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Property and Equipment
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

 

Property and equipment are comprised of the following:

 

   March 31, 2023   December 31, 2022 
Computer hardware and purchased software  $1,601,116   $1,578,756 
Leasehold improvements   395,919    395,918 
Furniture and fixtures   71,325    71,325 
Property and equipment, gross   2,068,360    2,062,895 
Less: accumulated depreciation   (1,039,233)   (977,293)
Property and equipment, net  $1,029,127   $1,068,706 

 

Total depreciation expense on our property and equipment for the three months ended March 31, 2023 and 2022 amounted to $61,939 and $59,991, respectively.