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Property and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  June 30,
2022
   December 31,
2021
 
Furniture, fixtures and vehicle  2-5 years  $395,468   $391,669 
Website, internal use software and data costs  3 years   19,218,965    16,186,179 
Computers and software  3-7 years   2,932,631    2,281,975 
       22,547,064    18,859,823 
Less: accumulated depreciation and amortization      (14,629,732)   (12,571,947)
Right of use assets, net      1,482,421    1,553,330 
      $9,399,753   $7,841,206 

 

Depreciation and amortization expense were $1,121,492 and $671,887 for the three months ended June 30, 2022 and 2021, respectively, and $2,057,785 and $1,322,514 for the six months ended June 30, 2022 and 2021, respectively.