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

Annual report pursuant to Section 13 and 15(d)

F. PROPERTY AND EQUIPMENT

F. PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

The Company’s property and equipment as of December 31, 2013 and 2012 consists of the following:

	2013			2012
Telecommunications and related equipment	$	–		$	117,637
Development test equipment		45,752			113,787
Computer software		55,677			189,033
Leasehold improvements		2,675			2,675
Office equipment		20,706			351,302
Office fixtures and furniture		36,515			237,811
Total		161,325			1,012,245
Accumulated depreciation		(116,687	)		(976,347	)
Total property and equipment	$	44,638		$	35,898

Depreciation expense included as a charge to income was $16,837 and $19,150 for the years ended December 31, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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