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CAPITALIZED SOFTWARE
3 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Capitalized Software

3.    CAPITALIZED SOFTWARE

 

Capitalized software consists of the following as of December 31, 2018 and September 30, 2018:

 

   December 31, 2018  September 30, 2018
mVSO software  $4,720,063   $4,708,203
MPulse software   6,461,934    6.334.772
Less: accumulated amortization   (2,605,409)   (2,256,749)
Capitalized Software, net  $8,576,588   $8,786,226

 

In accordance with ASC 985-20 the Company capitalized $139,022 in software development costs (including capitalized stock compensation cost of $21,250) related to the enhancements created for our mPulse and mVSO 2.0 platforms during the three months ended December 31, 2018.

 

Capitalized software amortization recorded as product development expense for the three months ended December 31, 2018 and 2017 was $348,660 and $268,208, respectively.