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Property and Equipment
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

 

Property and equipment are comprised of the following:

 

   September 30, 2022   December 31, 2021 
Computer hardware and purchased software  $1,593,208   $1,494,918 
Leasehold improvements   369,861    295,230 
Furniture and fixtures   71,325    71,325 
Property and equipment, gross   2,034,394    1,861,473 
Less: accumulated depreciation   (963,670)   (769,693)
Property and equipment, net  $1,070,724   $1,091,780 

 

Total depreciation expense on our property and equipment for the three and nine months ended September 30, 2022 and 2021 amounted to $66,286 and $193,977, respectively, and $51,804 and $139,883, respectively.