Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology (Tables)

v3.4.0.3
Capitalized Technology (Tables)
3 Months Ended
Mar. 31, 2016
Research and Development [Abstract]  
Schedule of Capitalized Technology
Capitalized Technology, net is as follows:
 
   
March 31,
2016
   
December 31,
2015
 
Capitalized cost:
           
Balance, beginning of period
 
$
1,888,791
   
$
1,469,432
 
Additional capitalized cost
   
-
     
419,359
 
Balance, end of period
 
$
1,888,791
   
$
1,888,791
 
                 
Accumulated amortization:
               
Balance, beginning of period
 
$
1,432,268
   
$
943,362
 
Provision for amortization
   
108,329
     
488,906
 
Balance, end of period
 
$
1,540,597
   
$
1,432,268
 
Capitalized Technology, net
 
$
348,194
   
$
456,523