PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2023

7. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:


	March 31, 2023			December 31, 2022
Computer hardware and software	$	262,203		$	262,203
Office furniture and equipment		1,113,980			1,113,980
Leasehold improvements		3,330,855			3,330,855
Property and equipment, gross		4,707,038			4,707,038
Less: accumulated depreciation		(3,275,093	)		(3,093,223	)
Property and equipment, net	$	1,431,945		$	1,613,815

Depreciation expense was $181,870 and $195,719 for the three months ended March 31, 2023 and 2022, respectively.