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Note H - Resalable Software Licenses Rights
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Research, Development, and Computer Software Disclosure [Text Block]

NOTE HRESALABLE SOFTWARE LICENSES RIGHTS

 

On December 31, 2015, the Company purchased third-party software licenses in the amount of $180,000 in anticipation of a large pending deployment that has yet to materialize. The Company was amortizing the total cost at the greater of the actual unit cost per license sold or straight-line amortization over 10 years. Since the license purchase, the actual per unit cost (actual usage) of such license rights in the cumulative amount of $141,190 has been charged to cost of sales. Since the Company did not receive any sales for the license in 2021 or 2022, it accelerated the amortization for the balance of the license in 2022, leaving a carrying balance of $0 as of both  December 31, 2023 and 2022. A total of $48,752 was charged to cost of sales during the year ended December 31, 2022.