Property and Equipment

3 Months Ended

Mar. 31, 2022

Property and Equipment

Property and Equipment

8. Property and Equipment

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

	MARCH 31,		DECEMBER 31,
	2022		2021
	(Unaudited)
Computer hardware and software	$	3,147,041	$	2,700,807
Furniture and fixtures		507,537		454,401
Leasehold improvements		293,380		298,352
Automobiles		133,448		137,105
Gross property and equipment		4,081,406		3,590,665
Less: accumulated depreciation and amortization		2,821,794		2,749,532
Property and equipment, net	$	1,259,612	$	841,133

During the three month periods ended March 31, 2022 and 2021, property and equipment depreciation expense was approximately $93,700 and $102,300, respectively.

During the three month periods ended March 31, 2022 and 2021, 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 three month periods ended March 31, 2022 and 2021.