Property and Equipment, Net

12 Months Ended

Dec. 31, 2025

Property and Equipment, Net

Property and Equipment, Net

5. Property and Equipment, Net

The components of property and equipment, net were as follows:

	December 31,
	2025		2024
Computer equipment	$	738,809	$	1,548,538
Computer software		1,199,373		5,123,755
Equipment		22,869		4,827
Furniture and fixtures		3,233		163,756
Leasehold improvements		140,881		687,024
Total		2,105,165		7,527,900
Less: Accumulated depreciation and amortization		(1,270,370)		(6,757,352)
Total	$	834,795	$	770,548

Depreciation and amortization expense on property and equipment for the years ended December 31, 2025 and 2024 was $1,012,872 and $1,206,215, respectively.