Annual report pursuant to Section 13 and 15(d)

Property and Equipment

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Property and Equipment
 12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

Property and equipment as of December 31, 2017 and 2016 consisted of the following:

 

    December 31,     December 31,  
    2017     2016  
Computers   $ 1,776,463     $ 1,637,949  
Office furniture and equipment     1,078,729       1,005,790  
Transportation equipment     719,947       711,386  
Leasehold improvements     880,273       777,073  
Assets not placed in service     4,415       52,451  
Total property and equipment     4,459,827       4,184,649  
Less accumulated depreciation     (3,074,084 )     (2,595,712 )
Property and equipment – net   $ 1,385,743     $ 1,588,937  

 

Depreciation expense was approximately $634,000 and $527,000 for the years ended December 31, 2017 and 2016, respectively.