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Capitalized Technology, Net (Tables)
3 Months Ended
Mar. 31, 2017
Capitalized Technology Net  
Schedule of capitalized technology

Capitalized technology consists of the following:

 

    March 31,
2017
    December 31,
2016
 
Gross value   $ 3,307,363     $ 3,171,414  
Accumulated amortization     (2,385,092 )     (2,237,221 )
Net value   $ 922,271     $ 934,193  
Schedule of estimated amortization expense of capitalized technology

Future annual estimated amortization expense is summarized as follows:

 

Years ending December 31,      
2017 (remaining nine months)   $ 404,761  
2018     349,747  
2019     160,229  
2020     7,534  
    $ 922,271