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Property and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

 

Property and equipment are comprised of the following:

 

   December 31, 2023   December 31, 2022 
Computer hardware and purchased software  $1,437,023   $1,352,581 
Leasehold improvements   395,919    395,918 
Furniture and fixtures   324,296    314,396 
Property and equipment, gross   2,157,238    2,062,895 
Less: accumulated depreciation   (1,232,981)   (994,189)
Property and equipment, net  $924,257   $1,068,706 

 

Total depreciation expense on our property and equipment for the years ended December 31, 2023 and 2022 amounted to $255,689 and $229,599, respectively.