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

C. INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2013

Total identifiable intangible assets acquired and their carrying values at December 31, 2013 are:

	Cost		Accumulated Amortization			Accumulated Impairment		Carrying Value		Weighted Average Amortization Period (Years)
Amortized Identifiable Intangible Assets:
Subscriber lists – EthoStream	$	2,900,000	$	(1,641,383	)	$	–	$	1,258,617		12.0
Total Amortized Identifiable Intangible Assets		2,900,000		(1,641,383	)		–		1,258,617
Goodwill – EthoStream	8,796,430			–			(3,000,000)		5,796,430
Goodwill – SSI	5,874,016			–			(5,874,016)		-
Total Goodwill	14,670,446			–			(8,874,016)		5,796,430
Total	$	17,570,446	$	(1,641,383	)	$	(8,874,016)	$	7,055,047

Total identifiable intangible assets acquired and their carrying values at December 31, 2012 are:

	Cost		Accumulated Amortization			Accumulated Impairment		Carrying Value		Weighted Average Amortization Period (Years)
Amortized Identifiable Intangible Assets:
Subscriber lists – EthoStream	$	2,900,000	$	(1,399,703	)	$	–	$	1,500,297		12.0
Total Amortized Identifiable Intangible Assets		2,900,000		(1,399,703	)		–		1,500,297
Goodwill – EthoStream	8,796,430			–			(3,000,000)		5,796,430
Goodwill – SSI	5,874,016			–			(3,100,000)		2,774,016
Total Goodwill	14,670,446			–			(6,100,000)		8,570,446
Total	$	17,570,446	$	(1,399,703	)	$	(6,100,000)	$	10,070,743

Estimated future amortization expense as of December 31, 2013 is as follows: