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Property and Equipment
3 Months Ended
Mar. 31, 2023
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  March 31,
2023
   December 31,
2022
 
Furniture, fixtures and vehicle  2-5 years  $395,468   $395,468 
Website and internal use software  3 years   21,838,271    20,542,457 
Computers and software  3-7 years   4,130,089    3,672,103 
       26,363,828    24,610,028 
Less: accumulated depreciation and amortization      (17,686,514)   (16,523,166)
      $8,677,314   $8,086,862 

 

Depreciation and amortization expense for property and equipment was $1,163,349 and $847,574 for the three months ended March 31, 2023 and 2022, respectively.