XML 16 R9.htm IDEA: XBRL DOCUMENT v3.4.0.3
3. Other assets
3 Months Ended
Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other assets

During the year ended December 31, 2012, the Company commenced development of a social bingo game. During the quarter ended March 31, 2014, the Company launched Trophy Bingo on Android in selected markets. The Company ceased to capitalize the development costs and commenced the amortization of the capitalized development costs over a period of three years.

 

March 31, 2016   Capitalized
Expenses
  Accumulated
amortization
 

Net book
Value

             
Trophy Bingo capitalized development expenses $ 1,446,038 $ 1,084,528 $ 361,510

 

December 31, 2015   Capitalized
Expenses
  Accumulated
amortization
 

Net book
Value

             
Trophy Bingo capitalized development expenses $ 1,446,038 $ 964,025 $ 482,013

 

During the 2015 fiscal year, the Company expensed $1,230,216 in development costs. During the quarter ended March 31, 2016, the Company expensed $217,383 (March 31, 2015 - $313,037) in development costs. The Company has incurred $4,075,019 in total development expenses as at March 31, 2016.