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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4. Property and Equipment, Net

 

Property and equipment, net consisted of the following at June 30, 2020 and December 31, 2019:

 

   June 30,
2020		   December 31,
2019		 
   (unaudited)     
Computer equipment  $3,706,017   $3,706,017 
Website development   3,076,323    3,076,323 
Furniture and fixtures   89,027    89,027 
Leasehold improvements   32,726    32,726 
Total property and equipment   6,904,093    6,904,093 
Less: Accumulated depreciation   (6,455,760)   (6,284,034)
Total property and equipment, net  $448,333   $620,059 

 

Depreciation expense for the three and six months ended June 30, 2020 was $82,866 and $171,726, respectively, as compared to $88,820 and $177,435 for the three and six months ended June 30, 2019, respectively.