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Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4. Property and Equipment, Net

 

Property and equipment, net consists of the following:

 

   December 31, 
   2019   2018 
Computer equipment  $3,706,017   $3,706,017 
Website development   3,076,323    2,685,093 
Furniture and fixtures   89,027    89,027 
Leasehold improvements   32,726    32,726 
Total property and equipment   6,904,093    6,512,863 
Less: Accumulated depreciation   (6,284,034)   (5,934,952)
Total property and equipment, net  $620,059   $577,911 

 

Depreciation expense, which includes amortization of website development costs, for the years ended December 31, 2019 and 2018 was $349,082 and $387,452, respectively.