Telkonet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

M. BUSINESS CONCENTRATION

M. BUSINESS CONCENTRATION	3 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]
BUSINESS CONCENTRATION	NOTE M – BUSINESS CONCENTRATION For the three months ended March 31, 2020, there were two customers represented approximately 23% of total net revenues. For the three months ended March 31, 2019, two customers represented approximately 31% of total net revenues. As of March 31, 2020, two customers accounted for approximately 29% of the Company’s net accounts receivable. As of December 31, 2019, two customers represented 36% of the Company’s net accounts receivable. Purchases from one supplier approximated $385,000, or 84%, of total purchases for the three months ended March 31, 2020 and approximately $775,000, or 76%, of total purchases for the three months ended March 31, 2019. The amount due to this supplier, net of deposits paid, was approximately $71,000 and $579,000 as of March 30, 2020 and December 31, 2019, respectively.

M. BUSINESS CONCENTRATION

3 Months Ended

Mar. 31, 2020

NOTE M – BUSINESS CONCENTRATION

For the three months ended March 31, 2020, there were two customers represented approximately 23% of total net revenues. For the three months ended March 31, 2019, two customers represented approximately 31% of total net revenues.

As of March 31, 2020, two customers accounted for approximately 29% of the Company’s net accounts receivable. As of December 31, 2019, two customers represented 36% of the Company’s net accounts receivable.

Purchases from one supplier approximated $385,000, or 84%, of total purchases for the three months ended March 31, 2020 and approximately $775,000, or 76%, of total purchases for the three months ended March 31, 2019. The amount due to this supplier, net of deposits paid, was approximately $71,000 and $579,000 as of March 30, 2020 and December 31, 2019, respectively.