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Property and Equipment, Net
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
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. 
4. Property and Equipment

 

Property and equipment consists of the following:

 

   December 31, 
  2017   2016 
Computer equipment  $3,706,017   $3,720,985 
Website development   2,342,442    2,050,980 
Furniture and fixtures   89,027    89,027 
Leasehold improvements   32,726    32,726 
Total property and equipment   6,170,212    5,893,718 
Less: Accumulated depreciation   (5,547,500)   (5,100,413)
Total property and equipment, net  $622,712   $793,305 

 

Depreciation expense, which includes amortization of website development costs, for the years ended December 31, 2017 and 2016 was $447,746 and $568,028, respectively.

 

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