Quarterly report pursuant to Section 13 or 15(d)

Software Development Costs (Tables)

v3.20.2
Software Development Costs (Tables)
9 Months Ended
Sep. 30, 2020
Research and Development [Abstract]  
Schedule of Software Development Costs

The following table presents details of our software development costs as of September 30, 2020 and December 31, 2019:

 

   

Balance at

December 31,

2019

    Additions     Amortization    

Balance at

September 30,

2020

 
Software Development Costs   $ 696,667     $ 196,997     $ (402,211 )   $ 491,453  
    $ 696,667     $ 196,997     $ (402,211 )   $ 491,453  
Schedule of Future Amortization Software

The estimated future amortization expense of software development costs as of September 30, 2020 is as follows:

 

Year ending December 31,   Amount  
2020   $ 115,894  
2021     315,589  
2022     59,970  
2023     -  
2024     -  
Thereafter     -  
Total   $ 491,453