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Property and Equipment
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. PROPERTY AND EQUIPMENT

 

Property and equipment are comprised of the following as of December 31, 2020 and 2019:

 

    2020     2019  
Computer equipment   $ 1,064,676     $ 1,025,287  
Furniture and fixtures     136,524       136,524  
Leasehold improvements     41,257       41,257  
Office equipment     596,621       591,111  
      1,839,078       1,794,179  
Less – Accumulated depreciation and amortization     (1,700,208 )     (1,612,448 )
    $ 138,870     $ 181,731  

 

Depreciation and amortization expense for the years ended December 31, 2020 and 2019 amounted to $87,759 and $117,557, respectively.