Capitalized Software Development Costs

6 Months Ended

Jun. 30, 2012

Capitalized Software Development Costs [Abstract]

10. Capitalized Software Development Costs

Capitalized software development costs consisted of the following:

	June 30, 2012			December 31, 2011
Software development costs	$	487,700		$	487,700
Accumulated amortization		(266,900	)		(183,900	)
	$	220,800		$	303,800

Amortization of capitalized software development costs is a component of costs of revenue. Capitalized software development costs amortization aggregated $41,500 and $83,000 during the three and six-month periods ended June 30, 2012, respectively, and $38,800 and $62,000 for the corresponding periods of the prior year, respectively. We recorded $0 and $17,300 of capitalized software development costs during the three-month periods ended June 30, 2012 and 2011, respectively, and $0 and $201,100 of capitalized software development costs during the six-month periods ended June 30, 2012 and 2011, respectively. Such costs capitalized during 2011 were incurred in the development of GO-Global Cloud for Windows and GO-Global iPad Client.

- Definition

The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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Reference 9: http://www.xbrl.org/2003/role/presentationRef

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