XML 36 R13.htm IDEA: XBRL DOCUMENT v3.23.2
Property and Equipment
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

 

Property and equipment are comprised of the following:

 

   June 30, 2023   December 31, 2022 
Computer hardware and purchased software  $1,661,438   $1,595,652 
Leasehold improvements   395,919    395,918 
Furniture and fixtures   71,325    71,325 
Property and equipment, gross   2,128,682    2,062,895 
Less: accumulated depreciation   (1,103,906)   (994,189)
Property and equipment, net  $1,024,776   $1,068,706 

 

Total depreciation expense on our property and equipment for the three and six months ended June 30, 2023 and 2022 amounted to $64,675 and $126,614, respectively, and $67,699 and $127,691, respectively.