Property, Equipment and Software, net

3 Months Ended

Mar. 31, 2023

Property, Equipment and Software, net

Property, Equipment and Software, net

Note 3 — Property, Equipment and Software, net

Property, equipment and software, net consists of the following:

	March 31,		December 31,
	2023		2022
Furniture and fixtures	$	127,932	$	118,601
Computer equipment		19,636		16,985
Leasehold Improvements		36,230		—
Capitalized software		571,850		571,850
Property, equipment and software, gross		755,648		707,436
Less: accumulated depreciation and amortization		(90,711)		(34,218)
Total property, equipment and software, net	$	664,937	$	673,218

The Company moved headquarters in 2022 and capitalized furniture and fixtures, computer equipment and leasehold improvements related to the move.  The Company acquired the license to our proprietary Colossus SSP platform in November 2022 from our third-party developer.  Depreciation and amortization expense related to property, equipment, and software was $56,493 and $0 for the three months ended March 31, 2023 and 2022, respectively.

The following table summarizes depreciation and amortization expense by line item for the three months ended March 31, 2023 and 2022:

	For the Three Months
	Ended
	March 31,
	2023		2022
Cost of revenue	$	47,654	$	—
General and administrative		8,839		—
Total depreciation and amortization	$	56,493	$	—