v3.25.1
Property and Equipment
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following:

 

           Estimated Useful 
Type  March 31, 2025   December 31, 2024   Lives (Years) 
             
Computer equipment and software  $1,135,178   $1,135,178    3 - 5 
Leasehold improvements   324,901    306,311    5 
Furniture and fixtures   165,738    165,738    5 - 7 
Property and Equipment - gross   1,625,817    1,607,227      
Less: accumulated depreciation/amortization   (1,102,261)   (1,016,139)     
Property and equipment - net  $523,556   $591,088      

 

Depreciation and amortization expense for the three months ended March 31, 2025 and 2024, were $86,122 and $70,383, respectively.

 

These amounts are included as a component of general and administrative expenses in the accompanying consolidated statements of operations.