v3.5.0.2

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Revenues	$ 429,828	$ 645,045	$ 1,286,190	$ 1,793,615
Cost of Revenues
Materials and Supplies	27,189	69,368	63,641	125,382
Subcontract Labor	97,838	108,812	251,358	354,301
Depreciation	64,347	109,455	205,107	360,859
Employees and Related Costs	86,453	119,780	260,191	379,032
Repairs and Maintenance	8,807	32,420	16,208	97,427
Insurance	21,224	36,073	61,489	111,283
Other Costs	116,435	133,698	296,977	437,346
Total Cost of Revenues	422,294	609,606	1,154,972	1,865,631
Gross Profit	7,534	35,439	131,218	(72,016)
Operating Expenses
Selling, General, and Administration	305,683	442,216	760,449	1,220,693
Depreciation	27,525	30,361	82,975	90,782
Bad Debts
Total Operating Expenses	333,208	472,577	843,424	1,311,475
Loss from Operations	(325,674)	(437,138)	(712,206)	(1,383,491)
Other Income (Expense)
Income from Lawsuit Settlement				2,402,936
Gain (Loss) on Sale of Assets				2,105
Investment Income (Expense)	(423)	(12,911)	(2,182)	(8,231)
Interest Expense	(290,051)	(4,074)	(298,203)	(13,600)
Total Other Income (Expense)	(290,474)	(16,985)	(300,385)	2,383,210
Loss Before Provision for Income Taxes	(616,148)	(454,123)	(1,012,591)	999,719
Benefit for Income Taxes		172,712
Income/(Loss)	$ (616,148)	$ (626,835)	$ (1,012,591)	$ 999,719
Income (Loss) per Share - Basic
Income (Loss) per Share - Diluted

Depreciation of property, plant and equipment directly related to goods produced and sold and services rendered by an entity during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

ENERGY & TECHNOLOGY CORP. 10-Q