our revenues per customer on a monthly basis vary based on the amount of energy produced by our energy systems and the published price of energy ( electricity , natural gas or oil ) from our customers ' local energy utility that month . our revenues commence as new energy systems become operational . as of december 31 , 2014 , we had 123 energy systems operational . in some cases the customer may choose to own the energy system rather than have it owned by american dg energy . in this case , we account for revenue and costs using the percentage-of-completion method of accounting . under the percentage-of-completion method of accounting , revenues are recognized by applying percentages of completion to the total estimated revenues for the respective contracts . costs are recognized as incurred . the percentages of completion are determined by relating the actual cost of work performed to date to the current estimated total cost at completion of the respective contracts . when the estimate on a contract indicates a loss , the company 's policy is to record the entire expected loss , regardless of the percentage of completion . the excess of contract costs and profit recognized to date on the percentage-of-completion accounting method in excess of billings is recorded as unbilled revenue . billings in excess of related costs and estimated earnings is recorded as deferred revenue . customers may buy out their long-term obligation under energy contracts and purchase the underlying equipment from the company . any resulting gain on these transactions is recognized over the payment period in the accompanying consolidated statements of operations . revenues from operation and maintenance services , including shared savings are recorded when provided and verified . we have experienced total net losses since inception of approximately $ 35.2 million . for the foreseeable future , we expect to experience continuing operating losses and negative cash flows from operations as our management executes our current business plan . the cash and cash equivalents available at december 31 , 2014 will , we believe , provide sufficient working capital to meet our anticipated expenditures including installations of new equipment for the next twelve months ; however , as we continue to grow our business by adding more energy systems , the cash requirements will increase . we believe that our cash and cash equivalents available at december 31 , 2014 and our ability to control certain costs , including those related to general and administrative expenses , will enable us to meet our anticipated cash expenditures through march 31 , 2016. beyond march 31 , 2016 , we may need to raise additional capital through a debt financing or equity offering to meet our operating and capital needs . there can be no assurance , however , that we will be successful in our fundraising efforts or that additional funds will be available on acceptable terms , if at all . if we are unable to raise additional capital in 2016 we may need to terminate certain of our employees and adjust our current business plan . financial considerations may cause us to modify planned deployment of new energy systems and we may decide to suspend installations until we are able to secure additional working capital . we will evaluate possible acquisitions of , or investments in , businesses , technologies and products that are complementary to our business . however , we are not currently engaged in such discussions . the company 's operations are comprised of one business segment . our business is selling energy in the form of electricity , heat , hot water and cooling to our customers under long-term sales agreements . related party transactions see `` note 8 - related parties `` to the consolidated financial statements contained herin . results of operations 17 american dg energy inc. fiscal year ended december 31 , 2014 compared with fiscal year ended december 31 , 2013 revenues revenues in 2014 were $ 8,567,553 compared to $ 7,461,880 for the same period in 2013 , an increase of $ 1,105,673 or 14.8 % . the increase in revenues was primarily due to higher energy production and units operational in the united kingdom ( uk ) . our on-site utility energy revenues in 2014 increased to $ 7,808,933 compared to $ 7,164,226 for the same period in 2013 , an increase of $ 644,707 or 9.0 % . as part of our on-site utility energy revenue , the revenue recognized from demand response activity was $ 247,518 and $ 112,405 , for the years ended december 31 , 2014 and 2013 , respectively . our turnkey and other revenues in 2014 increased to $ 758,620 compared to $ 297,654 for the same period in 2013 . the revenue from our turnkey projects can vary substantially per period . during 2014 , we operated 123 energy systems , at 69 locations , representing 8,186 kw of installed electricity plus thermal energy , compared to 109 energy systems at 64 locations , representing 7,278 kw of installed electricity plus thermal energy for the same period in 2013 . the revenue per customer on a monthly basis is based on the sum of the amount of energy produced by our energy systems , which is derived by the monthly published price of energy ( electricity , natural gas or oil ) from our customers ' local utility , less the discounts we provide our customers . our revenues commence as new energy systems become operational . cost of sales cost of sales , including depreciation , in 2014 was $ 8,481,780 compared to $ 6,245,598 for the same period in 2013 , an increase of $ 2,236,182 or 35.8 % . story_separator_special_tag under certain energy contracts , the customer directly acquires the fuel to power the systems and receives credit for that expense from the company . the credit is recorded as a reduction of revenue and as reduction of cost of fuel . revenues from operation , including shared savings are recorded when provided and verified . maintenance service revenue is recognized over the term of the agreement and is billed on a monthly basis in arrears . customers may buy out their long-term obligation under energy contracts and purchase the underlying equipment from the company . any resulting gain on these transactions is recognized over the payment period in the accompanying consolidated statements of operations . in some cases , the customer may choose to own the energy system rather than have it owned by american dg energy . in this case , the company accounts for revenue , or turnkey revenue , and costs using the percentage-of-completion method of accounting . under the percentage-of-completion method of accounting , revenues are recognized by applying percentages of completion to the total estimated revenues for the respective contracts . costs are recognized as incurred . the percentages of completion are determined by relating the actual cost of work performed to date to the current estimated total cost at completion of the respective contracts . when the estimate on a contract indicates a loss , the company 's policy is to record the entire expected loss , regardless of the percentage of completion . the excess of contract costs and profit recognized to date on the percentage-of-completion accounting method in excess of billings is recorded as unbilled revenue . billings in excess of related costs and estimated earnings is recorded as deferred revenue . at times the company will enter into a sales arrangement with a customer to construct and sell an energy system and provide energy and maintenance services over the term of the contract . based on the fact that the company sells each deliverable to other customers on a stand-alone basis , the company has determined that each deliverable has a stand-alone value . additionally , there are no rights of return relative to the delivered items ; therefore , each deliverable is considered a separate unit of accounting . revenue is allocated to each element based upon its relative fair value which is determined based on the estimated price of the deliverables when sold on a standalone basis . revenue related to the construction of the energy system is recognized using the percentage-of-completion method as the unit is being constructed . revenue from the sale of energy is recognized when electricity , heat , and chilled water is produced by the energy system , and revenue from maintenance services is recognized over the term of the maintenance agreement . the company is able to participate in the demand response market . demand response programs provide payments for either the reduction of electricity usage or low capacity utilization throughout a utility territory . for the year ended december 31 , 2014 and 2013 , the revenue recognized from demand response activity was $ 247,518 and $ 112,405 , respectively . income taxes as part of the process of preparing its consolidated financial statements , the company is required to estimate its income taxes in each of the jurisdictions in which it operates . this process involves the company estimating its actual current tax exposure together with assessing temporary differences resulting from differing treatment of items , such as depreciation and certain accrued liabilities for tax and accounting purposes . these differences result in deferred tax assets and liabilities , which are included within the company 's consolidated balance sheet . the company must then assess the likelihood that its 22 american dg energy inc. deferred tax assets will be recovered from future taxable income and to the extent it believes that recovery is not likely , the company must establish a valuation allowance . the company is allowed to recognize the tax benefits of uncertain tax positions only where the position is “ more likely than not ” to be sustained assuming examination by tax authorities . the amount recognized is the amount that represents the largest amount of tax benefit that is greater than 50 % likely of being ultimately realized . a liability is recognized for any benefit claimed , or expected to be claimed , in a tax return in excess of the benefit recorded in the financial statements , along with any interest and penalties ( if applicable ) on that excess . in addition , the company is required to provide a tabular reconciliation of the change in the aggregate unrecognized tax benefits claimed , or expected to be claimed , in tax returns and disclosure relating to the accrued interest and penalties for unrecognized tax benefits . discussion is also required for those uncertain tax positions where it is reasonably possible that the estimate of the tax benefit will change significantly in the next twelve months . impact of new accounting pronouncements in may 2014 , the fasb issued asu 2014-09 , “ revenue from contracts with customers ( topic 606 ) , ” to clarify the principles for recognizing revenue and to develop a common revenue standard for gaap and the international financial reporting standards . this guidance supersedes previously issued guidance on revenue recognition and gives a five step process an entity should follow so that the entity recognizes revenue that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services . this new guidance will be effective for our fiscal 2017 reporting period and must be applied either retrospectively during each prior reporting period presented or retrospectively with the cumulative effect of initially applying this guidance recognized at the date of the initial application . early adoption is not

cash used in operating activities was $ 782,660 in 2014 compared to $ 1,553,257 for the same period in 2013 . the company 's short and long-term receivables balance , including unbilled revenue , increased to $ 1,156,944 , in 2014 compared to $ 1,046,385 at december 31 , 2013 , reducing $ 110,559 of cash due to increased sales . amounts due to the company from related parties decreased to $ 39,682 in 2014 compared to $ 304,288 at december 31 , 2013 , increasing cash $ 264,606 . our inventory decreased to $ 1,153,927 in 2014 compared to $ 2,246,335 at december 31 , 2013 , supplying $ 1,092,408 of cash . accounts payable decreased to $ 605,530 in 2014 , compared to $ 871,079 at december 31 , 2013 , requiring $ 265,549 of cash . the amount due to related party increased to $ 630,805 in 2014 , compared to $ 178,216 at december 31 , 2013 , providing $ 452,589 of cash . during 2014 , the investing activities of the company 's operations were expenditures for the purchase of property , plant and equipment for energy system installations . the company used $ 5,649,433 for purchases and installation of energy systems , net of rebates and incentives of $ 27,500 . the company 's financing activities provided $ 8,453,717 of cash in 2014 from the issuance of convertible debentures by eurosite power , the sale of the company 's common stock , the sale of common stock by eurosite power , a related party loan to eurosite power , offset by share repurchases of common stock by the company and eurosite power and distributions to noncontrolling interest . the company 's on-site utility energy program allows customers to reduce both their energy costs and site carbon production by deploying combined heat and power technology on its customers ' premises at no capital cost to the customer . therefore the company 's business model is capital intensive as the company owns the on-site utility equipment .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash used in operating activities was $ 782,660 in 2014 compared to $ 1,553,257 for the same period in 2013 . the company 's short and long-term receivables balance , including unbilled revenue , increased to $ 1,156,944 , in 2014 compared to $ 1,046,385 at december 31 , 2013 , reducing $ 110,559 of cash due to increased sales . amounts due to the company from related parties decreased to $ 39,682 in 2014 compared to $ 304,288 at december 31 , 2013 , increasing cash $ 264,606 . our inventory decreased to $ 1,153,927 in 2014 compared to $ 2,246,335 at december 31 , 2013 , supplying $ 1,092,408 of cash . accounts payable decreased to $ 605,530 in 2014 , compared to $ 871,079 at december 31 , 2013 , requiring $ 265,549 of cash . the amount due to related party increased to $ 630,805 in 2014 , compared to $ 178,216 at december 31 , 2013 , providing $ 452,589 of cash . during 2014 , the investing activities of the company 's operations were expenditures for the purchase of property , plant and equipment for energy system installations . the company used $ 5,649,433 for purchases and installation of energy systems , net of rebates and incentives of $ 27,500 . the company 's financing activities provided $ 8,453,717 of cash in 2014 from the issuance of convertible debentures by eurosite power , the sale of the company 's common stock , the sale of common stock by eurosite power , a related party loan to eurosite power , offset by share repurchases of common stock by the company and eurosite power and distributions to noncontrolling interest . the company 's on-site utility energy program allows customers to reduce both their energy costs and site carbon production by deploying combined heat and power technology on its customers ' premises at no capital cost to the customer . therefore the company 's business model is capital intensive as the company owns the on-site utility equipment .
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 Suspicious Activity Report : our revenues per customer on a monthly basis vary based on the amount of energy produced by our energy systems and the published price of energy ( electricity , natural gas or oil ) from our customers ' local energy utility that month . our revenues commence as new energy systems become operational . as of december 31 , 2014 , we had 123 energy systems operational . in some cases the customer may choose to own the energy system rather than have it owned by american dg energy . in this case , we account for revenue and costs using the percentage-of-completion method of accounting . under the percentage-of-completion method of accounting , revenues are recognized by applying percentages of completion to the total estimated revenues for the respective contracts . costs are recognized as incurred . the percentages of completion are determined by relating the actual cost of work performed to date to the current estimated total cost at completion of the respective contracts . when the estimate on a contract indicates a loss , the company 's policy is to record the entire expected loss , regardless of the percentage of completion . the excess of contract costs and profit recognized to date on the percentage-of-completion accounting method in excess of billings is recorded as unbilled revenue . billings in excess of related costs and estimated earnings is recorded as deferred revenue . customers may buy out their long-term obligation under energy contracts and purchase the underlying equipment from the company . any resulting gain on these transactions is recognized over the payment period in the accompanying consolidated statements of operations . revenues from operation and maintenance services , including shared savings are recorded when provided and verified . we have experienced total net losses since inception of approximately $ 35.2 million . for the foreseeable future , we expect to experience continuing operating losses and negative cash flows from operations as our management executes our current business plan . the cash and cash equivalents available at december 31 , 2014 will , we believe , provide sufficient working capital to meet our anticipated expenditures including installations of new equipment for the next twelve months ; however , as we continue to grow our business by adding more energy systems , the cash requirements will increase . we believe that our cash and cash equivalents available at december 31 , 2014 and our ability to control certain costs , including those related to general and administrative expenses , will enable us to meet our anticipated cash expenditures through march 31 , 2016. beyond march 31 , 2016 , we may need to raise additional capital through a debt financing or equity offering to meet our operating and capital needs . there can be no assurance , however , that we will be successful in our fundraising efforts or that additional funds will be available on acceptable terms , if at all . if we are unable to raise additional capital in 2016 we may need to terminate certain of our employees and adjust our current business plan . financial considerations may cause us to modify planned deployment of new energy systems and we may decide to suspend installations until we are able to secure additional working capital . we will evaluate possible acquisitions of , or investments in , businesses , technologies and products that are complementary to our business . however , we are not currently engaged in such discussions . the company 's operations are comprised of one business segment . our business is selling energy in the form of electricity , heat , hot water and cooling to our customers under long-term sales agreements . related party transactions see `` note 8 - related parties `` to the consolidated financial statements contained herin . results of operations 17 american dg energy inc. fiscal year ended december 31 , 2014 compared with fiscal year ended december 31 , 2013 revenues revenues in 2014 were $ 8,567,553 compared to $ 7,461,880 for the same period in 2013 , an increase of $ 1,105,673 or 14.8 % . the increase in revenues was primarily due to higher energy production and units operational in the united kingdom ( uk ) . our on-site utility energy revenues in 2014 increased to $ 7,808,933 compared to $ 7,164,226 for the same period in 2013 , an increase of $ 644,707 or 9.0 % . as part of our on-site utility energy revenue , the revenue recognized from demand response activity was $ 247,518 and $ 112,405 , for the years ended december 31 , 2014 and 2013 , respectively . our turnkey and other revenues in 2014 increased to $ 758,620 compared to $ 297,654 for the same period in 2013 . the revenue from our turnkey projects can vary substantially per period . during 2014 , we operated 123 energy systems , at 69 locations , representing 8,186 kw of installed electricity plus thermal energy , compared to 109 energy systems at 64 locations , representing 7,278 kw of installed electricity plus thermal energy for the same period in 2013 . the revenue per customer on a monthly basis is based on the sum of the amount of energy produced by our energy systems , which is derived by the monthly published price of energy ( electricity , natural gas or oil ) from our customers ' local utility , less the discounts we provide our customers . our revenues commence as new energy systems become operational . cost of sales cost of sales , including depreciation , in 2014 was $ 8,481,780 compared to $ 6,245,598 for the same period in 2013 , an increase of $ 2,236,182 or 35.8 % . story_separator_special_tag under certain energy contracts , the customer directly acquires the fuel to power the systems and receives credit for that expense from the company . the credit is recorded as a reduction of revenue and as reduction of cost of fuel . revenues from operation , including shared savings are recorded when provided and verified . maintenance service revenue is recognized over the term of the agreement and is billed on a monthly basis in arrears . customers may buy out their long-term obligation under energy contracts and purchase the underlying equipment from the company . any resulting gain on these transactions is recognized over the payment period in the accompanying consolidated statements of operations . in some cases , the customer may choose to own the energy system rather than have it owned by american dg energy . in this case , the company accounts for revenue , or turnkey revenue , and costs using the percentage-of-completion method of accounting . under the percentage-of-completion method of accounting , revenues are recognized by applying percentages of completion to the total estimated revenues for the respective contracts . costs are recognized as incurred . the percentages of completion are determined by relating the actual cost of work performed to date to the current estimated total cost at completion of the respective contracts . when the estimate on a contract indicates a loss , the company 's policy is to record the entire expected loss , regardless of the percentage of completion . the excess of contract costs and profit recognized to date on the percentage-of-completion accounting method in excess of billings is recorded as unbilled revenue . billings in excess of related costs and estimated earnings is recorded as deferred revenue . at times the company will enter into a sales arrangement with a customer to construct and sell an energy system and provide energy and maintenance services over the term of the contract . based on the fact that the company sells each deliverable to other customers on a stand-alone basis , the company has determined that each deliverable has a stand-alone value . additionally , there are no rights of return relative to the delivered items ; therefore , each deliverable is considered a separate unit of accounting . revenue is allocated to each element based upon its relative fair value which is determined based on the estimated price of the deliverables when sold on a standalone basis . revenue related to the construction of the energy system is recognized using the percentage-of-completion method as the unit is being constructed . revenue from the sale of energy is recognized when electricity , heat , and chilled water is produced by the energy system , and revenue from maintenance services is recognized over the term of the maintenance agreement . the company is able to participate in the demand response market . demand response programs provide payments for either the reduction of electricity usage or low capacity utilization throughout a utility territory . for the year ended december 31 , 2014 and 2013 , the revenue recognized from demand response activity was $ 247,518 and $ 112,405 , respectively . income taxes as part of the process of preparing its consolidated financial statements , the company is required to estimate its income taxes in each of the jurisdictions in which it operates . this process involves the company estimating its actual current tax exposure together with assessing temporary differences resulting from differing treatment of items , such as depreciation and certain accrued liabilities for tax and accounting purposes . these differences result in deferred tax assets and liabilities , which are included within the company 's consolidated balance sheet . the company must then assess the likelihood that its 22 american dg energy inc. deferred tax assets will be recovered from future taxable income and to the extent it believes that recovery is not likely , the company must establish a valuation allowance . the company is allowed to recognize the tax benefits of uncertain tax positions only where the position is “ more likely than not ” to be sustained assuming examination by tax authorities . the amount recognized is the amount that represents the largest amount of tax benefit that is greater than 50 % likely of being ultimately realized . a liability is recognized for any benefit claimed , or expected to be claimed , in a tax return in excess of the benefit recorded in the financial statements , along with any interest and penalties ( if applicable ) on that excess . in addition , the company is required to provide a tabular reconciliation of the change in the aggregate unrecognized tax benefits claimed , or expected to be claimed , in tax returns and disclosure relating to the accrued interest and penalties for unrecognized tax benefits . discussion is also required for those uncertain tax positions where it is reasonably possible that the estimate of the tax benefit will change significantly in the next twelve months . impact of new accounting pronouncements in may 2014 , the fasb issued asu 2014-09 , “ revenue from contracts with customers ( topic 606 ) , ” to clarify the principles for recognizing revenue and to develop a common revenue standard for gaap and the international financial reporting standards . this guidance supersedes previously issued guidance on revenue recognition and gives a five step process an entity should follow so that the entity recognizes revenue that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services . this new guidance will be effective for our fiscal 2017 reporting period and must be applied either retrospectively during each prior reporting period presented or retrospectively with the cumulative effect of initially applying this guidance recognized at the date of the initial application . early adoption is not

