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4. Other assets
6 Months Ended
Jun. 30, 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.

 

June 30, 2016   Capitalized Expenses   Accumulated amortization  

Net book

Value

             
Trophy Bingo capitalized development expenses $ 1,446,038 $ 1,205,032 $ 241,006

 

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 June 30, 2016, the Company expensed $251,534 (June 30, 2015 - $318,617) in development costs. The Company has incurred $4,326,553 in total development expenses as at June 30, 2016.