XML 23 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fixed Assets
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
5.   Fixed Assets
 
At December 31, 2017 and December 31, 2016, fixed assets, net consisted of the following:
  
 
 
2017
 
2016
 
Office equipment and computers
 
$
46,309
 
$
8,048
 
Furniture and fixtures
 
 
21,220
 
 
-
 
Website development costs
 
 
3,145,308
 
 
540,146
 
 
 
 
3,212,837
 
 
548,194
 
Accumulated depreciation and amortization
 
 
(525,110)
 
 
(390)
 
Fixed assets, net
 
$
2,687,727
 
$
547,804
 
 
In May 2017, the Company launched its website and began amortization of capitalized website development cost. The Company recorded amortization expense of $512,252 in 2017 and none in 2016. The Company recorded depreciation expense of $12,469 and $390 in 2017 and 2016, respectively.