Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software

v3.20.2
Internally Developed Software
6 Months Ended
Jun. 30, 2020
Research and Development [Abstract]  
Internally Developed Software Internally Developed Software
 
Internally developed software consists of the following:
    June 30, December 31,
  Estimated Useful Life 2020 2019
Internally developed software 5 years $ 130,406    $ 104,703   
Less: accumulated amortization   (52,382)   (44,440)  
Internally developed software, net   $ 78,024    $ 60,263   
 
Amortization expense was as follows:
  Three Months Ended Six Months Ended
  June 30, June 30,
  2020 2019 2020 2019
Amortization expense $ 4,334    $ 3,110    $ 7,942    $ 5,733