Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

The net carrying value of property and equipment at December 31, 2021 and 2020 was as follows:

	2021		2020
Furniture and fixtures	$	293,152	$	293,152
Equipment	1,164,671		1,052,199
Capitalized labor	12,914,820		11,475,683
Leasehold improvements	458,885		421,016
Subtotal	14,831,528		13,242,050
Less: accumulated depreciation and amortization	(13,324,762)		(12,054,989)
Total	$	1,506,766	$	1,187,061

Depreciation expense was $1,277,664 and $1,372,426, respectively, for the years ended December 31, 2021 and 2020.