Annual report pursuant to Section 13 and 15(d)

CAPITALIZED SOFTWARE DEVELOPMENT COSTS (Tables)

v3.24.1
CAPITALIZED SOFTWARE DEVELOPMENT COSTS (Tables)
12 Months Ended
Dec. 31, 2023
Research and Development [Abstract]  
SCHEDULE OF CAPITALIZED SOFTWARE DEVELOPMENT COSTS

Capitalized software development costs, net consisted of the following:

 

    2023     2022  
    As of December 31,  
    2023     2022  
             
Beginning balance   $ 6,176     $ 4,348  
                 
Additions     23       2,760  
Amortization     (2,209 )     (932 )
Ending balance   $ 3,990     $ 6,176  
SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE

The expected future amortization expense for capitalized software development costs as of December 31, 2023, is as follows:

 

Year ending   Amortization  
2024   $ 998  
2025     998  
2026     997  
2027     997  
Total amortization   $ 3,990