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Property and Equipment
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

7. Property and Equipment

Property and equipment consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Furniture, fixtures, and office equipment

 

$

1,026,991

 

 

$

944,105

 

Computers

 

 

1,183,916

 

 

 

859,426

 

Leasehold improvements

 

 

320,296

 

 

 

223,145

 

Total

 

 

2,531,203

 

 

 

2,026,676

 

Less: Accumulated depreciation and amortization

 

 

654,821

 

 

 

416,024

 

 

 

$

1,876,382

 

 

$

1,610,652

 

 

Depreciation expense for property and equipment was $0.2 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively.