Red Cat Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2014

For the Periods Ended:	6/30/2014	12/31/2013

Property, plant and equipment consist of the following:

Equipment	$206,000	$0
Computers and software	3,500	3,500
Other equipment	400	400
Total property, plant and equipment	209,900	3,900
Less:
Accumulated depreciation	3,900	3,900
Current depreciation expense	10,300	0
Total accumulated depreciation	14,200	3,900

Net property, plant and equipment	$195,700	$0

Intangible assets consist of:

Goodwill	$8,007,031	$0
Less:
Impairment	0	0

Net intangible assets	$8,007,031	$0

Depreciation expense was $10,300 at June 30, 2014 and $0 at June 30, 2013.