Annual report pursuant to Section 13 and 15(d)

Capitalized Technology

v3.23.1
Capitalized Technology
12 Months Ended
Dec. 31, 2022
Research and Development [Abstract]  
Capitalized Technology

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

    2022     2021  
    December 31,  
    2022     2021  
Capitalized cost:                
Balance, beginning of period   $ 43,038     $ 25,867  
Additional capitalized cost     45,196       49,970  
Provision for amortization     (23,735 )     (32,799 )
Balance, end of period   $ 64,499     $ 43,038  

 

Amortization expense related to capitalized technology of $23,735 and $32,799 for the years ended December 31, 2022 and 2021, respectively, is recorded in depreciation and amortization expense in the accompanying consolidated statements of operations.