Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology

Capitalized Technology

3 Months Ended

Mar. 31, 2018

4. Capitalized Technology

Capitalized technology, net is as follows:

	March 31, 2018		December 31, 2017
Capitalized cost:
Balance, beginning of period	$	2,073,905	$	1,888,791
Additional capitalized cost		28,031		185,114
Balance, end of period	$	2,101,936	$	2,073,905

Accumulated amortization:
Balance, beginning of period	$	1,915,763	$	1,715,423
Provision for amortization		19,047		200,340
Balance, end of period	$	1,934,810	$	1,915,763
Capitalized Technology, net	$	167,126	$	158,142

Amortization expense of $19,047 and $75,652 for the three months ended March 31, 2018 and 2017, respectively, is recorded in depreciation and amortization expense in the accompanying condensed consolidated statements of operations and comprehensive loss.