PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2019

8. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consisted of the following:


	As of December 31,
	2019		2018
Computer hardware and software	$	8,431,195	$	3,925,129
Furniture, fixture and equipment		20,480		5,910
Total depreciable property and equipment		8,451,675		3,931,039
Less: accumulated depreciation and amortization		(3,377,807)		(1,320,103)
Depreciable property, net		5,073,868		2,610,936
Assets under development		354,284		128,589
Property, plant and equipment, net	$	5,428,152	$	2,739,525

Depreciation expense for the years ended December 31, 2019 and 2018 was $2,057,242, and $869,657 respectively.