| Quarterly Financial Information |
| |
|
Year
Ended December 31, 2017
(Unaudited)
|
|
| |
|
First
Quarter
|
|
|
Second
Quarter
|
|
|
Third
Quarter
|
|
|
Fourth
Quarter
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total
Revenues |
|
$ |
6,824,456 |
|
|
$ |
7,842,873 |
|
|
$ |
10,121,375 |
|
|
$ |
11,012,140 |
|
| Gross
Profit |
|
$ |
359,063 |
|
|
$ |
1,506,373 |
|
|
$ |
2,334,938 |
|
|
$ |
1,276,699 |
|
| Loss
from Operations |
|
$ |
(6,027,237 |
) |
|
$ |
(4,522,914 |
) |
|
$ |
(3,903,172 |
) |
|
$ |
(5,426,695 |
) |
| Amortization
of Debt Discount |
|
$ |
(610,616 |
) |
|
$ |
(515,654 |
) |
|
$ |
(490,068 |
) |
|
$ |
(522,424 |
) |
| Impairment
of Property |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(138,037 |
) |
|
$ |
- |
|
| Impairment
of Intangible Assets |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(757,467 |
) |
| Loss
on Extinguishment of Debt |
|
$ |
(1,039,458 |
) |
|
$ |
(1,639,137 |
) |
|
$ |
(1,373,538 |
) |
|
$ |
(3,092,155 |
) |
| (Loss)
Gain on Fair Market Valuation of Derivatives |
|
$ |
1,610,750 |
|
|
$ |
987,200 |
|
|
$ |
(1,475,900 |
) |
|
$ |
(4,616,600 |
) |
| Interest
Expense |
|
$ |
(157,833 |
) |
|
$ |
(130,510 |
) |
|
$ |
(119,650 |
) |
|
$ |
(134,671 |
) |
| Gain
on Settlement of Contingent Consideration |
|
$ |
- |
|
|
$ |
4,991,571 |
|
|
$ |
- |
|
|
$ |
- |
|
| Loss
on Fair Market Valuation of Contingent Consideration |
|
$ |
(4,348,761 |
) |
|
$ |
(77,286 |
) |
|
$ |
- |
|
|
$ |
- |
|
| Net
Loss Attributable to Terra Tech Corp. |
|
$ |
(10,111,988 |
) |
|
$ |
(453,769 |
) |
|
$ |
(7,792,933 |
) |
|
$ |
(14,318,913 |
) |
| Net
Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders Basic and Diluted |
|
$ |
(0.27 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.16 |
) |
|
$ |
(0.24 |
) |
| Stock
Price Per Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| High |
|
$ |
5.10 |
|
|
$ |
4.35 |
|
|
$ |
4.35 |
|
|
$ |
5.85 |
|
| Low |
|
$ |
3.75 |
|
|
$ |
2.10 |
|
|
$ |
3.00 |
|
|
$ |
2.70 |
|
| |
|
Year
Ended December 31, 2016
(Unaudited)
|
|
| |
|
First
Quarter
|
|
|
Second
Quarter
|
|
|
Third
Quarter
|
|
|
Fourth
Quarter
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total
Revenues |
|
$ |
1,548,167 |
|
|
$ |
9,699,909 |
|
|
$ |
6,950,365 |
|
|
$ |
7,129,322 |
|
| Gross
Profit |
|
$ |
133,974 |
|
|
$ |
1,649,944 |
|
|
$ |
1,319,386 |
|
|
$ |
(530,621 |
) |
| Loss
from Operations |
|
$ |
(1,912,374 |
) |
|
$ |
(3,817,377 |
) |
|
$ |
(4,686,560 |
) |
|
$ |
(7,731,540 |
) |
| Amortization
of Debt Discount |
|
$ |
(94,406 |
) |
|
$ |
(218,126 |
) |
|
$ |
(610,089 |
) |
|
$ |
(491,581 |
) |
| Loss
on Extinguishment of Debt |
|
$ |
(920,797 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(4,462,016 |
) |
| Loss
from Derivatives Issued with Debt Greater Than Debt Carrying Value |
|
$ |
- |
|
|
$ |
(488,000 |
) |
|
$ |
(867,000 |
) |
|
$ |
(132,500 |
) |
| (Loss)
Gain on Fair Market Valuation of Derivatives |
|
$ |
(1,160,700 |
) |
|
$ |
(206,000 |
) |
|
$ |
771,000 |
|
|
$ |
(1,248,800 |
) |
| Interest
Expense |
|
$ |
(55,995 |
) |
|
$ |
(60,565 |
) |
|
$ |
(159,633 |
) |
|
$ |
(101,156 |
) |
| Gain
on Fair Market Valuation of Contingent Consideration |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
668,694 |
|
| Provision
(Benefit) for Income Taxes |
|
$ |
- |
|
|
$ |
381,000 |
|
|
$ |
410,300 |
|
|
$ |
(791,300 |
) |
| Net
Loss Attributable to Terra Tech Corp. |
|
$ |
(4,126,064 |
) |
|
$ |
(4,934,238 |
) |
|
$ |
(5,587,759 |
) |
|
$ |
(12,270,829 |
) |
| Net
Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders Basic and Diluted |
|
$ |
(0.19 |
) |
|
$ |
(0.21 |
) |
|
$ |
(0.24 |
) |
|
$ |
(0.35 |
) |
| Stock
Price Per Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| High |
|
$ |
6.30 |
|
|
$ |
11.25 |
|
|
$ |
7.65 |
|
|
$ |
8.40 |
|
| Low |
|
$ |
1.35 |
|
|
$ |
3.30 |
|
|
$ |
4.05 |
|
|
$ |
3.30 |
|
|