Quarterly report pursuant to Section 13 or 15(d)

Property and equipment

v3.23.1
Property and equipment
 3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following as of:

 

    March 31,
2023		     December 31,
2022		  
Website and software development   $ 52,042,536     $ 50,697,486  
Furniture and fixtures     851,926       851,926  
Computers and electronics     1,015,853       1,015,853  
Vehicles     325,504       325,504  
Leasehold improvements     300,673       300,673  
Video and equipment     176,903       176,903  
Total - Gross     54,713,395       53,368,345  
Less: accumulated depreciation     (42,451,487 )     (40,452,572 )
Total - Net   $ 12,261,908     $ 12,915,773  

 

Depreciation of property and equipment for three months ended March 31, 2023 and 2022 was $1,998,916 and $1,954,462, respectively.