Quarterly report pursuant to Section 13 or 15(d)

4. Software Development Costs (Tables)

v3.20.2
4. Software Development Costs (Tables)
6 Months Ended
Jun. 30, 2020
Research and Development [Abstract]  
Software Development Costs

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

 

    Balance at
December 31,
2019
  Additions   Amortization   Balance at
June 30,
2020
Software Development Costs   $             696,667   $         112,680   $      (261,015)   $         548,332
    $             696,667   $         112,680   $      (261,015)   $         548,332
Future Amortization Software

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

 

Year ending December 31,    Amount
2020   $          244,809
2021              266,461
2022                37,062
2023                      -
2024                      -
Thereafter                      -
Total   $         548,332