Quarterly report [Sections 13 or 15(d)]

Note 6 - Capitalized Technology

v3.25.2
Note 6 - Capitalized Technology
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Research, Development, and Computer Software Disclosure [Text Block]

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

   

June 30, 2025

   

December 31, 2024

 

Capitalized cost:

               

Balance, beginning of period

  $ 327,372     $ 186,103  

Additional capitalized cost

    -       242,019  

Provision for amortization

    (56,625 )     (100,750 )

Balance, end of period

  $ 270,747     $ 327,372  

 

Amortization expense related to capitalized technology was approximately $28,125 and $24,150 for the three months ended June 30, 2025 and 2024, and was approximately $56,625 and $47,117 for the six months ended  June 30, 2025 and 2024respectively, and is recorded in depreciation and amortization expense in the accompanying statements of operations.