UNITED STATES
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   January 4, 2005

Ault Incorporated
             (Exact name of registrant as specified in its charter)

Minnesota                              0-12611                   41-0842932
(State or other jurisdiction         (Commission                (IRS Employer
of incorporation)                    File Number)            Identification No.)

7105 Northland Terrace, Minneapolis, Minnesota                      55428
(Address of principal executive offices)                          (Zip Code)

Registrant's telephone number, including area code  763.592.1900

         (Former name or former address, if changed since last report.)

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 (see General Instruction A.2. below):

|_|  Written communications pursuant to rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Conditions

On January 4, 2005, the Company issued a press release setting forth Ault's
second quarter, 2005 financial results. A copy of the press release is attached
hereto as Exhibit 99.1 and hereby incorporated by reference in this Item 2.02.

Item 9.01 - Financial Statements and Exhibits

99.1 Press release dated January 4, 2005 (furnished pursuant to Item 2.02).


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, thereunto duly authorized.

                                                         AULT INCORPORATED

                                                         By: /s/ Donald L. Henry
                                                         Donald L. Henry
                                                         Chief Financial Officer

Dated: January 4, 2005

Exhibit Index

99.1 Press release, dated January 4, 2005