PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2022

7. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:


	March 31, 2022			December 31, 2021
Computer hardware and software	$	262,203		$	248,754
Office furniture and equipment		1,185,329			1,185,329
Leasehold improvements		3,330,855			3,330,855
Property and equipment, gross		4,778,387			4,764,938
Less: accumulated depreciation		(2,567,961	)		(2,372,242	)
Property and equipment, net	$	2,210,426		$	2,392,696

Depreciation expense was $195,719 and $272,186 for the three months ended March 31, 2022 and 2021, respectively.