Estimated

 

 

 

 

 

 

 

 

useful life

 

December 31,

 

 

(in years)

 

2016

 

2015

Equipment

    

2

-

7

    

$

998,722

    

$

958,175

Computer hardware

 

3

-

5

 

 

3,637,938

 

 

3,266,233

Furniture and fixtures

 

5

-

7

 

 

256,889

 

 

192,565

Leasehold improvements

 

3

-

10

 

 

1,037,386

 

 

746,336

Total property and equipment, gross

 

 

 

 

 

 

5,930,935

 

 

5,163,309

Less: Accumulated depreciation and amortization

 

 

 

 

 

 

(4,256,525)

 

 

(3,351,690)

Property and equipment, net

 

 

 

 

 

$

1,674,410

 

$

1,811,619