Quarterly report pursuant to Section 13 or 15(d)

3. PROPERTY AND EQUIPMENT

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3. PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment consisted of the following for the periods presented:

 

   

March 31,

2019

   

December 31,

2018

 
             
Furniture and fixtures   $ 313,000     $ 207,000  
Computer hardware     3,107,000       3,195,000  
      3,420,000       3,402,000  
Less: accumulated depreciation     (3,121,000 )     (2,871,000 )
 Property and equipment, net   $ 299,000     $ 531,000  

 

Depreciation expense for property and equipment was $250,000 and $209,000 for the three months ended March 31, 2019 and 2018, respectively.