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FIXED ASSETS, NET
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

2.     FIXED ASSETS, NET

 

Fixed assets consist of the following:

          
   March 31,
2022
   December 31,
2021
 
Equipment  $2,080,621   $2,067,834 
Software   315,855    315,855 
Furniture and fixtures   757,662    757,662 
Website costs   69,881    69,881 
Leasehold improvements   229,772    229,772 
    3,453,791    3,441,004 
Less: accumulated depreciation   1,933,992    1,798,023 
Fixed assets, net  $1,519,799   $1,642,981 

 

Depreciation expense for the three months ended March 31, 2022 and 2021 was $135,969 and $131,951, respectively.