Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 418,082 $ 846,650
Accounts receivable, net 741,844 417,463
Prepaid expenses 147,230 82,200
Inventory 949,448 670,180
Total Current Assets 2,256,604 2,016,493
Property, equipment and leasehold improvements, net 6,694,975 5,446,743
Intangible assets, net 118,932 161,412
Deposits 94,528 94,578
Total Assets 9,165,039 7,719,226
Current Liabilities    
Accounts payable and accrued expenses 1,119,459 573,721
Derivative liability 743,400 1,253,000
Short-term debt 917,363 4,615,547
Total Current Liabilities 2,780,222 $ 6,442,268
Long Term Liabilities    
Deferred tax liability, net 44,000
Total Long Term Liabilities $ 44,000
Commitment and Contingencies
Stockholders' Equity    
Common stock, Par value $0.001; authorized 350,000,000 shares; issued 303,023,744 and 197,532,892 shares as of December 31, 2015 and 2014, respectively $ 303,024 $ 197,533
Additional Paid in Capital 51,843,071 38,081,784
Accumulated Deficit (45,952,109) (36,726,529)
Total Terra Tech Corp. stockholders' equity 6,210,286 1,568,288
Non-controlling interest 130,531 (291,330)
Total Stockholders' Equity 6,340,817 1,276,958
Total Liabilities and Stockholders' Equity $ 9,165,039 $ 7,719,226
Convertible Series A Preferred Stock    
Stockholders' Equity    
Preferred stock, value
Convertible Series B Preferred Stock    
Stockholders' Equity    
Preferred stock, value $ 16,300 $ 15,500