ELECTRONIC SYSTEMS TECHNOLOGY, INC. DBA ESTEEM WIRELESS MODEMS BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash	$ 115,734	$ 244,572
Money market funds	387,237	373,488
Certificates of deposit	1,000,000	1,202,625
Accounts receivable	71,202	66,276
Inventories	703,147	603,291
Prepaid expenses	8,405	10,425
Federal income tax refund receivable		2,721
Accrued interest receivable	6,903	7,861
Total Current Assets	2,292,628	2,511,259
PROPERTY AND EQUIPMENT - NET	51,383	77,673
DEFERRED INCOME TAX ASSET - NET	244,092	168,392
TOTAL ASSETS	2,588,103	2,757,324
CURRENT LIABILITIES
Accounts payable	15,114	8,550
Refundable deposits	4,527	3,580
Accrued wages and bonus	1,723	2,294
Accrued vacation pay	18,412	17,911
Other accrued liabilities	2,558	3,174
Total Current Liabilities	42,334	35,509
TOTAL LIABILITIES	42,334	35,509
COMMITMENTS	0	0
STOCKHOLDERS' EQUITY
Common stock - $.001 par value 50,000,000 shares authorized, 5,060,903 and 5,158,667 shares issued and outstanding, respectively	5,061	5,159
Additional paid-in capital	972,609	1,007,861
Retained earnings	1,568,099	1,708,795
TOTAL STOCKHOLDERS' EQUITY	2,545,769	2,721,815
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,588,103	$ 2,757,324