v3.26.1
Property and Equipment
 3 Months Ended
Mar. 31, 2026
Property and Equipment  
Property and Equipment

Note 3 – Property and Equipment

 

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

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Furniture and fixtures

 

$269,123

 

 

$269,123

 

Equipment

 

 

1,069,956

 

 

 

1,062,765

 

Capitalized software development costs

 

 

19,763,354

 

 

 

19,411,743

 

Leasehold improvements

 

 

467,243

 

 

 

467,243

 

Subtotal

 

 

21,569,676

 

 

 

21,210,874

 

Less: accumulated depreciation and amortization

 

 

(20,002,582)

 

 

(19,581,313)

Total

 

$1,567,094

 

 

$1,629,561

 

 

During the three months ended March 31, 2026 and March 31, 2025, depreciation and amortization expense was $421,411 and $450,666, respectively.