Property and Equipment

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

The net carrying value of property and equipment was as follows as of:

	March 31, 2019			December 31, 2018
Furniture and fixtures	$	293,152		$	293,152
Equipment	1,004,022			1,527,054
Capitalized internal use and purchased software	9,446,689			9,142,075
Leasehold improvements	421,016			421,016
Subtotal	11,164,879			11,383,297
Less: accumulated depreciation and amortization	(9,436,407		)	(9,259,625		)
Total	$	1,728,472		$	2,123,672

During the three months ended March 31, 2019 and 2018, depreciation expense was $441,841 and $438,185, respectively.