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Software Development Costs (Tables)

3 Months Ended

Mar. 31, 2020

Research and Development [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The identifiable intangible assets, other than Goodwill, consists of the following assets:    

	March 31, 2020								December 31, 2019								Useful Life (in years)
	Balance				Accumulated Amortization				Balance				Accumulated Amortization
Content provider networks	$	160,000			$	160,000			$	160,000			$	160,000			2
Trade names	87,000				87,000				87,000				87,000				1
Developed technology	820,000				758,667				820,000				622,167				5
Self-service content customers	2,810,000				1,654,444				2,810,000				1,437,778				3
Managed content customers	2,140,000				2,140,000				2,140,000				2,140,000				3
Domains	166,469				141,499				166,469				133,175				5
Embedded non-compete provision	28,000				23,333				28,000				19,833				2
Total	$	6,211,469			$	4,964,943			$	6,211,469			$	4,599,953

Total identifiable intangible assets from the Company’s acquisitions and other acquired assets net of accumulated amortization thereon consists of the following:

	March 31, 2020				December 31, 2019
Ebyline Intangible Assets	$	2,370,000			$	2,370,000
ZenContent Intangible Assets	722,000				722,000
Domains	166,469				166,469
TapInfluence Intangible Assets	2,953,000				2,953,000
Total	$	6,211,469			$	6,211,469
Less accumulated amortization	(4,964,943		)		(4,599,953		)
Intangible assets, net	$	1,246,526			$	1,611,516

Software development costs consists of the following:

	March 31, 2020				December 31, 2019
Software development costs	$	2,724,021			$	2,673,017
Less accumulated amortization	(1,253,687		)		(1,153,037		)
Software development costs, net	$	1,470,334			$	1,519,980

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

As of March 31, 2020, future estimated amortization expense related to identifiable intangible assets is set forth in the following schedule:

		Intangible Asset Amortization Expense
Remainder of 2020		$	714,137
2021		532,389
Total		$	1,246,526

As of March 31, 2020, future estimated amortization expense related to software development costs is set forth in the following schedule:

	Software Development Amortization Expense
Remainder of 2020	$	304,039
2021	393,283
2022	337,916
2023	297,127
2024	115,206
Thereafter	22,763
Total	$	1,470,334

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- References

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-Section 50
-Paragraph 1
-Subparagraph (a)
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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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