Note 4 – Capitalized Software

Capitalized software consisted of the following as of:

In November 2025, the Company acquired RSO and the technology platform acquired is included in capitalized software; see Note 3. Including RSO, the Company capitalized $5,000 and $31,000 of software development costs for the three and six months ended June 30, 2026, with approximately nil and $25,000 being placed in service, respectively. Amortization expense was approximately $89,000 and $181,000 for the three and six months ended June 30, 2026, respectively.

For the three and six months ended June 30, 2025, the Company capitalized approximately $40,000 of software costs, with nil being placed in use as of June 30, 2025.