Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology (Tables)

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Capitalized Technology (Tables)
3 Months Ended
Mar. 31, 2013
Capitalized Technology [Abstract]  
Schedule of Capitalized Technology
Capitalized Technology is as follows:
 
       
   
March 31, 2013
   
December 31, 2012
 
Capitalized cost:
           
Balance, beginning of period
  $ 734,291     $ 376,044  
Additional capitalized cost
    92,466       358,247  
Balance, end of period
  $ 826,757     $ 734,291  
                 
Accumulated amortization:
               
Balance, beginning of period
  $ 331,401     $ 229,897  
Provision for amortization
    51,495       101,504  
Balance, end of period
  $ 382,896     $ 331,401  
Net Capitalized Technology
  $ 443,861     $ 402,890