Terra Tech Corp (TRTC) financial statements (2021 and earlier)

Company profile

Business Address 2040 MAIN STREET
IRVINE, CA 92614
State of Incorp. NV
Fiscal Year End December 31
SIC 351 - Engines And Turbines (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17510
Cash and cash equivalents17510
Receivables1(1)5 
Inventory, net of allowances, customer advances and progress billings5262
Inventory5262
Prepaid expense   1
Disposal group, including discontinued operation1   
Assets held-for-sale, not part of disposal group 8  
Deposits current assets   0
Intangible current assets15   
Other undisclosed current assets(14)321
Total current assets:9191813
Noncurrent Assets
Property, plant and equipment40341910
Intangible assets, net (including goodwill), including:43182824
Goodwill28352929
Intangible assets, net (excluding goodwill)15182229
Other undisclosed intangible assets, net (including goodwill) (35)(24)(34)
Other noncurrent assets 14 
Other undisclosed noncurrent assets27482929
Total noncurrent assets:1101018063
TOTAL ASSETS:1191209876
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:12452
Accrued liabilities43  
Employee-related liabilities1   
Taxes payable   1
Other undisclosed accounts payable and accrued liabilities7252
Debt11  1
Derivative instruments and hedges, liabilities  97
Disposal group, including discontinued operation5   
Business combination, contingent consideration, liability   12
Other undisclosed current liabilities 3 1
Total current liabilities:2871523
Noncurrent Liabilities
Long-term debt and lease obligation161871
Long-term debt, excluding current maturities71871
Finance lease, liability10
Total noncurrent liabilities:161871
Total liabilities:44252124
Stockholders' equity
Stockholders' equity attributable to parent, including:75957752
Common stock0001
Treasury stock, value1   
Additional paid in capital261235181125
Accumulated deficit(190)(141)(106)(73)
Other undisclosed stockholders' equity attributable to parent411(0)
Other undisclosed stockholders' equity(5)(1)(1)0
Total stockholders' equity:70947653
Other undisclosed liabilities and equity511(0)
TOTAL LIABILITIES AND EQUITY:1191209876

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues28313625
Revenue, net 25
Gain (loss) on disposition of assets for financial service operations(1)5
Cost of revenue(13)(19)(30)(23)
Cost of goods and services sold (19)(30)(23)
Gross profit:151253
Operating expenses(56)(43)(25)(21)
Other undisclosed operating income2  0
Operating loss:(39)(31)(20)(18)
Nonoperating expense(9)(9)(14)(10)
Debt instrument, convertible, beneficial conversion feature6   
Interest and debt expense9(12)(7)(5)
Loss from continuing operations before equity method investments, income taxes:(39)(52)(41)(33)
Other undisclosed income (loss) from continuing operations before income taxes(9)1275
Loss from continuing operations before income taxes:(48)(39)(34)(28)
Income tax benefit  0 
Other undisclosed income from continuing operations47   
Loss from continuing operations:(1)(39)(33)(28)
Income from discontinued operations1   
Loss before gain (loss) on sale of properties:(0)(39)(33)(28)
Other undisclosed net loss(47)   
Net loss:(47)(39)(33)(28)
Net income (loss) attributable to noncontrolling interest (0)11
Other undisclosed net income (loss) attributable to parent(0)0  
Net loss available to common stockholders, diluted:(47)(40)(33)(27)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss:(47)(39)(33)(28)
Other comprehensive income0   
Comprehensive loss:(47)(39)(33)(28)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (0)11
Comprehensive loss, net of tax, attributable to parent:(47)(40)(33)(27)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: