Property and Equipment

6 Months Ended

12 Months Ended

Jun. 30, 2015

Dec. 31, 2014

4. Property and Equipment

Property and equipment consists of the following:


	As of
	June 30,		December 31,
	2015		2014
		(unaudited)		(audited)
Computer equipment	$	217,866	$	216,486
Data center equipment		954,542		444,906
Purchased software		675,623		651,016
Furniture and fixtures		89,773		84,433
Leasehold improvements		64,353		58,024
Total property and equipment		2,002,157		1,454,865
Less: accumulated depreciation		(1,290,976)		(1,158,940)
Net property and equipment	$	711,181	$	295,925

Depreciation expense for the three and six months ended June 30, 2015 was approximately $85,000 and $132,000, respectively, compared to $60,000 and $125,000 for the same periods in the prior year, respectively.

4. Property and Equipment

Property and equipment consists of the following:


	As of
	December 31,		December 31,
	2014		2013
Computer equipment	$	216,486	$	208,593
Data center equipment		444,906		405,057
Purchased software		651,016		570,860
Furniture and fixtures		84,433		59,890
Leasehold improvements		58,024		53,465
Total property and equipment		1,454,865		1,297,865
Less: accumulated depreciation		(1,158,940)		(944,445)
Net property and equipment	$	295,925	$	353,420

Depreciation expense was approximately $214,000 and $346,000, for the years ended 2014 and 2013, respectively.