| Schedule of intangible assets |
| |
|
Weighted average remaining amortization period (in years) |
|
|
Gross carrying amount |
|
|
Accumulated amortization |
|
|
Net
carrying
amount |
|
| Acquired developed technology |
|
|
4.42 |
|
|
$ |
7,370,000 |
|
|
$ |
(679,696 |
) |
|
$ |
6,690,304 |
|
| Acquired trade names |
|
|
7.40 |
|
|
|
420,000 |
|
|
|
(23,248 |
) |
|
|
396,752 |
|
| Customer relationships |
|
|
1.75 |
|
|
|
220,000 |
|
|
|
(24,475 |
) |
|
|
195,525 |
|
| Other intangible assets, not yet placed into service |
|
|
N/A |
|
|
|
211,394 |
|
|
|
— |
|
|
|
211,394 |
|
| Intangible assets |
|
|
|
|
|
$ |
8,221,394 |
|
|
$ |
(727,419 |
) |
|
$ |
7,493,975 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Capitalized software - In-service |
|
|
1.86 |
|
|
|
2,852,044 |
|
|
|
(560,528 |
) |
|
|
2,291,516 |
|
| Capitalized software - Work in Progress |
|
|
N/A |
|
|
|
337,788 |
|
|
|
— |
|
|
|
337,788 |
|
| Total Capitalized Software |
|
|
|
|
|
|
3,189,832 |
|
|
|
(560,528 |
) |
|
|
2,629,304 |
|
| Total finite-lived intangible assets |
|
|
|
|
|
$ |
11,411,226 |
|
|
$ |
(1,287,947 |
) |
|
$ |
10,123,279 |
|
| Schedule of capitalized software and purchased intangible assets |
| |
|
Acquired Intangible Assets |
|
|
Capitalized Software |
|
| 2021 |
|
$ |
1,711,444 |
|
|
$ |
1,325,851 |
|
| 2022 |
|
|
1,663,607 |
|
|
|
806,012 |
|
| 2023 |
|
|
1,490,511 |
|
|
|
63,838 |
|
| 2024 |
|
|
1,469,778 |
|
|
|
63,838 |
|
| 2025 |
|
|
813,444 |
|
|
|
31,977 |
|
| Thereafter |
|
|
133,797 |
|
|
|
— |
|
| Total |
|
$ |
7,282,581 |
|
|
$ |
2,291,516 |
|