Annual report pursuant to Section 13 and 15(d)

Capitalized Software (Tables)

v3.23.1
Capitalized Software (Tables) - Capitalized Software
12 Months Ended
Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]  
Summary of Capitalized Software

Capitalized software consists of the following at:

 

December 31, 2022

 

 

December 31, 2021

 

Capitalized software

 

$

8,094,385

 

 

$

7,161,571

 

Accumulated amortization

 

 

(3,505,679

)

 

 

(1,186,727

)

Net carrying amount

 

 

4,588,706

 

 

 

5,974,844

 

Capitalized software in-process

 

 

 

 

 

330,010

 

Capitalized software, net

 

$

4,588,706

 

 

$

6,304,854

 

Summary of Estimated Amortization for Capitalized Software

Estimated amortization for capitalized software for future periods is as follows:

Year Ended December 31,

 

 

2023

 

$

2,461,011

 

2024

 

 

1,542,008

 

2025

 

 

496,744

 

2026

 

 

88,943

 

 

$

4,588,706