Property and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Major classes of property and equipment consisted of the following as of the periods presented below:

	DECEMBER 31,
	2019		2018
Computer hardware and software	$	2,041,978	$	2,110,298
Furniture and fixtures		399,521		333,539
Leasehold improvements		299,340		268,561
Automobiles		56,800		178,597
Gross property and equipment		2,797,639		2,890,995
Less: accumulated depreciation and amortization		2,116,064		1,878,311
Property and equipment, net	$	681,575	$	1,012,684

During the years ended December 31, 2019 and 2018, the Company purchased for cash property and equipment totaling approximately $370,300 and $261,500, respectively.

During the years ended December 31, 2019 and 2018, property and equipment depreciation expense was approximately $555,400 and $551,305, respectively.

During the years ended December 31, 2019 and 2018, there were no material disposals of owned property and equipment.

There were no changes in the estimated useful lives used to depreciate property and equipment during the years ended December 31, 2019 and 2018.