Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software

v3.7.0.1
Internally Developed Software
3 Months Ended
Mar. 31, 2017
Internally Developed Softwares  
Internally Developed Software

6. Internally Developed Software

 

Internally developed software consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

 

    

Estimated Useful Life

    

2017

    

2016

Internally developed software

 

 5 years

 

$

35,809

 

$

33,718

Less accumulated amortization

 

 

 

 

(20,017)

 

 

(18,858)

Internally developed software, net

 

 

 

$

15,792

 

$

14,860

 

Amortization expense was as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

    

2017

    

2016

Amortization expense

 

$

1,159

 

$

795