Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Consolidated Statements Of Operations      
Total Revenues $ 35,800,844 $ 25,327,763 $ 9,975,346
Cost of Goods Sold 30,323,771 22,755,080 8,958,475
Gross Profit 5,477,073 2,572,683 1,016,871
Selling, General and Administrative Expenses 25,357,091 20,720,534 9,833,646
Loss from Operations (19,880,018) (18,147,851) (8,816,775)
Other Income (Expense):      
Amortization of Debt Discount (2,138,762) (1,414,202) (696,180)
Impairment of Property (138,037)
Impairment of Intangible Assets (757,467)
Loss on Extinguishment of Debt (7,144,288) (5,382,813) (619,444)
Loss from Derivatives Issued with Debt Greater than Debt Carrying Value (1,487,500) (561,000)
Gain (Loss) on Fair Market Valuation of Derivatives (3,494,550) (1,844,500) 1,800,100
Interest Expense, Net (542,664) (377,349) (469,576)
Gain on Settlement of Contingent Consideration 4,991,571
Gain (Loss) on Fair Market Valuation of Contingent Consideration (4,426,047) 668,694
Total Other Income (Expense) (13,650,244) (9,837,670) (546,100)
Loss Before Provision for Income Taxes (33,530,262) (27,985,521) (9,362,875)
Provision for Income Tax Benefit (Expense) 347,455 (44,000)
Net Loss (33,182,807) (27,985,521) (9,406,875)
Net Loss Attributable to Non-Controlling Interest 505,204 1,066,631 181,295
NET LOSS ATTRIBUTABLE TO TERRA TECH CORP. $ (32,677,603) $ (26,918,890) $ (9,225,580)
Net Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders' Basic and Diluted $ (0.71) $ (1.04) $ (0.58)
Weighted-Average Number of Common Shares Outstanding - Basic and Diluted 46,072,846 25,957,307 16,012,987