Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.3.1.900
Property and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Note 4 – Property and Equipment
 
Property and equipment are as follows:
 
 
As of December 31,
 
 
 
2015
 
2014
 
Computer software
 
$
650,386
 
$
459,861
 
Computer hardware
 
 
1,203,021
 
 
725,739
 
Furniture and fixtures
 
 
457,887
 
 
342,452
 
Leasehold improvements
 
 
593,287
 
 
343,734
 
 
 
 
2,904,581
 
 
1,871,786
 
Less – accumulated depreciation
 
 
(1,174,216)
 
 
(356,487)
 
Total property and equipment, net
 
$
1,730,365
 
$
1,515,299
 
 
Total depreciation and amortization expense of the Company’s property and equipment was $817,729, $371,189 and $4,717 for the years ended December 31, 2015, 2014 and 2013, respectively.