XML 31 R15.htm IDEA: XBRL DOCUMENT v3.25.1
Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

Property and equipment are comprised of the following:

 

   December 31, 2024   December 31, 2023 
Computer hardware and purchased software  $1,867,024   $1,437,023 
Leasehold improvements   395,919    395,919 
Furniture and fixtures   324,296    324,296 
Property and equipment, gross   2,587,239    2,157,238 
Less: accumulated depreciation   (1,493,372)   (1,232,981)
Property and equipment, net  $1,093,867   $924,257 

 

Total depreciation expense on our property and equipment for the years ended December 31, 2024 and 2023 amounted to $269,046 and $255,689, respectively.