XML 33 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Software Costs (Tables)
9 Months Ended
Sep. 30, 2018
Software Costs [Abstract]  
Schedule of software costs
Cash (paid in December 2016)  $60,000 
2,926,830 shares of the Company’s common stock   2,883,220 
Liabilities assumed   40,140 
Total purchase price  $2,983,360 
      
Cash  $8,672 
Accounts receivable   3,583 
Property and equipment   3,333 
      
Software   1,253,000(1)
      
Goodwill   1,714,772 
      
Assets acquired  $2,983,360 

 

(1)The estimated useful life for software development is assumed at three years. The acquisition was completed in January 2017, however the allocation of proceeds to identifiable assets was recognized during fourth quarter of 2017.