<SUBMISSION>
<ACCESSION-NUMBER>0000950153-05-002938
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20051114
<ITEMS>4.02
<FILING-DATE>20051115
<DATE-OF-FILING-DATE-CHANGE>20051115
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>TASER INTERNATIONAL INC
<CIK>0001069183
<ASSIGNED-SIC>3480
<IRS-NUMBER>860741227
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-16391
<FILM-NUMBER>051207119
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>7860 EAST MCLAIN DR.
<STREET2>SUITE 2
<CITY>SCOTTSDALE
<STATE>AZ
<ZIP>85260
<PHONE>4809052000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>7860 EAST MCLAIN DR.
<STREET2>SUITE 2
<CITY>SCOTTSDALE
<STATE>AZ
<ZIP>85260
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>p71502e8vk.htm
<DESCRIPTION>8-K
<TEXT>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
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<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, DC 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Date of Report (Date of earliest event reported)</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>November&nbsp;14, 2005</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>TASER International, Inc.</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt">(Exact name of registrant as specified in its charter)
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="30%">&nbsp;</TD>
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    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>001-16391</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>86-0741227</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction<BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
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</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>17800 North 85<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> Street<BR>
Scottsdale, Arizona 85255</B><BR>
(Address of principal executive offices, including zip code)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>(480)&nbsp;991-0791</B><BR>
(Registrant&#146;s telephone number, including area code)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">(Former name or former address, if changed since last report)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
</DIV>


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<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">SIGNATURE</A></TD></TR>
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<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On November&nbsp;14, 2005, TASER International, Inc. (the &#147;Company&#148;) concluded that its financial
statements at March&nbsp;31, 2005 and June&nbsp;30, 2005 and for the periods then ended, included in its Form
10-Qs for the periods ended March&nbsp;31, 2005 and June&nbsp;30, 2005, respectively, should no longer be
relied upon due to an error in those financial statements which resulted from the incorrect accrual
of legal and other professional fees for those periods. Beginning in the first quarter of 2005,
the Company experienced a significant increase in outside legal and other professional expenses.
The Company recently determined that its internal controls surrounding the recording of legal and
professional fees in the appropriate accounting period were not operating effectively. Certain of
the invoices relating to the work performed were not received by the Company&#146;s accounting
department until after the Company had closed its books and reported its financial results for such
periods due to delays on the part of third parties in delivering or communicating such invoices to
the Company. As a result, certain invoices were recorded in the
incorrect period. Correction of
these errors will result in shifting of expenses among the first three quarters of 2005 with
expenses expected to increase in the first quarter of 2005 and decrease in the second quarter of
2005 from the figures included in the previously filed Form 10-Qs. There will be a corresponding
decrease/increase in net income for the first and second quarters resulting from the change in
expenses. The restatement will have no impact on revenues for the periods.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company also expects that the restatement will have the effect of decreasing its legal and
professional fees for the third quarter of 2005. Total sales, general and administration expenses
for the third quarter of 2005 are expected to decrease from the $7.0&nbsp;million previously reported by
the Company on October&nbsp;26, 2005 to approximately $6.9&nbsp;million. The year to date 2005 sales,
general and administration expenses are expected to decrease from the $19.8&nbsp;million previously
reported on October&nbsp;26, 2005 to approximately $19.7&nbsp;million. The Company&#146;s net income for the
third quarter of 2005 is expected to increase by approximately $60,000 from the number previously
reported on October&nbsp;26, 2005 to approximately $0.3&nbsp;million. Net income for year to date 2005 is
expected to increase from the $0.9&nbsp;million previously reported on October&nbsp;26, 2005 to approximately
$1.0&nbsp;million.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company is completing its analysis of the impact of this adjustment and amended Forms 10-Q
for the quarters ended March&nbsp;31, 2005 and June&nbsp;30, 2005
will be filed to reflect the restatement. In
addition, the Company is completing its analysis of the impact of this adjustment on its financial
statements for the quarter ended September&nbsp;30, 2005 and has
filed for an extension of time to file
its Form 10-Q for the quarter ended September&nbsp;30, 2005.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#146;s audit committee was first informed by management of the error on November&nbsp;11, 2005,
and the Company&#146;s Chief Financial Officer and the audit committee have discussed the item with the
Company&#146;s independent registered public accounting firm.
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>


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<TR>
    <TD valign="top" align="left">Dated: November 15, 2005&nbsp;</TD>
    <TD colspan="3" align="left">TASER International, Inc.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ DANIEL BEHRENDT
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Daniel Behrendt&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
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