NOTE 6 - INTANGIBLE ASSETS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Disclosure Text Block [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets Disclosure [Text Block] |
NOTE 6 – INTANGIBLE ASSETS
Intangible assets consist of the following:
At December 31, 2015, the Company had capitalized software development costs of $2,162,220. Amortization expense relating to the capitalized development costs was $358,171 and $339,255 for the year ended December 31, 2015 and 2014, respectively.
The estimated future amortization of intangible assets over the remaining weighted average useful life of approximately 4 years is as follows:
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