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Property and Equipment, Net
 9 Months Ended
Sep. 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 September 30, 2021 and December 31, 2020:

 

   September 30,   December 31, 
   2021   2020 
         
   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   (3,882,415)   (3,734,468)
Total property and equipment, net  $107,830   $255,777 

 

Depreciation expense for the three and nine months ended September 30, 2021 was $46,090 and $147,947, respectively as compared to $77,888 and $249,614 for the three and nine months ended September 30, 2020, respectively.