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Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Net Carrying Value of Property and Equipment
The net carrying value of property and equipment was as follows as of:
 
June 30, 2019
 
December 31, 2018
Furniture and fixtures
$
293,152

 
$
293,152

Equipment
1,004,022

 
1,527,054

Capitalized internal use and purchased software
9,718,308

 
9,142,075

Leasehold improvements
421,016

 
421,016

Subtotal
11,436,498

 
11,383,297

Less: accumulated depreciation and amortization
(9,867,993
)
 
(9,259,625
)
Total
$
1,568,505

 
$
2,123,672