Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology (Tables)

v3.20.1
Capitalized Technology (Tables)
3 Months Ended
Mar. 31, 2020
Research and Development [Abstract]  
Schedule of Capitalized Technology

Capitalized Technology, net is as follows:

 

    March 31, 2020     December 31, 2019  
Capitalized cost:                
Balance, beginning of period   $ 2,165,545     $ 2,163,044  
Additional capitalized cost     3,700       2,501  
Balance, end of period     2,169,245       2,165,545  
                 
Accumulated amortization:                
Balance, beginning of period   $ 2,087,886     $ 1,968,213  
Provision for amortization     6,607       101,448  
Balance, end of period     2,094,493       2,069,661  
Capitalized Technology, net     74,752       95,884