The LM5015 Non-Isolated DC-DC Regulator evaluation board provides a low cost and fully functional DC-DC regulator without employing any discrete power MOSFET. The evaluation board can be configured as either a Non-Isolated Two-Switch Forward DC-DC Regulator, or a Two-Switch Flyback DC-DC Regulator. The factory default configuration of the evaluation board is Forward topology. The former configuration will produce about 2% higher efficiency and lower output ripple voltage than the flyback. Whereas, the Flyback configuration costs slightly less. Suggestion to reconfigure the evaluation board as an Non-Isolated Two-Switch Flyback DC-DC Regulator is provided at the end of this article.