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

 

Property and equipment are comprised of the following:

 

    September 30, 2020     December 31, 2019  
Computer hardware and purchased software   $ 998,007     $ 259,959  
Leasehold improvements     275,106       221,666  
Furniture and fixtures     82,056       82,056  
      1,355,169       563,681  
Less: accumulated depreciation and amortization     (639,169 )     (556,762 )
Property and equipment, net   $ 716,000     $ 6,919  

 

Total depreciation expense on the Company’s property and equipment for the three and nine months ended September 30, 2020 and 2019 amounted to $35,357 and $82,407, respectively, and $1,901 and $5,908, respectively.