Software Development Costs

9 Months Ended

Sep. 30, 2014

The gross carrying amount and accumulated amortization of software development costs as of September 30, 2014 and December 31, 2013 are as follows:



	September 30, 2014			December 31, 2013
Software development costs:
Gross carrying amount	$	2,819,785		$	2,718,900
Accumulated amortization	(1,268,770		)	(922,825		)
Software development costs, net	$	1,551,015		$	1,796,075

During the three months ended September 30, 2014 and 2013, the Company recorded $121,821 and $82,063, respectively, of amortization expense related to capitalized software costs. During the nine months ended September 30, 2014 and 2013, the Company recorded $345,945 and $246,188, respectively, of amortization expense related to capitalized software costs.