Annual report pursuant to Section 13 and 15(d)

Internally Developed Software

v3.19.3.a.u2
Internally Developed Software
12 Months Ended
Dec. 31, 2019
Capitalized Computer Software, Net [Abstract]  
Internally Developed Software
Internally Developed Software
 
Internally developed software consisted of the following: 

 
 
 
 
December 31,
 
 
Estimated Useful Life
 
2019
 
2018
Internally developed software
 
5 years
 
$
104,703

 
$
70,410

Less: accumulated amortization
 
 
 
(44,440
)
 
(32,201
)
Internally developed software, net
 
 
 
$
60,263

 
$
38,209


 
Amortization expense was as follows:

 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Amortization expense
 
$
12,042

 
$
8,033

 
$
5,310