Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology

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Capitalized Technology
9 Months Ended
Sep. 30, 2023
Research and Development [Abstract]  
Capitalized Technology

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

    September 30, 2023     December 31, 2022  
Capitalized cost:                
Balance, beginning of period   $ 64,499     $ 43,038  
Additional capitalized cost     103,494       45,196  
Provision for amortization     (39,993 )     (23,735 )
Balance, end of period   $ 128,000     $ 64,499  

 

 

For the three months ended September 30, 2023 and 2022, amortization expense related to capitalized technology was approximately $16,200 and $6,100, and was approximately $40,000 and $15,600 for the nine months ended September 30, 2023 and 2022, and is recorded in depreciation and amortization expense in the accompanying consolidated statements of operations.