Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology

v3.23.2
Capitalized Technology
6 Months Ended
Jun. 30, 2023
Research and Development [Abstract]  
Capitalized Technology

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

    June 30, 2023     December 31, 2022  
Capitalized cost:                
Balance, beginning of period   $ 64,499     $ 43,038  
Additional capitalized cost     61,200       45,196  
Provision for amortization     (23,828 )     (23,735 )
Balance, end of period   $ 101,871     $ 64,499  

 

For the three months ended June 30, 2023 and 2022, amortization expense was approximately $12,900 and $4,600, and was approximately $23,250 and $9,000 for the six months ended June 30, 2023 and 2022, and is recorded in depreciation and amortization expense in the accompanying statements of operations.