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Property and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  December 31,
2021
   December 31,
2020
 
Furniture, fixtures and vehicle  2-5 years  $391,669   $303,285 
Website, internal use software and data cost  3 years   16,186,179    12,489,441 
Computers and software  3-7 years   2,281,975    1,121,914 
       18,859,823    13,914,640 
Less: accumulated depreciation and amortization      (12,571,947)   (9,703,482)
Right of use assets, net      1,553,330    1,700,538 
      $7,841,206   $5,911,696 

 

Depreciation and amortization expense were $2,872,826 and $2,268,211 for the years ended December 31, 2021 and 2020, respectively.