Telkonet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

N. BUSINESS CONCENTRATION

N. BUSINESS CONCENTRATION	12 Months Ended
Dec. 31, 2016
Risks and Uncertainties [Abstract]
BUSINESS CONCENTRATION	For the years ended December 31, 2016 and 2015, no single customer represented 10% or more of the Company’s total net revenues from continuing operations. As of December 31, 2016, two customers accounted for 24% of the Company’s net accounts receivable from continuing operations. As of December 31, 2015, two customers accounted for accounted for 20% of the Company’s net accounts receivable from continuing operations. Purchases from one supplier approximated $2,235,000, or 62%, of total purchases for the year ended December 31, 2016 and approximately $2,117,000, or 70%, of total purchases for the year ended December 31, 2015 from continuing operations. Total due to this supplier, net of deposits, was $45,037 and $437,520 as of December 31, 2016 and 2015, respectively.

N. BUSINESS CONCENTRATION

12 Months Ended

Dec. 31, 2016

For the years ended December 31, 2016 and 2015, no single customer represented 10% or more of the Company’s total net revenues from continuing operations.

As of December 31, 2016, two customers accounted for 24% of the Company’s net accounts receivable from continuing operations. As of December 31, 2015, two customers accounted for accounted for 20% of the Company’s net accounts receivable from continuing operations.

Purchases from one supplier approximated $2,235,000, or 62%, of total purchases for the year ended December 31, 2016 and approximately $2,117,000, or 70%, of total purchases for the year ended December 31, 2015 from continuing operations. Total due to this supplier, net of deposits, was $45,037 and $437,520 as of December 31, 2016 and 2015, respectively.