launched in 2014 (see Note 3). Capitalized Software Costs of internal-use software are accounted for in accordance with FASB ASC Subtopic 350-40. Internal-Use Software, and FASB ASC Subtopic 350-50, Intangibles—Website Development Costs, which require the Company to expense software development costs as they are i

it did not have any effect on the consolidated financial statements. In April 2015 the FASB issued ASU No. 2015-05, Intangibles—Goodwill and Other—Internal-Use Software. The new guidance will help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement by providing guidance as