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Property and Equipment
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
 
The net carrying value of property and equipment was as follows as of:
 March 31, 2021December 31, 2020
Furniture and fixtures$293,152 $293,152 
Equipment1,108,686 1,052,199 
Capitalized internal use and purchased software11,798,641 11,475,683 
Leasehold improvements445,080 421,016 
Subtotal13,645,559 13,242,050 
Less: accumulated depreciation and amortization(12,352,626)(12,054,989)
Total$1,292,933 $1,187,061 
During the three months ended March 31, 2021 and March 31, 2020, depreciation expense was $305,528 and $369,372, respectively.