Document_and_Entity_Informatio
Document and Entity Information Document | 9 Months Ended | |
Sep. 30, 2014 | Oct. 13, 2014 | |
Document Information [Line Items] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Trading Symbol | 'ZPCM | ' |
Entity Registrant Name | 'ZAP COM CORP | ' |
Entity Central Index Key | '0001083243 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Non-accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 50,004,474 |
Statement_of_Financial_Positio
Statement of Financial Position (USD $) | 9 Months Ended | |
Sep. 30, 2014 | Dec. 31, 2013 | |
Document Period End Date | 30-Sep-14 | ' |
Cash and cash equivalents | $760,294 | $825,291 |
Total assets | 760,294 | 825,291 |
Due to Affiliate | 20,100 | 4,750 |
Total liabilities | 20,100 | 4,750 |
Commitments and contingencies | ' | ' |
Common stock | 50,004 | 50,004 |
Additional paid in capital | 11,076,904 | 11,045,983 |
Accumulated deficit | -10,386,714 | -10,275,446 |
Total stockholders’ equity | 740,194 | 820,541 |
Total liabilities and stockholders’ equity | $760,294 | $825,291 |
Statement_of_Income
Statement of Income (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Revenues | $0 | $0 | $0 | $0 |
Cost of revenues | 0 | 0 | 0 | 0 |
Gross profit | 0 | 0 | 0 | 0 |
General and administrative | 27,136 | 23,095 | 111,268 | 137,610 |
Total operating expenses | 27,136 | 23,095 | 111,268 | 137,610 |
Loss before income taxes | -27,136 | -23,095 | -111,268 | -137,610 |
Benefit from income taxes | 0 | 0 | 0 | 0 |
Net loss | ($27,136) | ($23,095) | ($111,268) | ($137,610) |
Basic | $0 | $0 | $0 | $0 |
Diluted | $0 | $0 | $0 | $0 |
Weighted average common shares outstanding | 50,004,474 | 50,004,474 | 50,004,474 | 50,004,474 |
Statement_of_Cash_Flows
Statement of Cash Flows (USD $) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Statement of Cash Flows [Abstract] | ' | ' |
Net loss | ($111,268) | ($137,610) |
Contributed capital from Harbinger Group Inc. for unreimbursed management services | 30,921 | 27,905 |
Accrued liabilities | 15,350 | -15,729 |
Net cash used in operating activities | -64,997 | -125,434 |
Net decrease in cash and cash equivalents | -64,997 | -125,434 |
Cash and cash equivalents at beginning of period | $825,291 | $972,510 |
Note_1_Basis_of_Presentation
Note 1. Basis of Presentation | 9 Months Ended |
Sep. 30, 2014 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Business Description and Basis of Presentation [Text Block] | ' |
Basis of Presentation | |
The unaudited condensed financial statements included herein have been prepared by Zap.Com Corporation (“Zap.Com” or the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of such information. All such adjustments are of a normal recurring nature. Although the Company believes that the disclosures are adequate to make the information presented not misleading, certain information and footnote disclosures, including a description of significant accounting policies normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), have been condensed or omitted pursuant to such rules and regulations. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by US GAAP. These interim financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 filed with the SEC on March 31, 2014. The results of operations for the three and nine months ended September 30, 2014 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending December 31, 2014. |
Note_2_Related_Party_Transacti
Note 2. Related Party Transactions | 9 Months Ended |
Sep. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
Related Party Transactions | |
Since its inception, the Company has utilized the services of the management and staff of Harbinger Group Inc. (the Company’s “Principal Stockholder”), under a shared services agreement that allocated these costs on a percentage of time basis. The Company also shares office space with its Principal Stockholder under such agreement. Through September 30, 2014, the Principal Stockholder has waived its rights under the shared services agreement to be reimbursed for these costs. The Company recorded approximately $9,897 and $9,516 as contributed capital for such services for the three months ended September 30, 2014 and 2013, respectively and approximately $30,921 and $27,905 for the nine months ended September 30, 2014 and 2013, respectively. The Company believes these allocations were made on a reasonable basis; however, they do not necessarily represent the costs that would have been incurred by the Company on a stand-alone basis. | |
During the year, the Company’s Principal Stockholder paid certain filing related expenses on behalf of the company. The payable to affiliate for such expenses at September 30, 2014 and December 31, 2013 was $20,100 and $4,750, respectively. |
Note_2_Related_Party_Transacti1
Note 2. Related Party Transactions (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 | |
Related Party Transactions [Abstract] | ' | ' | ' | ' | ' |
Due to Affiliate | $20,100 | ' | $20,100 | ' | $4,750 |
Contributed capital from Harbinger Group Inc. for unreimbursed management services | $9,897 | $9,516 | $30,921 | $27,905 | ' |