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Property and Equipment
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  March 31,
2022
   December 31,
2021
 
Furniture, fixtures and vehicle  2-5 years  $391,669   $391,669 
Website, internal use software and data costs  3 years   17,464,227    16,186,179 
Computers and software  3-7 years   2,557,737    2,281,975 
       20,413,633    18,859,823 
Less: accumulated depreciation and amortization      (13,508,240)   (12,571,947)
Right of use assets, net      1,518,501    1,553,330 
      $8,423,894   $7,841,206 

 

Depreciation and amortization expense were $936,293 and $650,627 for the three months ended March 31, 2022 and 2021, respectively.