Quarterly report pursuant to Section 13 or 15(d)

4. Software Development Costs (Tables)

v3.20.1
4. Software Development Costs (Tables)
3 Months Ended
Mar. 31, 2020
Research and Development [Abstract]  
Software Development Costs

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

 

    Balance at
December 31,
2019
  Additions   Amortization   Balance at
March 31,
2020
Software Development Costs   $ 696,667      $ 15,592      $ (130,212)     $ 582,047   
    $ 696,667      $ 15,592      $ (130,212)     $ 582,047   
Future Amortization Software

The estimated future amortization expense of software development costs as of March 31, 2020 is as follows:

 

Year ending December 31,    Amount
2020   $ 354,826   
2021     224,892   
2022     2,329   
2023     -   
2024     -   
Thereafter     -   
Total   $ 582,047