Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software

v2.4.1.9
Internally Developed Software
3 Months Ended
Mar. 31, 2015
Internally Developed Software  
Internally Developed Software

 

5.Internally Developed Software

 

Internally developed software consists of the following:

 

 

 

 

 

March 31,

 

December 31,

 

 

 

Estimated Useful Life

 

2015

 

2014

 

 

 

 

 

 

 

 

 

Internally developed software

 

5 years

 

$

20,709

 

$

19,577

 

Less accumulated amortization

 

 

 

(13,154

)

(12,554

)

Internally developed software, net

 

 

 

$

7,555

 

$

7,023

 

 

Amortization expense was as follows:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Amortization expense

 

$

600 

 

$

489