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EQUIPMENT AND SOFTWARE LICENSES
6 Months Ended
Jun. 30, 2019
EQUIPMENT AND SOFTWARE LICENSES  
5. EQUIPMENT AND SOFTWARE LICENSES

Equipment and software licenses consist of the following:

 

 

June 30,

 

December 31,

 

2019

 

2018

 

Equipment and software

 

$

1,004,771

 

$

1,124,245

 

Software licenses

 

956,218

 

966,754

 

1,960,989

 

2,090,999

 

Less - Accumulated depreciation and amortization

 

(1,583,604

)

 

(1,593,166

)

 

$

377,385

 

$

497,833

 

Depreciation and Amortization expense for the three and six months ended June 30, 2019 and 2018 was approximately $83,994 and $168,768 and $105,857 and $214,676, respectively.