v3.26.1
CAPITALIZED SOFTWARE
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
CAPITALIZED SOFTWARE

NOTE 4 – CAPITALIZED SOFTWARE

 

Capitalized software development costs consist primarily of costs incurred to develop and enhance of the Company’s proprietary software platform E6 GOLF® software platform. Software development costs are capitalized when the capitalization criteria are met and are amortized using the straight-line method over their estimated useful lives beginning when the related software is placed into service.

 

The components of capitalized software development costs were as follows:

  

   June 30,   December 31, 
   2026   2025 
Capitalized software  $6,932,629   $4,771,611 
Less accumulated amortization   (2,055,026)   (1,137,950)
Capitalized software costs, net  $4,877,603   $3,633,661 

 

Amortization expense related to capitalized software development costs was $286,513 and $755,726 for the three and six months ended June 30, 2026, respectively, compared with $332,758 and $433,058 for the three and six months ended June 30, 2025, respectively.