Internal Use Software Development Costs |
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Mar. 31, 2025 | |||||||||||||||||||||||||||||||
Research and Development [Abstract] | |||||||||||||||||||||||||||||||
Internal Use Software Development Costs | Note 5 – Internal Use Software Development Costs
Internal Use Software Development Costs consisted of the following:
Costs incurred for Internal Use Software Development Costs
At December 31, 2024, the Company determined that there was no future use for its capitalized internal use software development costs based upon its current and expected future operations. As a result, the Company recorded an impairment loss of $316,594 and removed the gross amount of its capitalized costs totaling $668,484. See Note 1.
For the three months ended March 31, 2024, amortization of internal software development costs was $55,707. For the three months ended March 31, 2025, the amortization was as the software was impaired during 2024.
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