Annual report pursuant to Section 13 and 15(d)

Property and Equipment

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Property and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following:
December 31,
2023 2022
Office and computer equipment $ 4,169,576  $ 5,207,833 
Leasehold improvements 12,013,250  17,842,901 
Internally developed software 5,399,698  5,843,758 
Finance lease assets 151,396  151,396 
21,733,920  29,045,888 
Accumulated depreciation and amortization (12,005,459) (12,675,085)
9,728,461  16,370,803 
Construction in progress 1,315,856  1,104,349 
Property and Equipment, net $ 11,044,317  $ 17,475,152 
Depreciation expense was $5,117,723 and $4,092,669 for the years ended December 31, 2023 and 2022, respectively.
Amortization expense related to finance lease assets was $30,279 and $55,572 for the years ended December 31, 2023 and 2022, respectively.
Construction in progress at December 31, 2023 and December 31, 2022 principally related to development and construction costs for the Company-owned or managed clinics.