Property and Equipment

3 Months Ended

Mar. 31, 2022

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, 2022		December 31, 2021
Furniture and fixtures	$	293,152	$	293,152
Equipment	1,188,802		1,164,671
Capitalized internal use and purchased software	13,357,323		12,914,820
Leasehold improvements	458,885		458,885
Subtotal	15,298,162		14,831,528
Less: accumulated depreciation and amortization	(13,681,555)		(13,324,762)
Total	$	1,616,607	$	1,506,766

During the three months ended March 31, 2022 and March 31, 2021, depreciation expense was $356,793 and $305,528, respectively.