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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4. Property and Equipment, Net

Property and equipment, net consisted of the following for the periods presented:


   December 31, 
   2020   2019 
Computer equipment  $866,459   $3,706,017 
Website development   3,076,323    3,076,323 
Furniture and fixtures   47,463    89,027 
Leasehold improvements   -    32,726 
Total property and equipment   3,990,245    6,904,093 
Less: Accumulated depreciation   (3,734,468)   (6,284,034)
Total property and equipment, net  $255,777   $620,059 

Depreciation expense, which includes amortization of website development costs, for the years ended December 31, 2020 and 2019 was $325,044 and $349,082, respectively.


Loss on disposal of property and equipment for the years ended December 31, 2020 and 2019 was $39,238 and $0, respectively, as a result from the termination of one of our office leases.