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FIXED ASSETS, NET
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

2.     FIXED ASSETS, NET

 

Fixed assets consist of the following:

        
   June 30,
2022
   December 31,
2021
 
Equipment  $2,098,522   $2,067,834 
Software   323,355    315,855 
Furniture and fixtures   757,662    757,662 
Website costs   69,881    69,881 
Leasehold improvements   229,772    229,772 
    3,479,192    3,441,004 
Less: accumulated depreciation   2,068,245    1,798,023 
Fixed assets, net  $1,410,947   $1,642,981 

 

Depreciation expense for the three months ended June 30, 2022 and 2021 was $134,253 and $133,174, respectively. Depreciation expense for the six months ended June 30, 2022 and 2021 was $270,222 and $265,125, respectively.