DISCONTINUED OPERATIONS (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
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| Revenues | $ 3,308,000 | $ 4,478,000 | $ 7,621,000 | $ 6,522,000 |
| Gross profit | 1,392,000 | 2,301,000 | 3,730,000 | 3,900,000 |
| Selling, general and administrative expenses | 7,377,000 | 8,613,000 | 16,414,000 | 17,204,000 |
| (Gain) / Loss on sale of assets | (17,299,000) | (6,822,000) | (29,082,000) | (14,880,000) |
| Income (Loss) from operations | (30,849,000) | (20,431,000) | ||
| Income (Loss) from discontinued operations | $ (252,000) | $ (839,000) | $ (5,004,000) | $ (1,323,000) |
| Income (Loss) from discontinued operations per common share attributable to Terra Tech Corp common stockholders - basic and diluted | $ (0.10) | $ (0.10) | $ (0.20) | $ (0.22) |
| Discontinued Operations [Member] | ||||
| Revenues | $ 97,000 | $ 5,025,000 | $ 2,407,000 | $ 11,207,000 |
| Cost of goods sold | 164,000 | 2,621,000 | 1,951,000 | 6,189,000 |
| Gross profit | (67,000) | 2,404,000 | 456,000 | 5,018,000 |
| Selling, general and administrative expenses | 186,000 | 2,924,000 | 2,275,000 | 5,338,000 |
| (Gain) / Loss on sale of assets | 0 | 0 | 0 | 0 |
| Income (Loss) from operations | (253,000) | (520,000) | (1,819,000) | (320,000) |
| Other income (expense) | (408,000) | 36,000 | (3,197,000) | (387,000) |
| Income (Loss) from discontinued operations | $ (661,000) | $ (484,000) | $ (5,016,000) | $ (707,000) |
| Income (Loss) from discontinued operations per common share attributable to Terra Tech Corp common stockholders - basic and diluted | $ (0.00) | $ (0.01) | $ (0.01) | $ (0.00) |
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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