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Property and Equipment
6 Months Ended
Jun. 30, 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:
 June 30, 2021December 31, 2020
Furniture and fixtures$293,152 $293,152 
Equipment1,113,720 1,052,199 
Capitalized internal use and purchased software12,157,072 11,475,683 
Leasehold improvements458,885 421,016 
Subtotal14,022,829 13,242,050 
Less: accumulated depreciation and amortization(12,666,732)(12,054,989)
Total$1,356,097 $1,187,061 
During the three and six months ended June 30, 2021, depreciation expense was $314,106 and $619,634, respectively. During the three and six months ended June 30, 2020, depreciation expense was $348,661 and $718,033, respectively.