Property and Equipment

6 Months Ended

Jun. 30, 2024

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

	Estimated Useful Lives	June 30, 2024			December 31, 2023
Furniture, fixtures and vehicle	2-5 years	$	395,867		$	395,868
Website and internal use software	3 years		28,291,589			25,786,321
Computers and software	3-7 years		5,465,155			4,763,115
			34,152,611			30,945,304
Less: accumulated depreciation and amortization			(24,733,506	)		(21,636,445	)
		$	9,419,105		$	9,308,859

Depreciation and amortization expense for property and equipment was $1,561,352 and $3,097,061 for the three and six months ended June 30, 2024, respectively, and $1,207,069 and $2,370,418 for the three and six months ended June 30, 2023, respectively.