Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology

Capitalized Technology

6 Months Ended

Jun. 30, 2018

4. Capitalized Technology

Capitalized technology, net is as follows:

	June 30, 2018		December 31, 2017
Capitalized cost:
Balance, beginning of period	$	2,043,122	$	1,860,558
Additional capitalized cost		57,814		182,564
Balance, end of period	$	2,100,936	$	2,043,122

Accumulated amortization:
Balance, beginning of period	$	1,889,741	$	1,698,954
Provision for amortization		34,098		190,787
Balance, end of period	$	1,923,839	$	1,889,741
Capitalized Technology, net	$	177,097	$	153,381

Amortization expense of approximately $15,000 and $35,000 for the three months ended June 30, 2018 and 2017, respectively, and approximately $34,000 and $108,000 for the six months ended June 30, 2018 and 2017, respectively, is recorded in depreciation and amortization expense in the accompanying condensed consolidated statements of operations and comprehensive loss.