SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2014

The performance of each segment is measured based on its profit or loss from operations before income taxes. Segment results are summarized as follows (in thousands):

							Voltage		Advanced
	Jonway						Vehicles		Technology		ZAP Hong
	Auto			ZAP			Car outlet		Vehicles		Kong		Total

For the three months ended March 31, 2014:
Net sales	$	6,733		$	88		$	-	$	-	$	-	$	6,821
Gross profit (loss)	$	(994	)	$	23		$	-	$	-	$	-	$	(971	)
Depreciation and amortization	$	1,423		$	656		$	-	$	-	$	-	$	2,079
Net profit (loss)	$	(3,334	)	$	(1,677	)	$	-	$	-	$	-	$	(5,011	)
Total assets	$	77,722		$	19,464		$	-	$	-	$	138	$	97,324


For the three months ended March 31, 2013

Net sales	$	14,235		$	123		$	-	$	7	$	-	$	14,365
Gross profit (loss)	$	649		$	50		$	-	$	51	$	-	$	750
Depreciation and amortization	$	947		$	657		$	-	$	1	$	-	$	1,605
Net loss	$	(2,358	)	$	(1,605	)	$	-	$	48	$	-	$	(3,915	)
Total assets	$	94,227		$	22,884		$	179	$	377	$	-	$	117,667

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details