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Property and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

 

Property and equipment are comprised of the following:

 

   June 30, 2025   December 31, 2024 
Computer hardware and purchased software  $2,119,555   $1,867,024 
Leasehold improvements   395,919    395,919 
Furniture and fixtures   324,296    324,296 
Property and equipment, gross   2,839,770    2,587,239 
Less: accumulated depreciation   (1,644,004)   (1,493,372)
Property and equipment, net  $1,195,766   $1,093,867 

 

Total depreciation expense on our property and equipment for the three and six months ended June 30, 2025 and 2024 amounted to $74,317 and $150,632, respectively, and $63,321 and $125,149, respectively.