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Software, Net | 12 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Software, Net | 6. Software, Net Software consisted of the following as of the periods indicated:
|  | As of December 31, |
|  | 2019 |  |  | 2018 |
Robo-Advisor |  | $ | 763,000 |  |  | $ | 763,000 |
Other Software |  |  | 1,771,000 |  |  |  | 459,000 |
Total Software |  |  | 2,534,000 |  |  |  | 1,222,000 |
Less accumulated amortization – Robo-Advisor |  |  | (254,000 | ) |  |  | — |
Less accumulated amortization – Other software |  |  | (392,000 | ) |  |  | (85,000 | )
Total Software, net |  | $ | 1,888,000 |  |  | $ | 1,137,000 |
The Company generally recognizes software initially at cost and amortizes it over the estimated useful life of 3 years. In line with the Company’s policy, the basis for determining the amount capitalized for the Robo-Advisor software was determined based on the price paid to acquire STCH. As of December 31, 2019, the Company estimates future amortization of software assets of $852,000, $747,000, $269,000, and $20,000 in the years ended December 31, 2020, 2021, 2022, and 2023, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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