2016 | 2015 | |||||||
Internally developed software (5-year useful life) | $ | 411,199 | $ | 298,797 | ||||
Customer relationships (10-year useful life) | 621,000 | 621,000 | ||||||
Intellectual property (5-15 years) | 917,350 | 917,350 | ||||||
1,949,549 | 1,837,147 | |||||||
Less: | ||||||||
Accumulated amortization | 423,649 | 238,368 | ||||||
Intangible assets, net | $ | 1,525,900 | $ | 1,598,779 |