ECOTALITY, INC.

CIK:0001301206|SEC Filings

Note 6 - Accumulated Other Comprehensive Loss (Detail) - Changes in accumulated other comprehensive loss (USD $)
In Thousands, unless otherwise specified

3 Months Ended

Mar. 31, 2013

Foreign Currency Translation [Member]

Beginning balance

$ (99)

^[1]

Other comprehensive loss before reclassifications

(9)

^[1]

Amounts reclassified from accumulated other comprehensive loss

^[1]

Net current-period other comprehensive loss

(9)

^[1]

Ending balance

(108)

^[1]

Total [Member]

Beginning balance

(99)

^[1]

Other comprehensive loss before reclassifications

(9)

^[1]

Amounts reclassified from accumulated other comprehensive loss

^[1]

Net current-period other comprehensive loss

(9)

^[1]

Ending balance

$ (108)

^[1]

[1]	Amounts in parentheses indicate debits.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Mar. 31, 2013	Mar. 31, 2012
Cash Flows from Operating Activities:
Net income (loss)	$ (588,000)	$ 1,249,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Share-based compensation	148,000	155,000
Fair value of common stock issued for professional services	13,000
Depreciation and amortization	4,918,000	3,028,000
Amortization of discount on notes payable	7,000
Amortization of debt issuance costs	4,000
Change in restricted cash		87,000
Gain on disposal of property and equipment	(16,000)
Gain on settlement of capital lease termination		(147,000)
Changes in operating assets and liabilities:
Accounts receivable	(1,694,000)	(2,008,000)
Inventory	(152,000)	(8,624,000)
Prepaid expenses and other current assets	106,000	(389,000)
Accounts payable	28,000	(4,975,000)
Unearned revenue	(4,989,000)	3,169,000
Warranty reserves	3,000	(65,000)
Accrued liabilities	2,421,000	359,000
Net cash provided by (used in) operating activities	209,000	(8,161,000)
Cash Flows from Investing Activities:
Purchases of property and equipment	(3,187,000)	(2,225,000)
Proceeds from sale of property and equipment	26,000
Purchases of intangibles	(31,000)	(110,000)
Net cash used in investing activities	(3,192,000)	(2,335,000)
Cash Flows from Financing Activities:
Proceeds on settlement agreement and release of capital lease		57,000
Payments on long term debt and capital lease obligations	(28,000)	(100,000)
Proceeds from borrowing on notes payable		5,000,000
Net cash provided by (used in) financing activities	(28,000)	4,957,000
Effect of exchange rate changes on cash and cash equivalents	(9,000)	(4,000)
Net decrease in cash and cash equivalents	(3,020,000)	(5,543,000)
Cash and cash equivalents – beginning of period	6,414,000	9,591,000
Cash and cash equivalents – end of period	3,394,000	4,048,000
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	70,000	84,000
Assets disposed of during the settlement agreement and release of capital lease		1,579,000
Inventory transferred to property and equipment	$ 3,167,000	$ 1,359,000

CONDENSED CONSOLIDATED BALANCE SHEETS (March 31, 2013 Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
CURRENT ASSETS:
Cash and cash equivalents	$ 3,394	$ 6,414
Restricted cash	200	200
Receivables, net of allowance for bad debts of $93 and $96 as of March 31, 2013 and December 31, 2012, respectively	2,670	966
Receivables, other	1,197	1,207
Inventory	17,951	20,966
Prepaid expenses and other current assets	1,128	1,235
Total current assets	26,540	30,988
Property and equipment, net	23,233	21,790
Other assets	33	37
Intangible assets, net	985	971
TOTAL ASSETS	50,791	53,786
CURRENT LIABILITIES:
Accounts payable	2,687	2,659
Accrued payroll	1,246	1,128
Unearned revenue, current portion	18,732	23,812
Warranty reserves	580	578
Current portion of capital lease obligations	117	116
Accrued liabilities, other	8,362	6,057
Total current liabilities	31,724	34,350
Long term portion of unearned revenue	721	631
Convertible note, less unamortized discount of $55 and $62 as of March 31, 2013 and December 31, 2012, respectively	4,945	4,938
Capital lease obligations	71	101
Other long term debt	188	188
TOTAL LIABILITIES	37,649	40,208
Stockholders’ equity:
Series A convertible preferred stock, $0.001 par value, 200,000 shares authorized, 6,330 shares issued and outstanding as of March 31, 2013 and December 31, 2012	6	6
Common stock, $0.001 par value, 1,300,000 shares authorized, 23,830 and 23,754 shares issued and outstanding as of March 31, 2013 and December 31, 2012, respectively	24	24
Additional paid-in capital	128,148	127,987
Accumulated deficit	(114,928)	(114,340)
Accumulated other comprehensive loss	(108)	(99)
TOTAL STOCKHOLDERS' EQUITY	13,142	13,578
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 50,791	$ 53,786