Quarterly report [Sections 13 or 15(d)]

Note 6 - Capitalized Technology

v3.25.1
Note 6 - Capitalized Technology
3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Research, Development, and Computer Software Disclosure [Text Block]

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

   

March 31, 2025

   

December 31, 2024

 

Capitalized cost:

               

Balance, beginning of period

  $ 327,372     $ 186,103  

Additional capitalized cost

    -       242,019  

Provision for amortization

    (28,500 )     (100,750 )

Balance, end of period

  $ 298,872     $ 327,372  

 

Amortization expense related to capitalized technology was approximately $28,500 and $22,967 for the three months ended March 31, 2025 and 2024, respectively, and is recorded in depreciation and amortization expense in the accompanying statements of operations.