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Property and Equipment
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

Property and equipment are comprised of the following:

 

   September 30, 2024   December 31, 2023 
Computer hardware and purchased software  $1,825,425   $1,437,023 
Leasehold improvements   395,919    395,919 
Furniture and fixtures   324,296    324,296 
Property and equipment, gross   2,545,640    2,157,238 
Less: accumulated depreciation   (1,423,152)   (1,232,981)
Property and equipment, net  $1,122,488   $924,257 

 

Total depreciation expense on our property and equipment for the three and nine months ended September 30, 2024 and 2023 amounted to $69,036 and $194,185, respectively, and $64,590 and $191,204, respectively.