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Property and Equipment
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment
9. Property and Equipment

 

Property and equipment are comprised of the following:

 

    June 30, 2020     December 31, 2019  
Computer hardware and purchased software   $ 964,332     $ 259,959  
Leasehold improvements     221,666       221,666  
Furniture and fixtures     135,496       82,056  
      1,321,494       563,681  
Less: accumulated depreciation and amortization     (603,813 )     (556,762 )
Property and equipment, net   $ 717,681     $ 6,919  

 

Total depreciation expense on the Company’s property and equipment for the three and six months ended June 30, 2020 and 2019 amounted to $34,814 and $47,050, respectively, and $2,099 and $4,007, respectively.