 | 6,336,500 | 13,477,680 | 12,801,893 |
| Gross Profit | 2,208,423 | 1,506,373 | 3,855,863 | 1,865,436 |
| Selling, General and Administrative Expenses | 8,002,370 | 6,029,287 | 16,424,918 | 12,415,587 |
| Loss from Operations | (5,793,947) | (4,522,914) | (12,569,055) | (10,550,151) |
| Other Income (Expense): | ||||
| Amortization of Debt Discount | (417,363) | (515,654) | (885,680) | (1,126,270) |
| Loss on Extinguishment of Debt | (3,127,477) | (1,639,137) | (7,858,723) | (2,678,595) |
| Gain (Loss) on Fair Market Valuation of Derivatives | (1,653,000) | 987,200 | 628,000 | 2,597,950 |
| Interest Expense, Net | (331,379) | (130,510) | (591,000) | (288,343) |
| Loss on Fair Market Valuation of Contingent Consideration | (77,286) | (4,426,047) | ||
| Gain on Settlement of Contingent Consideration | 4,991,571 | 4,991,571 | ||
| Total Other Income (Expense) | (5,529,219) | 3,616,184 | (8,707,403) | (929,734) |
| Net Loss | (11,323,166) | (906,730) | (21,276,458) | (11,479,885) |
| Net Income (Loss) Attributable to Non-Controlling Interest | 104,837 | (452,961) | 183,465 | (914,128) |
| NET LOSS ATTRIBUTABLE TO TERRA TECH CORP. | $ (11,428,003) | $ (453,769) | $ (21,459,923) | $ (10,565,757) |
| Net Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders – Basic and Diluted | $ (0.17) | $ (0.01) | $ (0.32) | $ (0.28) |
| Weighted-Average Number of Common Shares Outstanding – Basic and Diluted | 68,734,997 | 38,873,092 | 66,734,450 | 38,349,946 |
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of gain (loss) from the increase (decrease) in fair value of foreign currency derivatives and nonderivative instruments designated as fair value hedging instruments which were recognized in earnings, net of offsets by the gain (loss) on the hedged item to the extent that the fair value hedge was determined to be effective. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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