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Property and Equipment
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  June 30,
2021
   December 31,
2020
 
Furniture, fixtures and vehicle  2-5 years  $386,988   $303,285 
Website and internal use software  3 years   13,605,156    12,489,441 
Computers and software  3-7 years   1,289,650    1,121,914 
       15,281,794    13,914,640 
Less: accumulated depreciation and amortization      (11,025,993)   (9,703,482)
Right of use assets, net      1,619,416    1,700,538 
      $5,875,217   $5,911,696 

 

Depreciation and amortization expense were $671,887 and $601,357 for the three months ended June 30, 2021 and 2020, respectively and $1,322,511 and $1,060,601 for the six months ended June 30, 2021 and 2020, respectively.