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5. Capitalization of Software for Resale
3 Months Ended
Mar. 31, 2021
Capitalization Of Software For Resale  
Capitalization of Software for Resale

As of March 31, 2021, there was $507,487 of costs capitalized ($449,445 as of December 31, 2020) and $129,491 of accumulated amortization ($94,540 as of December 31, 2020). During the quarter ended March 31, 2021 there was $34,950 of amortization expense recorded ($9,538 in 2020). Costs incurred prior to reaching technological feasibility are expensed as incurred. Labor amounts expensed related to these development costs amounted to approximately $40,814 and $17,400 during the quarter ended March 31, 2021 and 2020, respectively.