ELECTRONIC SYSTEMS TECHNOLOGY, INC. DBA ESTEEM WIRELESS MODEMS BALANCE SHEETS (USD $)	Dec. 31, 2014		Dec. 31, 2013
CURRENT ASSETS
Cash	$ 44,591		$ 133,129
Money market investment	592,495		763,451
Certificates of deposit	1,402,625		1,414,000
Accounts receivable	94,864		72,783
Inventories	719,137		625,692
Prepaid insurance	5,505		11,389
Other prepaid expenses	6,198		24,298
Federal income tax refund receivable	2,721
Accrued interest receivable	3,109		2,947
Deferred income tax asset, current	49,600		35,981
Total Current Assets	2,920,845		3,083,670
PROPERTY AND EQUIPMENT - NET	91,907		31,372
VENDOR DEPOSITS			13,083
DEFERRED INCOME TAX ASSET	34,801		619
TOTAL ASSETS	3,047,553		3,128,744
CURRENT LIABILITIES
Accounts payable	14,573		8,669
Refundable deposits	26,247		4,910
Accrued wages and bonus	5,554		15,149
Accrued vacation pay	29,644		24,249
Other accrued liabilities	7,847		7,234
Federal income tax payable			3,700
Total Current Liabilities	83,865		63,911
DEFERRED INCOME TAX LIABILITY	3,500		5,100
TOTAL LIABILITIES	87,365		69,011
COMMITMENTS AND CONTINGENCIES	0	[1]	0	[1]
STOCKHOLDERS' EQUITY
Common stock - $.001 par value 50,000,000 shares authorized, 5,158,667 shares issued and outstanding at December 31, 2014 and 2013, respectively	5,159		5,159
Additional paid-in capital	1,007,861		1,005,616
Retained earnings	1,947,168		2,048,958
TOTAL STOCKHOLDERS' EQUITY	2,960,188		3,059,733
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 3,047,553		$ 3,128,744

[1] Notes 8 and 10