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NOTE 6 - SOFTWARE DEVELOPMENT COSTS
 9 Months Ended
Sep. 30, 2016
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]
NOTE 6 – SOFTWARE DEVELOPMENT COSTS

The Company specifically recognizes capitalized software costs by its product platforms as follows:

 
  
September 30, 2016
    
December 31, 2015
  
 
  
Gross
    
Accumulated amortization
    
Balance
    
Gross
    
Accumulated amortization
    
Balance
  
 
                                    
QBIX
  
$
1,527,060
      
(534,471
)
    
992,589
    
$
1,527,060
    
$
(305,412
)
  
$
1,221,648
  
QHIX
    
4,823,355
      
(723,501
)
    
4,099,854
      
4,823,355
      
-
      
4,823,355
  
QBLITZ
    
5,701,172
      
-
      
5,701,172
      
3,879,899
      
-
      
3,879,899
  
QEDX
    
3,071,822
      
-
      
3,071,822
      
1,432,622
      
-
      
1,432,622
  
QWEX
    
870,751
      
-
      
870,752
      
-
      
-
      
-
  
 
  
$
15,994,160
      
(1,257,972
)
    
14,736,189
    
$
11,662,936
    
$
(305,412
)
  
$
11,357,524
  

For the nine months ending September 30, 2016, the change in Software Development costs was as follows:

Balance, January 1,
  
$
11,357,524
  
Additions
    
4,331,224
  
Impairment of assets
    
-
  
Amortization
    
(952,560
)
Balance, September 30,
  
$
14,736,189
  

For nine months ending September 30, 2016 and 2015, amortization expense on software development cost was $952,560 and $229,059, respectively. For three months ending September 30, 2016 and 2015, amortization expense on software development cost was $317,520 and $76,353, respectively.

The Company began amortizing the QBIX platform development costs in 2015 and QHIX platform costs in 2016. Based on revised estimates, the Company anticipates the QEDX platform to be offered for sale starting in the first quarter of 2017 and the QBLITZ/QWEX platforms to be offered for sale starting in year 2018.