Quarterly report pursuant to Section 13 or 15(d)

Capitalized Technology

v3.23.1
Capitalized Technology
3 Months Ended
Mar. 31, 2023
Research and Development [Abstract]  
Capitalized Technology

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

                 
    March 31, 2023     December 31, 2022  
Capitalized cost:                
Balance, beginning of period   $ 64,499     $ 43,038  
Additional capitalized cost     29,800       45,196  
Provision for amortization     (10,605 )     (23,735 )
Balance, end of period   $ 83,694     $ 64,499  

 

 

For the three months ended March 31, 2023 and 2022, amortization expense was approximately $10,600 and $4,400, respectively, and is recorded in depreciation and amortization expense in the accompanying statements of operations.