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Electronic Systems Technology, Inc. Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 297,906 $ 274,936
Certificates of deposit 499,999 650,000
Accounts receivable, net 76,897 76,959
Inventories 770,547 822,819
Prepaid expenses 21,995 20,910
Accrued interest receivable 2,190 6,540
Total current assets 1,669,534 1,852,164
Property and equipment, net of depreciation 10,660 12,398
Right to use - Lease, net of amortization 26,428 39,641
Total assets 1,706,622 1,904,203
Current liabilities    
Accounts payable 12,559 101,548
Refundable deposits 1,060 2,070
Accrued wages and bonus 3,997 0
Accrued vacation pay 16,392 11,165
Lease liability, current portion 26,428 39,641
Other accrued liabilities 6,916 2,485
Total current liabilities 67,352 156,909
Total liabilities 67,352 156,909
Stockholders' equity    
Common stock, $0.001 par value 50,000,000 shares authorized 4,946,502 and 4,946,502 shares issued and outstanding respectively 4,947 4,947
Additional paid-in capital 931,441 929,159
Retained earnings 702,882 813,188
Total stockholders' equity 1,639,270 1,747,294
Total liabilities and stockholders' equity $ 1,706,622 $ 1,904,203