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Capitalized Software Development Costs, Net
3 Months Ended
Mar. 31, 2020
Research And Development [Abstract]  
Capitalized Software Development Costs, Net

(5) Capitalized Software Development Costs, Net

Capitalized software development costs consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

As of March 31, 2020

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

51,867

 

 

3 years

 

$

(37,473

)

 

$

14,394

 

Total capitalized software development costs

 

$

51,867

 

 

 

 

$

(37,473

)

 

$

14,394

 

 

 

 

 

 

 

 

 

 

As of December 31, 2019

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

49,909

 

 

3 years

 

$

(35,622

)

 

$

14,287

 

Total capitalized software development costs

 

$

49,909

 

 

 

 

$

(35,622

)

 

$

14,287

 

 

The Company capitalized software development costs of $2.0 million and $2.1 million for the three months ended March 31, 2020 and 2019, respectively.   

Amortization expense for capitalized software development costs was $1.9 million and $1.5 million for the three months ended March 31, 2020 and 2019, respectively. Amortization of capitalized software development costs is classified within cost of revenue in the consolidated statements of operations.

The expected amortization of capitalized software development costs, as of March 31, 2020, for each of the following years is as follows (in thousands):

 

 

 

 

 

 

2020 (for the remaining nine months)

 

$

5,770

 

2021

 

 

5,198

 

2022

 

 

3,270

 

2023

 

 

156

 

 

 

$

14,394