Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.19.2
Internally Developed Software (Tables)
6 Months Ended
Jun. 30, 2019
Capitalized Computer Software, Net [Abstract]  
Schedule of components of internally developed software, net
Internally developed software consists of the following:
 
 
 
 
June 30,
 
December 31,
 
 
Estimated Useful Life
 
2019
 
2018
Internally developed software
 
5 years
 
$
85,993

 
$
70,410

Less: accumulated amortization
 
 
 
(37,934
)
 
(32,201
)
Internally developed software, net
 
 
 
$
48,059

 
$
38,209


Schedule of amortization expense
Amortization expense was as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Amortization expense
 
$
3,110

 
$
1,846

 
$
5,733

 
$
3,539