Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue44¢$4.2M
- Research and development11¢$1.1M
- Selling, general and admin45¢$4.3M
- Income tax0¢$15.0K
Out of $8.4M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $8.3M4 | $8.3M5 | $8.4M6 | $12.0M7 | $6.5M8 | $6.3M3 | $8.4M3 |
| Cost of revenue | $124.8K4 | $4.4M5 | $4.7M6 | $7.0M7 | $3.6M8 | $3.0M3 | $4.2M3 |
| Gross profit | $4.1M4 | $3.8M5 | $3.8M6 | $5.0M7 | $2.9M8 | $3.2M3 | $4.2M3 |
| Research and development | $1.7M4 | $1.8M5 | $1.9M6 | $1.7M7 | $1.2M8 | $1.1M3 | $1.1M3 |
| Selling, general and admin | $6.3M4 | $5.5M5 | $4.8M6 | $5.2M7 | $4.8M8 | $4.3M3 | $4.3M3 |
| Operating expenses | $5.5M3 | $5.4M3 | |||||
| Operating income | -$3.9M4 | -$3.5M5 | -$3.0M6 | -$2.0M7 | -$3.1M8 | -$2.2M3 | -$1.2M3 |
| Income before tax | -$404.9K3 | -$1.3M3 | |||||
| Income tax | $20.1K4 | $9.8K5 | $9.6K6 | -$100.4K7 | $22.6K8 | $7.9K3 | $15.0K3 |
| Net income | -$1.4M4 | $3.7M5 | -$3.0M6 | -$1.9M7 | -$3.1M8 | -$412.8K3 | -$1.3M3 |
| Earnings per share | -$0.014 | $0.035 | -$0.026 | -$0.017 | -$0.028 | $0.003 | $0.003 |
| Earnings per share (diluted) | -$0.014 | $0.035 | -$0.026 | -$0.017 | -$0.028 | $0.003 | $0.003 |
| Shares (weighted, basic) | 136.3M shares3 | 296.5M shares3 | |||||
| Shares (weighted, diluted) | 136.3M shares3 | 296.5M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $791.9K4 | $9.2M6 | $4.7M7 | $3.3M7 | $3.0M8 | $2.4M3 | $3.2M3 |
| Receivables | $1.0M3 | $2.0M3 | |||||
| Inventory | $825.6K3 | $1.3M3 | |||||
| Current assets | $10.3M4 | $12.2M5 | $8.5M6 | $7.5M7 | $5.6M8 | $5.2M3 | $7.3M3 |
| Property, plant and equipment | $84.2K3 | $126.1K3 | |||||
| Total assets | $10.5M4 | $12.5M5 | $8.7M6 | $8.6M7 | $6.5M8 | $5.9M3 | $7.9M3 |
| Accounts payable | $1.9M3 | $1.1M3 | |||||
| Current liabilities | $5.0M4 | $2.7M5 | $2.3M6 | $3.3M7 | $3.9M8 | $4.0M3 | $2.7M3 |
| Long-term liabilities | $959.9K3 | $619.9K3 | |||||
| Total liabilities | $3.0M5 | $2.5M6 | $4.2M7 | $5.2M8 | $4.9M3 | $3.3M3 | |
| Retained earnings | -$128.7M3 | -$130.0M3 | |||||
| Shareholders’ equity | $5.3M5 | $9.5M6 | $6.2M7 | $4.4M8 | $1.3M3 | $911.7K3 | $4.6M3 |
| Shares outstanding | 132.8M shares4 | 133.7M shares5 | 134.8M shares6 | 136.0M shares7 | 136.3M shares8 | 136.3M shares3 | 299.2M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$627.1K4 | -$3.1M5 | -$3.9M6 | -$1.9M7 | -$844.8K8 | -$1.7M3 | -$3.6M3 |
| Depreciation and amortization | $43.5K3 | $43.8K3 | |||||
| Stock-based compensation | $7.3K3 | $03 | |||||
| Capital spending | $36.6K4 | $211.5K5 | $10.2K6 | $5.3K7 | $07 | $03 | $87.6K3 |
| Free cash flow | -$663.7K | -$3.3M | -$4.0M | -$1.9M | -$844.8K | -$1.7M | -$3.7M |
| Cash from investing | $03 | -$86.3K3 | |||||
| Cash from financing | $1.0M3 | $4.6M3 |
Corporate structure
TELKONET INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of TELKONET INC
- BARD ASSOCIATES INC Filed SC 13G/A on TELKONET INC, latest Feb 6, 2023 (2 filings since Feb 14, 2022)
- VDA GROUP S.p.A. Filed SC 13D/A on TELKONET INC, latest Jul 15, 2022 (2 filings since Jan 19, 2022)
- TELKONET INC Waukesha, Wisconsin
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What TELKONET INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $587.5K3 Dec 31, 2022 | $507.9K3 Dec 31, 2021 | +15.7% |
| Accumulated depreciation | $461.4K3 Dec 31, 2022 | $423.7K3 Dec 31, 2021 | +8.9% |
| Property and equipment, net | $126.1K3 Dec 31, 2022 | $84.2K3 Dec 31, 2021 | +49.8% |
| Operating-lease assets (leased space) | $442.9K3 Dec 31, 2022 | $570.5K3 Dec 31, 2021 | −22.4% |
Investments
Inventory
Leadership
Who has led TELKONET INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJason Tienor Jan 5, 2009 to Apr 6, 201711
- Chief executive officerRonald W. Pickett Dec 29, 2006 to Dec 29, 200612
- PresidentJason Tienor Jan 5, 2009 to Sep 15, 201511
- PresidentRonald W. Pickett Dec 29, 2006 to Dec 29, 200612
- Chief financial officerRichard E. Mushrush Apr 19, 2011 to Sep 12, 201313
- Chief financial officerRichard J. Leimbach Jan 5, 2009 to Aug 10, 201014
- Chief operating officerMatthew Koch Apr 6, 2017 to Apr 6, 201715
- Chief operating officerJeff Sobieski Jan 5, 2009 to Sep 12, 201316
- Chief operating officerDorothy Cleal Jan 8, 2008 to Jan 8, 200817
- Chief operating officerJason Tienor Aug 31, 2007 to Aug 31, 200718
Board members and other officers (27)
- EXECUTIVE VP GLOBAL SALES ANDGerrit J. Reinders Aug 10, 2011 to Sep 8, 201519
- VP of OperationsMatthew Koch Aug 11, 2011 to Sep 12, 201320
- Vice President FinanceRichard J. Leimbach Apr 25, 2007 to Apr 25, 200721
- Chief Technology OfficerJames F. Landry May 24, 2007 to May 24, 200722
- Chief Marketing Officer, SecreRobert P. Crabb May 24, 2007 to Jun 20, 200723
- Executive Vice PresidentDorothy Cleal Aug 31, 2007 to Sep 13, 200724
- Executive Vice PresidentJeff Sobieski Dec 21, 2007 to Apr 6, 201725
- Senior Vice PresidentStephen L. Sadle Mar 2, 2006 to Mar 19, 200726
- Board memberPaulis Flavio De Jan 18, 2022 to Jan 18, 202227
- Board memberPiercarlo Gramaglia Jan 18, 2022 to Jan 18, 202228
- Board memberSteven E. Quick Jan 18, 2022 to Jan 18, 202229
- Board memberArthur E. Byrnes Jul 8, 2016 to Apr 1, 202030
- Board memberPeter T. Kross Jul 12, 2016 to Apr 1, 202031
- Board memberLeland D. Blatt Jul 14, 2016 to Apr 1, 202032
- Board memberKellogg L. Warner Apr 9, 2014 to Dec 23, 201533
- Board memberTim S. Ledwick May 2, 2012 to Oct 2, 201934
- Board memberGlenn A. Garland Dec 1, 2011 to Sep 19, 201335
- Board memberJoseph D. Mahaffey Sep 22, 2010 to Jan 20, 201136
- Board memberWilliam H. Davis Sep 22, 2010 to Sep 1, 201537
- Board memberJason Tienor Nov 19, 2009 to Apr 6, 201738
- Board memberJames L. Peeler Apr 25, 2007 to Apr 25, 200739
- Board memberAnthony J. Paoni Apr 26, 2007 to Nov 28, 201140
- Board memberSeth D. Blumenfeld Apr 26, 2007 to Apr 26, 200741
- Board memberWarren Musser V. Apr 30, 2007 to Aug 10, 201042
- Board memberDavid W. Grimes Feb 10, 2006 to Feb 10, 200643
- Board memberStephen L. Sadle Mar 2, 2006 to Mar 19, 200726
- Board memberRonald W. Pickett Dec 29, 2006 to Jan 2, 200812
Former names
- COMSTOCK COAL CO INCSep 13, 1999 to Aug 31, 20002
Timeline
- Mar 29, 20238-K Other events44
- Feb 8, 20238-K Executive or director change45
- Feb 3, 20238-K Executive or director change46
- Nov 18, 20228-K Results of operations47
- Aug 18, 20228-K Executive or director change48
- Jul 21, 20228-K Executive or director change49
- Jun 1, 20228-K Shareholder vote50
- Mar 16, 20228-K Entered a material agreement; Executive or director change51
- Jan 13, 20228-K Change in control; Executive or director change; Other events52
- Dec 15, 20218-K Entered a material agreement53
- Nov 15, 20218-K Results of operations54
- Nov 1, 20218-K Shareholder vote55
- Jan 5, 2009New chief executive Jason Tienor becomes CEO11
- Dec 29, 2006New chief executive Ronald W. Pickett becomes CEO12
Calendar
When it reported results
- Nov 18, 2022Reported quarterly or annual results47
- Nov 15, 2021Reported quarterly or annual results54
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
54 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 14 major events, 4 insider forms, 4 large holders, 25 other. The latest 20:
- Apr 11, 2023DEF 14A EDGAR
- Mar 31, 202310-K/A AMENDMENT NO 1 EDGAR
- Mar 31, 202310-K EDGAR
- Mar 31, 202315-12G EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 30, 2023EFFECT EDGAR
- Mar 29, 20238-K EDGAR
- Mar 29, 2023S-8 POS EDGAR
- Mar 29, 2023S-8 POS EDGAR
- Mar 29, 2023S-8 POS EDGAR
- Mar 29, 2023S-8 POS EDGAR
- Mar 29, 2023POS AM EDGAR
- Mar 29, 2023POS AM EDGAR
The 54 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BARD ASSOCIATES INCSC 13G/A, 2 filings Feb 14, 2022 to Feb 6, 202356
- VDA GROUP S.p.A.SC 13D/A, 2 filings Jan 19, 2022 to Jul 15, 202257
SEC filer profile
How TELKONET INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTELKONET INC1
- CIK0001094084
- Employer ID (EIN)87-06274211
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inUtah1
- Fiscal year endsDecember 311
- Industry code (SIC)3822 Auto Controls For Regulating Residential & Comml Environments1
- Business address20800 Swenson Drive, Suite 175, Waukesha, WI 531861
- Phone414-302-22991
- Shares outstanding299,212,282 as of Mar 24, 20233
- Public float$12.0M as of Jun 30, 20223
- On EDGAR sinceSep 13, 19991
- Filings803 in all: 4 (255), 8-K (183), 10-Q (54), DEF 14A (24), 3 (22), 10-K (18), 10QSB (16), 5 (15)1
All 48 form types
EFFECT (15), DEFA14A (13), REGDEX (13), SC 13G/A (13), UPLOAD (13), 8-K/A (11), CORRESP (11), POS AM (11), 4/A (9), S-3/A (9), S-3 (8), SC 13G (8), 10-Q/A (7), PRE 14A (7), 10KSB (6), SD (6), NT 10-K (5), 10-K/A (4), 10QSB/A (4), S-8 (4), S-8 POS (4), D (3), NT 10-Q (3), PRER14A (3), S-1/A (3), DEFR14A (2), DFAN14A (2), PREC14A (2), RW (2), S-1 (2), SC 13D (2), SC 13D/A (2), SEC STAFF LETTER (2), 10SB12G (1), 15-12G (1), 25-NSE (1), 8-A12B (1), CERTAMX (1), DEFC14A (1), PRRN14A (1)
- Latest filingsAnnual report (10-K) Mar 31, 2023
Quarterly report (10-Q) Nov 14, 2022
Proxy statement (DEF 14A) Apr 11, 2023
Latest 8-K (8-K) Mar 29, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARTELKONET INC filings on SEC EDGAR
- 2SEC EDGARTELKONET INC filings on SEC EDGAR
- 3SEC EDGARTELKONET INC 10-K for fiscal 2022
- 4SEC EDGARTELKONET INC 10-K for fiscal 2016
- 5SEC EDGARTELKONET INC 10-K for fiscal 2017
- 6SEC EDGARTELKONET INC 10-K for fiscal 2018
- 7SEC EDGARTELKONET INC 10-K for fiscal 2019
- 8SEC EDGARTELKONET INC 10-K for fiscal 2020
- 9SEC EDGARTELKONET INC 10-Q for fiscal 2022
- 10SEC EDGARTELKONET INC 10-Q for fiscal 2022
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARMatthew Koch, VP of Operations
- 21
- 22
- 23
- 24
- 25
- 26
- 27SEC EDGARPaulis Flavio De, Board member
- 28SEC EDGARPiercarlo Gramaglia, Board member
- 29SEC EDGARSteven E. Quick, Board member
- 30SEC EDGARArthur E. Byrnes, Board member
- 31SEC EDGARPeter T. Kross, Board member
- 32SEC EDGARLeland D. Blatt, Board member
- 33SEC EDGARKellogg L. Warner, Board member
- 34SEC EDGARTim S. Ledwick, Board member
- 35SEC EDGARGlenn A. Garland, Board member
- 36SEC EDGARJoseph D. Mahaffey, Board member
- 37SEC EDGARWilliam H. Davis, Board member
- 38SEC EDGARJason Tienor, Board member
- 39SEC EDGARJames L. Peeler, Board member
- 40SEC EDGARAnthony J. Paoni, Board member
- 41SEC EDGARSeth D. Blumenfeld, Board member
- 42SEC EDGARWarren Musser V., Board member
- 43SEC EDGARDavid W. Grimes, Board member
- 44SEC EDGAROther events
- 45SEC EDGARExecutive or director change
- 46SEC EDGARExecutive or director change
- 47SEC EDGARResults of operations
- 48SEC EDGARExecutive or director change
- 49SEC EDGARExecutive or director change
- 50SEC EDGARShareholder vote
- 51
- 52
- 53SEC EDGAREntered a material agreement
- 54SEC EDGARResults of operations
- 55SEC EDGARShareholder vote
- 56
- 57