Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software

v3.2.0.727
Internally Developed Software
6 Months Ended
Jun. 30, 2015
Internally Developed Software  
Internally Developed Software

 

5.Internally Developed Software

 

Internally developed software consists of the following:

 

 

 

 

June 30,

 

December 31,

 

 

 

Estimated Useful Life

 

2015

 

2014

 

 

 

 

 

 

 

 

 

Internally developed software

 

5 years

 

$

21,785

 

$

19,577

 

Less accumulated amortization

 

 

 

(13,786

)

(12,554

)

 

 

 

 

 

 

 

 

Internally developed software, net

 

 

 

$

7,999

 

$

7,023

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense was as follows:

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

$

632 

 

$

508 

 

$

1,232 

 

$

997