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Property and Equipment
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

 

Property and equipment are comprised of the following:

 

   March 31, 2025   December 31, 2024 
Computer hardware and purchased software  $1,977,901   $1,867,024 
Leasehold improvements   395,919    395,919 
Furniture and fixtures   324,296    324,296 
Property and equipment, gross   2,698,116    2,587,239 
Less: accumulated depreciation   (1,565,190)   (1,493,372)
Property and equipment, net  $1,132,926   $1,093,867 

 

Total depreciation expense on our property and equipment for the three months ended March 31, 2025 and 2024 amounted to $76,315 and $61,828, respectively.