Quarterly report pursuant to Section 13 or 15(d)

Capitalized Software

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Capitalized Software
3 Months Ended
Mar. 31, 2024
Capitalized Computer Software, Net [Abstract]  
Capitalized Software

NOTE 6 – CAPITALIZED SOFTWARE

Capitalized software consists of the following at:

(in thousands)

 

March 31, 2024

 

 

December 31, 2023

 

Capitalized software

 

$

8,094

 

 

$

8,094

 

Accumulated amortization

 

 

(6,582

)

 

 

(5,967

)

Capitalized software, net

 

$

1,512

 

 

$

2,127

 

 

Amortization expense was $615 thousand and $616 thousand for the three months ended March 31, 2024 and 2023, respectively.