ZAAP Financials 07/16/2014 15:50:07 ZAP Period E
Post# of 5
ZAP
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 51,547 50,281 56,237 3,816
Cost of Revenue 50,595 48,656 51,777 3,387
Gross Profit 952 1,625 4,460 429
Operating Expenses
Research and Development 618 2,510 7,259 996
Sales, General and Admin. 16,083 21,511 25,474 13,529
Non-Recurring Items 2,640 2,560 - -
Other - - - -
Operating Income (18,389) (27,020) (28,273) (14,096)
Income From Continuing Operations
Add'l Income/Expense Items 951 (520) 1,846 (3,277)
Earnings Before Interest and Tax (18,337) (27,931) (26,755) (17,692)
Interest Expense 3,666 2,950 18,812 1,322
Earnings Before Tax (22,003) (30,881) (45,567) (19,014)
Income Tax (54) 282 (145) 4
Minority Interest (6,953) (9,338) (4,625) -
Equity Earnings Unconsolidated Subsidiary (899) (391) (328) (319)
Net Income Cont. Operations (15,895) (22,216) (41,125) (19,337)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (15,895) (22,216) (40,797) (19,337)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (14,996) (21,825) (40,797) (19,018)