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CAPITALIZED SOFTWARE DEVELOPMENT COSTS
9 Months Ended
Sep. 30, 2021
CAPITALIZED SOFTWARE DEVELOPMENT COSTS  
8. CAPITALIZED SOFTWARE DEVELOPMENT COSTS

NOTE 8. CAPITALIZED SOFTWARE DEVELOPMENT COSTS

 

In accordance with ASC 985-20 we capitalized certain software development costs associated with updating our continuing line of product offerings. Capitalized software development costs consist of the following at:

 

 

 

September 30, 2021

 

 

 

 

 

 

(Unaudited)

 

 

December 31, 2020

 

Capitalized Software Development Costs

 

$125,704

 

 

$125,704

 

Less:  Accumulated Amortization

 

 

(104,753)

 

 

(73,327)

Capitalized Software Development Costs - net

 

$20,951

 

 

$52,377

 

 

Amortization expense for the three and nine months ended September 30, 2021 was $10,475 and $31,425, respectively. Amortization expense for the three and nine months ended September 30, 2020 was $10,475 and $31,425, respectively.