XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 509 $ 2,629
Restricted Cash 11,751 10,758
Notes receivable    185
Accounts receivable 5,105 5,351
Inventories, net 9,965 8,034
Prepaid expenses and other current assets 786 1,007
Total current assets 28,116 27,964
Property, plant and equipment, net 45,255 48,004
Land use rights, net 9,818 10,008
Other assets:    
Distribution fees, net 15,088 9,839
Intangible assets, net 4,035 4,280
Goodwill 332 334
Due from related party 3,777 6,061
Deposits and other assets 562 543
Total other assets 23,794 21,057
Total assets 106,983 107,033
Current liabilities:    
Short term loans 14,684 14,961
Convertible Bond 855 1,153
Senior convertible debt 20,679 20,679
Accounts payable 21,437 23,648
Accrued liabilities 6,627 7,874
Notes payable 16,134 15,695
Advances from customers 5,488 5,233
Taxes payable 845 1,704
Due to related party 5,797 2,409
Other payables 3,154 3,574
Total current liabilities 95,700 96,930
Long term liabilities:    
Accrued liabilities and others 860 752
Total liabilities 96,560 97,682
Commitments and contingencies      
ZAP Shareholders' Equity    
Common stock, no par value; 800 million shares authorized; 395,810,821 and 302,518,002 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 241,195 231,125
Accumulated other comprehensive income 1,647 1,707
Accumulated deficit (238,562) (232,417)
Total ZAP shareholders' equity 4,280 415
Non-controlling interest 6,143 8,936
Total equity 10,423 9,351
Total liabilities and equity $ 106,983 $ 107,033