Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

6. Property and Equipment

Property and equipment are summarized as follows:

	As of December 31,
	2020			2019
Office equipment and computers	$	1,341,292		$	476,233
Furniture and fixtures		19,997			193,914
Leasehold improvements		345,516			307,550
		1,706,805			977,697
Less accumulated depreciation and amortization		(577,367	)		(316,420	)
Net property and equipment	$	1,129,438		$	661,277

Depreciation and amortization expense for the years ended December 31, 2020 and 2019 was $638,796 and $276,791, respectively. Depreciation and amortization expense is included in selling and marketing expenses and general and administrative expenses, as appropriate, on the consolidated statements of operations. No impairment charges have been recorded in the periods presented.