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Property and Equipment
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

Property and equipment are comprised of the following:

 

   June 30, 2024   December 31, 2023 
Computer hardware and purchased software  $1,633,177   $1,437,023 
Leasehold improvements   395,919    395,919 
Furniture and fixtures   324,296    324,296 
Property and equipment, gross   2,353,392    2,157,238 
Less: accumulated depreciation   (1,354,116)   (1,232,981)
Property and equipment, net  $999,276   $924,257 

 

Total depreciation expense on our property and equipment for the three and six months ended June 30, 2024 and 2023 amounted to $63,321 and $125,149, respectively, and $64,675 and $126,614, respectively.