XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.1
2. FIXED ASSETS, NET
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

2.     FIXED ASSETS, NET

 

Fixed assets consist of the following:

 

   March 31,
2021
   December 31,
2020
 
Equipment  $1,981,603   $1,888,640 
Software   200,282    200,282 
Furniture and fixtures   757,662    752,212 
Website costs   67,816    67,816 
Leasehold improvements   229,772    203,488 
    3,237,135    3,112,438 
Less: accumulated depreciation   1,395,225    1,263,274 
Fixed assets, net  $1,841,910   $1,849,164 

 

Depreciation expense for the three months ended March 31, 2021 and 2020 was $131,950 and $92,328, respectively.