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Property and equipment (Tables)
6 Months Ended
Jun. 30, 2016
Property and equipment  
Schedule of property and equipment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

As of

 

As of

 

 

useful life

 

June 30,

 

December 31,

 

 

(in years)

 

2016

 

2015

Equipment

 

2

-

7

 

$

1,006,334

    

$

958,175

Computer hardware

 

3

-

5

 

 

3,405,534

 

 

3,266,233

Furniture and fixtures

 

5

-

7

 

 

202,859

 

 

192,565

Leasehold improvements

 

3

-

10

 

 

778,104

 

 

746,336

Total property and equipment

 

 

 

 

 

 

5,392,831

 

 

5,163,309

Less: Accumulated depreciation and amortization

 

 

 

 

 

 

(3,789,949)

 

 

(3,351,690)

Property and equipment, net

 

 

 

 

 

$

1,602,882

 

$

1,811,619

 

Schedule of property and equipment depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2016

 

2015

    

2016

    

2015

Depreciation and amortization expense

 

$

277,433

    

$

153,243

 

$

440,559

 

$

324,472