5. Property and Equipment

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

5. PROPERTY AND EQUIPMENT

The following table sets forth the components of the Company’s property and equipment at September 30, 2019 and December 31, 2018:

	September 30, 2019							December 31, 2018
	Gross Carrying Amount		Accumulated Depreciation			Net Book Value		Gross Carrying Amount		Accumulated Depreciation			Net Book Value
Computers, software and office equipment	$	2,118,169	$	(1,766,484	)	$	351,685	$	1,937,987	$	(1,508,104	)	$	429,883
Construction in progress		38,648		(–	)		38,648		–		(–	)		–
Machinery and equipment		172,192		(117,937	)		54,255		167,731		(99,900	)		67,831
Vehicles		156,771		(72,404	)		84,367		153,927		(120,728	)		33,199
Furniture and fixtures		391,916		(311,266	)		80,650		381,248		(284,410	)		96,838
Leasehold improvements		1,059,125		(722,372	)		336,753		1,031,687		(623,125	)		408,562
Total fixed assets	$	3,936,821	$	(2,990,463	)	$	946,358	$	3,672,580	$	(2,636,267	)	$	1,036,313

For the nine-month periods ended September 30, 2019 and 2018, the Company recorded depreciation expense of $374,584 and $279,692, respectively.