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Property and Equipment, Net
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
3. Property and Equipment, Net

 

Property and equipment, net consisted of the following at March 31, 2018 and December 31, 2017:

 

  

March 31,
2018

  

December 31,
2017

 
   (unaudited)     
Computer equipment  $3,706,017   $3,706,017 
Website development   2,422,392    2,342,442 
Furniture and fixtures   89,027    89,027 
Leasehold improvements   32,726    32,726 
Total property and equipment   6,250,162    6,170,212 
Less: Accumulated depreciation   (5,647,490)   (5,547,500)
Total property and equipment, net  $602,672   $622,712 

 

Depreciation expense for the three months ended March 31, 2018 was $99,990, as compared to $130,637 for the three months ended March 31, 2017. 

The Company only holds property and equipment in the United States.