Other Assets

3 Months Ended

Mar. 31, 2022

Other Assets

Other Assets

Note 7 - Other Assets

	March 31,		December 31,
	2022		2021
Private Corporation Investments (at cost)	$	450,000	$	450,000
Software Development Costs		750,000		500,000
Additions		125,000		250,000
Less: Accumulated Amortization		(250,000)		(208,334)
Software Development Costs, Net		625,000		541,666
Unamortized Common Stock Expense included in Long-Term Prepaid Expenses		370,897		491,923
Total Other Assets	$	1,445,897	$	1,483,589

During 2020, the Company invested $500,000 in Android operating systems upgrades for its CPU platform used on its M400 and M4000 products. This upgrade was finished and placed into service in the beginning of the fourth quarter of 2020.  This capitalized asset is being amortized on a straight-line over its expected product life cycle of 36 months, which began on October 1, 2020. In October 2021, the Company invested $250,000 and in the first quarter of 2022 the Company invested an additional $125,000 for further Android operating systems version upgrades to the CPU platform it uses on its M400 and M4000 products. This development work has not yet been completed and will ultimately be amortized once placed into service which the Company expects to occur by early 2023.