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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 5,859 $ 1,503
Restricted Cash 6,128  
Marketable Securities 1,830 1,888
Notes receivable from Jonway Auto dealers 1,457  
Accounts receivable 2,963 294
Inventories 11,118 1,822
Prepaid expenses and other current assets 1,984 266
Total current assets 31,339 5,773
Fixed Assets    
Property and equipment - net 46,953 173
Land use rights 10,075  
Other assets:    
Investment in non-consolidated joint venture 554 808
Distribution rights for Jonway Products and Better Worlds Products 13,439 15,599
Intangible assets, net 5,002 97
Goodwill 324  
Due from related party 1,137  
Advance to Jonway Group 11,616  
Deposit on Zhejiang Jonway Automobile   11,000
Deposits and other assets - net 1,049 62
Total other assets 33,121 27,566
Total assets 121,488 33,512
Current liabilities:    
Short term lines of credit 5,485 668
Accounts payable 15,164 328
Accrued liabilities 8,030 2,197
Short term loans 10,528  
Advances from customers 1,971  
Taxes payable 885  
Due to related party 2,122  
Other payables 2,116  
Total current liabilities 46,301 3,193
Long term liabilities:    
Accrued liability 592  
Derivative Liability   5,539
8% Senior convertible debt 19,000  
Total long term liabilities 19,592 5,539
Total liabilities 65,893 8,732
Commitments and contingencies      
ZAP Shareholders' Equity:    
Common stock;800 million shares authorized; no par value; 297,746,376 and 207,254,789 shares issued and outstanding at December 31, 2011 and 2010, respectively 225,378 179,691
Accumulated other comprehensive income (loss) 1,051 (112)
Accumulated deficit (195,596) (154,799)
Total ZAP shareholders' equity 30,833 24,780
Non-controlling interest 24,762  
Total equity 55,595 24,780
Total liabilities and equity $ 121,488 $ 33,512