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Property and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
 
The net carrying value of property and equipment was as follows as of:
 June 30, 2022December 31, 2021
Furniture and fixtures$293,152 $293,152 
Equipment1,246,872 1,164,671 
Capitalized internal use and purchased software13,744,062 12,914,820 
Leasehold improvements458,885 458,885 
Subtotal15,742,971 14,831,528 
Less: accumulated depreciation and amortization(14,054,493)(13,324,762)
Total$1,688,478 $1,506,766 

During the three months ended June 30, 2022 and June 30, 2021, depreciation expense was $372,939 and $314,106, respectively. During the six months ended June 30, 2022 and June 30, 2021, depreciation expense was $729,732 and $619,634, respectively.