PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS

PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS

Property and equipment is summarized as follows:

	December 31, 2023		December 31, 2022
Furniture and equipment	$	1,463,340	$	1,423,032
Leasehold improvements	306,312		306,312
Less accumulated depreciation	(1,000,899)		(581,381)
Total property and equipment, net	$	768,753	$	1,147,963

Depreciation expense was $419,518 and $319,173 for the years ended December 31, 2023 and 2022 respectively.

Intangible assets, net of accumulated amortization, were $182,974 and $222,100 as of December 31, 2023 and 2022, respectively, and are included in other assets. Amortization expense was $148,764 and $193,333 for the years ended December 31, 2023 and 2022, respectively.