Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE AND OTHER ASSETS

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INTANGIBLE AND OTHER ASSETS
 6 Months Ended
Jun. 30, 2019
Finite-Lived Intangible Assets, Net [Abstract]  
INTANGIBLE AND OTHER ASSETS

Intangible and other assets consisted of the following for the periods presented:

 

   

June 30,

2019

(unaudited)

    

December 31,

2018

  
       
Capitalized software development costs   $ 1,841,000     $ 1,281,000  
Domain     70,000       68,000  
Trade name (Note 5)     189,000       -  
Copyrights and other     229,000       126,000  
      2,329,000       1,475,000  
Less: accumulated amortization     (960,000 )     (768,000 )
Intangible and other assets, net   $ 1,369,000     $ 707,000  

 

Amortization expense totaled $107,000 and $192,000 for the three and six months ended June 30, 2019, respectively. Amortization expense totaled $56,000 and $107,000 for the three and six months ended June 30, 2018, respectively. Future amortization expense of intangible and other assets is expected to be as follows:

 

For the years ending December 31:

 

Remainder of 2019   $ 244,000  
2020     461,000  
2021     390,000  
2022     114,000  
2023     69,000  
Thereafter     91,000  
Total   $ 1,369,000