Property and Equipment

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

The net carrying value of property and equipment was as follows as of:

	September 30, 2015			December 31, 2014
Furniture and fixtures	$	70,300		$	67,341
Equipment	2,782,556			2,585,659
Software	9,538,481			8,822,310
Leasehold improvements	305,164			66,903
Subtotal	12,696,501			11,542,213
Less: accumulated depreciation and amortization	(11,275,139		)	(10,582,738		)
Total	$	1,421,362		$	959,475

During the three and nine months ended September 30, 2015, depreciation expense was $229,350 and $615,778, respectively. During the three and nine months ended September 30, 2014, depreciation expense was $225,924 and $725,231, respectively.