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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2022
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, 2022 and December 31, 2021:

 

   June 30,   December 31, 
   2022   2021 
    (unaudited)      
Computer equipment  $311,335   $866,459 
Website development   2,155,798    3,076,323 
Furniture and fixtures   47,463    47,463 
Total property and equipment   2,514,596    3,990,245 
Less: Accumulated depreciation   (2,496,915)   (3,920,646)
Total property and equipment, net  $17,681   $69,599 

 

Depreciation expense for the three and six months ended June 30, 2022 was $21,820 and $51,918, respectively, as compared to $53,076 and $101,856 for the three and six months ended June 30, 2021, respectively.