As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
AT THE ANNUAL INSPECTION OF THE ELT FOUND THE BATTERY VOLTAGE AT (ZERO) 0 VDC. BY TAPPING ON THE LOWER PORTION OF THE BATTERY THE VOLTAGE WOULD JUMP UP TO 14.5 VDC. ABLE TO CONCLUDE THAT THERE WAS AN INTERMITTENT CONNECTION INTERNAL TO THE BATTERY. ATTERY WAS HALF WAY THROUGH ITS TIME CYCLE. BATTERY REPLACED WITH NEW.