v3.21.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of breakout of revenue components by subcategory

 

 

2020

 

 

2019

 

Insurance and administration fees

 

$

12,819,157

 

 

$

7,845,803

 

Transaction fees

 

 

11,391,090

 

 

 

6,623,894

 

Other fees

 

 

1,441,012

 

 

 

1,953,498

 

Incentives and rebates

 

 

(419,518

)

 

 

(568,271

)

Net revenue

 

$

25,231,741

 

 

$

15,854,924

 

Schedule of stock-based compensation

 

 

Year ended
December 31,
2020

 

 

Year ended 
December 31,
2019

 

General and administrative

 

$

2,532,311

 

 

$

1,565,602

 

Sales and marketing

 

 

383,388

 

 

 

304,792

 

Research and development

 

$

387,512

 

 

$

118,823