Web-Based Technology |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Web-Based Technology [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| WEB-BASED TECHNOLOGY | NOTE 5 – WEB-BASED TECHNOLOGY
The Company has capitalized costs in developing its web-based technology, which consisted of the following as of December 31, 2015 and 2014:
Amortization is recorded using the straight-line method over a period of up to five years. During 2014, the Company launched its SampleMD 2.0 web-based technology. All remaining carrying value at December 31, 2015 relates to the SampleMD 2.0 web-based technology. Amortization expense for the web-based technology costs was $261,572 and $192,760 for the years ended December 31, 2015 and 2014, respectively. |
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