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Platform Development
12 Months Ended
Dec. 31, 2022
Platform Development  
Platform Development

9. Platform Development

 

Platform development costs are summarized as follows:

 

   2022   2021 
   As of December 31, 
   2022   2021 
Platform development  $21,493   $21,997 
Less accumulated amortization   (11,163)   (12,698)
Net platform development  $10,330   $9,299 

 

A summary of platform development activity is as follows:

 Summary of Platform Development Cost Activity

   As of December 31, 
   2022   2021 
Platform development beginning of year  $21,997   $16,029 
Payroll-based costs capitalized   5,179    4,819 
Less dispositions   (7,357)   (460)
Total capitalized payroll-based costs   19,819    20,388 
Stock-based compensation   1,884    2,045 
Impairments   (210)   (436)
Platform development end of year  $21,493   $21,997 

 

Amortization expense for platform development for the year ended December 31, 2022 and 2021 was $5,822 and $4,485, respectively. Amortization expense for platform development is included in cost of revenues on the consolidated statements of operations. Impairment charges for platform development for the years ended December 31, 2022 and 2021 of $210 and $436, respectively, have been recorded on the consolidated statements of operations.