Annual report pursuant to Section 13 and 15(d)

Capitalized Technology (Tables)

v3.8.0.1
Capitalized Technology (Tables)
12 Months Ended
Dec. 31, 2017
Research and Development [Abstract]  
Schedule of Capitalized Technology

Capitalized Technology, net is as follows:

 

    December 31,  
    2017     2016  
Capitalized cost:                
Balance, beginning of period   $ 1,888,791     $ 1,888,791  
Additional capitalized cost     185,114       -  
Balance, end of period   $ 2,073,905     $ 1,888,791  
                 
Accumulated amortization:                
Balance, beginning of period   $ 1,715,423     $ 1,432,268  
Provision for amortization     200,340       283,155  
Balance, end of period   $ 1,915,763     $ 1,715,423  
Capitalized Technology, net   $ 158,142     $ 173,368