Property and Equipment

12 Months Ended

Dec. 31, 2023

Property and Equipment

Property and Equipment

Note 5– Property and Equipment

The net carrying value of property and equipment at December 31, 2023 and 2022 was as follows:

	2023			2022
Furniture and fixtures	$	293,152		$	293,152
Equipment		1,292,528			1,265,752
Capitalized software development costs		16,159,517			14,503,608
Leasehold improvements		458,885			458,885
Subtotal		18,204,082			16,521,397
Less: accumulated depreciation and amortization		(16,523,294	)		(14,852,425	)
Total	$	1,680,788		$	1,668,972

 Depreciation expense was $1,670,868 and $1,527,663, respectively, for the years ended December 31, 2023 and 2022.