Quarterly report pursuant to Section 13 or 15(d)

Capitalized Software

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Capitalized Software
6 Months Ended
Jun. 30, 2024
Capitalized Software [Abstract]  
CAPITALIZED SOFTWARE

NOTE 6 – CAPITALIZED SOFTWARE

 

Capitalized software consists of the following at:

 

(in thousands) 

    June 30,
2024
    December 31,
2023
 
Capitalized software   $ 8,094     $ 8,094  
Accumulated amortization     (7,161 )     (5,967 )
Capitalized software, net   $ 933     $ 2,127  

 

Amortization expense was $1,194 thousand and $1,230 thousand for the six months ended June 30, 2024 and 2023, respectively.

 

Amortization expense was $579 thousand and $615 thousand for the three months ended June 30, 2024 and 2023, respectively.