Post-effective amendment to a registration statement that is not immediately effective upon filing

SOFTWARE DEVELOPMENT COSTS (Tables)

v3.20.2
SOFTWARE DEVELOPMENT COSTS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
SOFTWARE DEVELOPMENT COSTS [Abstract]    
Schedule of Software Development Costs

Software development costs consisted of the following at June 30, 2020 and December 31, 2019:

 

 

 

June 30,

2020

 

 

December 31, 2019

 

Software Development Costs

 

$

60,000

 

 

$

60,000

 

Less: Accumulated amortization

 

 

(50,000

)

 

 

(40,000

)

Total

 

$

10,000

 

 

$

20,000

 

These software products were developed by a third-party and had passed the preliminary project stage prior to capitalization.


 

 

2019

 

 

2018

 

Software development costs

 

$

60,000

 

 

$

60,000

 

Less: Accumulated amortization

 

 

(40,000

)

 

 

(20,000

)

 

 

$

20,000

 

 

$

40,000