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

4. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   Estimated
Useful Lives
  December 31,
2022
   December 31,
2021
 
Furniture, fixtures and vehicle  2-5 years  $395,468   $391,669 
Website and internal use software  3 years   20,542,457    15,302,020 
Computers and software  3-7 years   3,672,103    2,281,975 
       24,610,028    17,975,664 
Less: accumulated depreciation and amortization      (16,523,166)   (12,485,230)
      $8,086,862   $5,490,434 

 

Depreciation and amortization expense for property and equipment was $4,037,936 and $2,786,109 for the twelve months ended December 31, 2022 and 2021, respectively