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Property and Equipment
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

Property and equipment consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Furniture, fixtures, and office equipment

 

$

2,084,797

 

 

$

1,112,702

 

Computers

 

 

2,242,161

 

 

 

1,733,672

 

Leasehold improvements

 

 

390,748

 

 

 

340,333

 

Total

 

 

4,717,706

 

 

 

3,186,707

 

Less: Accumulated depreciation and amortization

 

 

2,114,643

 

 

 

1,558,268

 

 

 

$

2,603,063

 

 

$

1,628,439

 

 

 

 

 

 

 

 

 

 

 

Depreciation expense for property and equipment was $0.3 million and $0.6 million for the three and six months ended June 30, 2021, respectively. Depreciation expense for property and equipment was $0.3 million and $0.5 million for the three and six months ended June 30, 2020, respectively.