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Cloud Computing Arrangement
12 Months Ended
Dec. 31, 2019
Cloud Computing Arrangement [Abstract]  
Cloud Computing Arrangement

Note 10. Cloud Computing Arrangement

In 2018, the Company entered into a contract to obtain a cloud computing arrangement (“CCA”).  In accordance with ASU 2018-15, the implementation costs incurred in the CCA were deferred and recognized as other assets and are being amortized to expense over the noncancelable term of the arrangement. The Company capitalized $826,918 in CCA costs for the year ended December 31, 2019 and $395,404 in 2018. The implementation of this CCA was completed on June 30, 2019. Beginning July 1, 2019, the Company went live with the cloud computing Enterprise Resource Planning system and all future related costs are expensed as incurred. In July 2019, the Company began amortizing the related deferred costs over the remaining period of the noncancelable arrangement. Amortization costs for the year ended December 31, 2019 were $141,037.