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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2021
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,
    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     (3,920,646 )     (3,734,468 )
Total property and equipment, net   $ 69,599     $ 255,777  

 

Depreciation expense, which includes amortization of website development costs, for the years ended December 31, 2021 and 2020 was $186,178 and $325,044, respectively.

 

Loss on disposal of property and equipment for the years ended December 31, 2021 and 2020 was $0 and $39,238, respectively, as a result from the termination of one of our office leases.