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Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Net Carrying Value of Property and Equipment
The net carrying value of property and equipment was as follows as of:
 September 30, 2020December 31, 2019
Furniture and fixtures$293,152 $293,152 
Equipment1,052,198 1,025,357 
Capitalized internal use and purchased software11,134,880 10,309,298 
Leasehold improvements421,016 421,016 
Subtotal12,901,246 12,048,823 
Less: accumulated depreciation and amortization(11,728,473)(10,674,671)
Total$1,172,773 $1,374,152