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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
3. Property and Equipment, Net

 

Property and equipment, net consisted of the following at June 30, 2021 and December 31, 2020:

 

   June 30,   December 31, 
   2021   2020 
   (unaudited)       
Computer equipment  $866,459   $866,459 
Website development   3,076,323    3,076,323 
Furniture and fixtures   47,463    47,463 
Total property and equipment   3,990,245    3,990,245 
Less: Accumulated depreciation   (3,836,324)   (3,734,468)
Total property and equipment, net  $153,921   $255,777 

 

Depreciation expense for the three and six months ended June 30, 2021 was $53,076 and $101,856, respectively as compared to $82,866 and $171,726 for the three and six months ended June 30, 2020, respectively.