The circuit also has a separate chip that is a timer that can be configured to power the ESP module at different intervals. This is useful for those code challenged people who just want something to happen every 1 minute or 10 minutes or 1 hour. Adding this chip allows the system to run at nA levels when you aren't doing anything.
The board accepts either the ESP-01 module on a header or soldering down one of the ESP-07 or ESP-12 modules. Reverse voltage protection is in place as well as jumper to bypass the timer, apply external power rather than a battery, or remove power to the ESP modules.
Of course there are also headers to the serial connection, a breakout header (with power and ground) for GPIO pins, and a reset button.
Her's a picture of the design which is just slightly larger than a 2 AA battery holder (2.5" x 1.3" / 6.3cm x 3.3cm).
Comments and suggestions are greatly appreciated!!
George