ha thats funny let me guess you had no battery hooked up the the output leads just a volt meter right..........all hyperion chargers (and most of other brands not all) will show a high voltage with no battery plugged into it and as far as the input voltage is concerned it reads the voltage after the built in 12v power supply so 13.945v with no load sounds about right

theres nothing wrong with that charger at all, hook a battery up and i bet it reads the correct voltage and works as should