Zap (ZAPZ) Financial Statements (2024 and earlier)
Company Profile
Business Address |
501 FOURTH STREET SANTA ROSA, CA 95401 |
State of Incorp. | CA |
Fiscal Year End | December 31 |
Industry (SIC) | 3751 - Motorcycles, Bicycles, and Parts (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | |||||||
Current Assets | |||||||
Cash, cash equivalents, and short-term investments | 60 | 238 | 2,629 | 1,656 | |||
Cash and cash equivalents | 60 | 238 | 2,629 | 1,656 | |||
Restricted cash and investments | 8,988 | 10,673 | |||||
Receivables | 5,915 | 2,805 | 5,536 | 6,683 | |||
Inventory, net of allowances, customer advances and progress billings | 7,743 | 8,380 | 8,034 | 11,152 | |||
Inventory | 7,743 | 8,380 | 8,034 | 11,152 | |||
Prepaid expense | 147 | 110 | ✕ | ||||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 502 | ||
Other undisclosed current assets | 574 | 377 | 11,765 | 12,441 | |||
Total current assets: | 23,427 | 22,583 | 27,964 | 32,434 | |||
Noncurrent Assets | |||||||
Property, plant and equipment | 42,595 | 48,004 | 53,357 | ||||
Long-term investments and receivables | 1,614 | 2,791 | 6,061 | 3,991 | |||
Due from related parties | 1,614 | 2,791 | 6,061 | 3,093 | |||
Long-term investments | 898 | ||||||
Intangible assets, net (including goodwill) | 2,827 | 3,527 | 4,614 | 4,895 | |||
Goodwill | 314 | 332 | 334 | 324 | |||
Intangible assets, net (excluding goodwill) | 2,513 | 3,195 | 4,280 | 4,571 | |||
Other undisclosed noncurrent assets | 6,959 | (32,806) | (37,622) | (41,837) | |||
Total noncurrent assets: | 11,400 | 16,107 | 21,057 | 20,406 | |||
Other undisclosed assets | 44,823 | 52,306 | 58,012 | 63,124 | |||
TOTAL ASSETS: | 79,650 | 90,996 | 107,033 | 115,964 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts payable and accrued liabilities | 27,124 | 26,503 | 33,226 | 31,785 | |||
Taxes payable | 1,638 | 1,266 | 1,704 | 850 | |||
Accounts payable | 21,486 | 21,389 | 23,648 | 22,386 | |||
Accrued liabilities | 4,000 | 3,848 | 7,874 | 8,549 | |||
Debt | 7,702 | 9,849 | 14,961 | 8,754 | |||
Due to related parties | 13,978 | 7,121 | 2,409 | 1,159 | |||
Customer advances and deposits | 7,391 | 7,139 | ✕ | ✕ | |||
Other liabilities | 2,256 | 3,094 | 3,574 | 3,102 | |||
Other undisclosed current liabilities | 35,831 | 38,426 | 42,760 | 41,988 | |||
Total current liabilities: | 94,282 | 92,132 | 96,930 | 86,788 | |||
Noncurrent Liabilities | |||||||
Liabilities, other than long-term debt, including: | 152 | 745 | 752 | ||||
Accounts payable and accrued liabilities | 123 | 188 | |||||
Other undisclosed liabilities, other than long-term debt | 29 | 557 | 752 | ||||
Other undisclosed noncurrent liabilities | 229 | ||||||
Total noncurrent liabilities: | 152 | 745 | 752 | 229 | |||
Total liabilities: | 94,434 | 92,877 | 97,682 | 87,017 | |||
Equity | |||||||
Equity, attributable to parent | (11,096) | (3,977) | 415 | 13,554 | |||
Common stock | 251,689 | 244,368 | 231,125 | 229,785 | |||
Accumulated other comprehensive income | 1,359 | 1,655 | 1,707 | 1,190 | |||
Accumulated deficit | (264,144) | (250,000) | (232,417) | (217,421) | |||
Equity, attributable to noncontrolling interest | (3,688) | 2,096 | 8,936 | 15,393 | |||
Total equity: | (14,784) | (1,881) | 9,351 | 28,947 | |||
TOTAL LIABILITIES AND EQUITY: | 79,650 | 90,996 | 107,033 | 115,964 |
Income Statement (P&L) ($ in thousands)
12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Revenues (Revenue, Net) | 29,460 | 28,689 | 51,547 | 50,281 | ||
Cost of revenue (Cost of Goods and Services Sold) | (30,722) | (31,533) | (50,204) | (49,404) | ||
Other undisclosed gross profit | (170) | (391) | 748 | |||
Gross profit: | (1,262) | (3,014) | 952 | 1,625 | ||
Operating expenses | (16,659) | (31,939) | (35,942) | (50,433) | ||
Other undisclosed operating income | 13,016 | 16,601 | 21,788 | |||
Operating loss: | (17,921) | (21,937) | (18,389) | (27,020) | ||
Nonoperating expense | (2,134) | (2,135) | (3,614) | (3,861) | ||
Investment income, nonoperating | (871) | |||||
Debt instrument, convertible, beneficial conversion feature | 728 | |||||
Other nonoperating income | 330 | 1,888 | 951 | 351 | ||
Interest and debt expense | (2,464) | (4,023) | (3,666) | (2,950) | ||
Loss from continuing operations before equity method investments, income taxes: | (22,519) | (28,095) | (25,669) | (33,831) | ||
Loss from equity method investments | (899) | (391) | ||||
Other undisclosed income from continuing operations before income taxes | 2,464 | 4,023 | 4,565 | 3,341 | ||
Loss from continuing operations before income taxes: | (20,055) | (24,072) | (22,003) | (30,881) | ||
Income tax expense (benefit) | (301) | 54 | (282) | |||
Loss from continuing operations: | (20,055) | (24,373) | (21,949) | (31,163) | ||
Loss before gain (loss) on sale of properties: | (20,055) | (24,373) | (21,949) | (31,163) | ||
Net loss: | (20,055) | (24,373) | (21,949) | (31,163) | ||
Net income attributable to noncontrolling interest | 5,911 | 6,790 | 6,953 | 9,338 | ||
Net loss available to common stockholders, diluted: | (14,144) | (17,583) | (14,996) | (21,825) |
Comprehensive Income ($ in thousands)
12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Net loss: | (20,055) | (24,373) | (21,949) | (31,163) | ||
Other comprehensive loss | (61) | |||||
Other undisclosed comprehensive income (loss) | (169) | (102) | 1,013 | |||
Comprehensive loss: | (20,224) | (24,475) | (20,936) | (31,224) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 5,784 | 6,840 | (6,457) | (9,370) | ||
Other undisclosed comprehensive income, net of tax, attributable to parent | 12,914 | 18,740 | ||||
Comprehensive loss, net of tax, attributable to parent: | (14,440) | (17,635) | (14,479) | (21,854) |
Statements Sources
The financial statements are based on the Company's filings with 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.