3. PROPERTY AND EQUIPMENT AND CAPITALIZED SOFTWARE

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT AND CAPITALIZED SOFTWARE

Property and equipment:

	December 31, 2018			December 31, 2017
Computer hardware	$	99,357		$	110,541
Computer software		37,884			37,884
Furniture and fixtures		89,580			89,580
Equipment		25,558			25,558
Leasehold improvements		34,162			34,162
		286,541			297,725
Less accumulated depreciation		(241,529	)		(226,122	)
Property and equipment, net	$	45,012		$	71,603

Capitalized software:

	December 31, 2018			December 31, 2017
Capitalized software	$	736,678		$	736,678
Less accumulated amortization		(672,326	)		(567,085	)
Capitalized software, net	$	64,352		$	169,593

During the years ended December 31, 2018 and 2017, the Company recorded depreciation and amortization expense related to its property and equipment and capitalized software of $141,331 and $146,104, respectively.