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Balance Sheet Components | 3 Months Ended
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Mar. 31, 2020
Balance Sheet Components |
Balance Sheet Components | 3. Balance Sheet Components The components of certain balance sheet amounts are as follows: Accounts Receivable – Accounts receivable are presented net of allowance for doubtful accounts. The allowance for doubtful accounts as of March 31, 2020 and December 31, 2019 was $518,111 and $304,129, respectively. Subscription Acquisition Costs – Subscription acquisition costs include the incremental costs of obtaining a contract with a customer, paid to external parties, if it expects to recover those costs. The current portion of the subscription acquisition costs as of March 31, 2020 and December 31, 2019 was $6,269,758 and $3,142,580, respectively. The noncurrent portion of the subscription acquisition costs as of March 31, 2020 and December 31, 2019 was $3,394,768 and $3,417,478, respectively. Certain contract amendments resulted in a modification to the subscription acquisition costs that will be recognized on a prospective basis in the same proportion as the revenue that has not yet been recognized (further details are provided in Note 11). Platform Development – Platform development costs are summarized as follows:
|  | As of |
|  | March 31, 2020 |  |  | December 31, 2019 |
Platform development |  | $ | 11,902,670 |  |  | $ | 10,678,692 |
Less accumulated amortization |  |  | (5,706,797 | ) |  |  | (4,785,973 | )
Net platform development |  | $ | 6,195,873 |  |  | $ | 5,892,719 |
A summary of platform development activity for the three months ended March 31, 2020 and year ended December 31, 2019 is as follows:
|  | As of |
|  | March 31, 2020 |  |  | December 31, 2019 |
Platform development beginning of period |  | $ | 10,678,692 |  |  | $ | 6,833,900 |
Payroll-based costs capitalized during the period |  |  | 853,926 |  |  |  | 2,537,402 |
Total capitalized costs |  |  | 11,532,618 |  |  |  | 9,371,302 |
Stock-based compensation |  |  | 370,052 |  |  |  | 1,307,390 |
Platform development end of period |  | $ | 11,902,670 |  |  | $ | 10,678,692 |
Amortization expense for the three months ended March 31, 2020 and 2019, was $920,824 and $587,470, respectively. Intangible Assets – Intangible assets subject to amortization consisted of the following:
|  | As of March 31, 2020 |  |  | As of December 31, 2019 |
|  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed technology |  | $ | 20,055,866 |  |  | $ | (5,209,664 | ) |  | $ | 14,846,202 |  |  | $ | 19,138,104 |  |  | $ | (4,090,359 | ) |  | $ | 15,047,745 |
Noncompete agreement |  |  | 480,000 |  |  |  | (312,000 | ) |  |  | 168,000 |  |  |  | 480,000 |  |  |  | (252,000 | ) |  |  | 228,000 |
Trade name |  |  | 3,328,000 |  |  |  | (294,395 | ) |  |  | 3,033,605 |  |  |  | 3,328,000 |  |  |  | (224,745 | ) |  |  | 3,103,255 |
Subscriber relationships |  |  | 73,458,799 |  |  |  | (7,217,138 | ) |  |  | 66,241,661 |  |  |  | 73,458,799 |  |  |  | (3,587,837 | ) |  |  | 69,870,962 |
Advertiser relationships |  |  | 2,240,000 |  |  |  | (154,103 | ) |  |  | 2,085,897 |  |  |  | 2,240,000 |  |  |  | (94,635 | ) |  |  | 2,145,365 |
Database |  |  | 1,140,000 |  |  |  | (246,183 | ) |  |  | 893,817 |  |  |  | 1,140,000 |  |  |  | (151,183 | ) |  |  | 988,817 |
Subtotal amortizable intangible assets |  |  | 100,702,665 |  |  |  | (13,433,483 | ) |  |  | 87,269,182 |  |  |  | 99,784,903 |  |  |  | (8,400,759 | ) |  |  | 91,384,144 |
Website domain name |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |  |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |
Total intangible assets |  | $ | 100,722,665 |  |  | $ | (13,433,483 | ) |  | $ | 87,289,182 |  |  | $ | 99,804,903 |  |  | $ | (8,400,759 | ) |  | $ | 91,404,144 |
Amortization expense for the three months ended March 31, 2020 and 2019 was $5,032,724 and $834,900, respectively. No impairment charges have been recorded during the three months March 31, 2020 and 2019.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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