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Fixed Assets
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
6.  Fixed Assets
 
At March 31, 2018 and December 31, 2017, fixed assets, net consisted of the following:
 
 
 
March 31,
2018
 
December 31,
2017
 
Office equipment and computers
 
$
65,034
 
$
46,309
 
Furniture and equipment
 
 
21,220
 
 
21,220
 
Website development costs
 
 
4,583,287
 
 
3,145,308
 
 
 
 
4,669,541
 
 
3,212,837
 
Accumulated depreciation and amortization
 
 
(880,253)
 
 
(525,110)
 
Fixed assets, net
 
$
3,789,288
 
$
2,687,727
 
 
In May 2017, the Company launched its website and began amortization of capitalized website development cost. The Company recorded amortization expense of $349,512 in the three months ended March 31, 2018 and $0 in the three months ended March 31, 2017. The Company recorded depreciation expense of $5,630 and $881 in the three months ended March 31, 2018 and in the three months ended March 31, 2017, respectively.