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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 1,451$ 1,503
Restricted cash3,366 
Accounts receivable, net of allowance of $17 in 2011 and $27 in 20104,108294
Due from related party-Jonway3,247 
Marketable securities1,4261,888
Notes receivable from Jonway dealers1,477 
Inventories, net of reserve of $877 in 2011 and $619 in 201010,2941,822
Prepaid expenses and other current assets2,591266
Total current assets27,9605,773
Property and equipment, net46,172173
Other assets:  
Investment in non-consolidated joint venture601808
Distribution fees for Jonway and Better World products net of amortization of $2.6 million in 2011 and $961 in 201013,97915,599
Intangible assets, net of amortization of $905 in 2011 and $197 in 201017,44997
Goodwill6,637 
Deposit on Zhejiang Jonway Auto 11,000
Deposits and other asset, net7762
Total assets112,87533,512
Current liabilities:  
8 % Senior Convertible debt, net of discount12,523 
Short term debt and notes9,473668
Accounts payable13,881328
Accrued liabilities10,1412,197
Advances from customers1,233 
Other payables473 
Due to related party2,138 
Taxes payable927 
Total current liabilities50,7893,193
Long term liabilities:  
Derivative liability 5,539
Warranty Liability279 
Total long term liabilities2795,539
Total liabilities51,0688,732
Commitments and contingencies  
Equity:  
Common stock, 800 million shares authorized; no par value; 223,972,210 and 207,254,789 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively216,821179,691
Accumulated other comprehensive income (loss)1,742(112)
Notes receivable - Shareholders(331) 
Accumulated deficit(184,240)(154,799)
Total ZAP shareholders' equity33,99224,780
Non controlling interest27,815 
Total equity61,80724,780
Total liabilities and equity$ 112,875$ 33,512