Quarterly report pursuant to Section 13 or 15(d)

Capitalized Software

v3.19.2
Capitalized Software
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Capitalized Software

Capitalized software consists of the following as of:

 

    As of  
   

June 30,

2019

   

December 31,

2018

 
Software   $ 1,418,765     $ 1,324,275  
Accumulated amortization     (870,113 )     (665,183 )
Total   $ 548,652     $ 659,092  

 

Minimum future amortization expense for capitalized software from June 30, 2019 is as follows:

 

Year   Amortization Expense  
2019 (remaining six months)   $ 183,219  
2020     254,859  
2021     104,969  
2022     5,605  
Total amortization expense   $ 548,652