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

5. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  September 30,
2022
   December 31,
2021
 
Furniture, fixtures and vehicle  2-5 years  $395,468   $391,669 
Website and internal use software  3 years   19,057,770    15,302,020 
Computers and software  3-7 years   3,377,576    2,281,975 
       22,830,814    17,975,664 
Less: accumulated depreciation and amortization      (15,414,565)   (12,485,230)
      $7,416,249   $5,490,434 

 

Depreciation and amortization expense were $1,081,204 and $683,584 for the three months ended September 30, 2022 and 2021, respectively, and $2,929,335 and $2,006,098 for the nine months ended September 30, 2022 and 2021, respectively.