3. Fixed Assets, Net

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Fixed Assets, Net

Fixed assets, net consisted of the following:

	As of September 30, 2017			As of December 31, 2016
Computer hardware and software	$	1,518,785		$	219,590
Furniture, fixture and equipment		5,910			5,910
Total depreciable property and equipment		1,524,695			225,500
Less: accumulated depreciation and amortization		(304,405	)		(97,216	)
Depreciable property, net		1,220,290			128,284
Assets under development		77,925			410,121
Fixed assets, net	$	1,298,215		$	538,405

Depreciation expense for the nine months ended September 30, 2017 and 2016 was $207,189 and $38,110, respectively. Depreciation expense for the three months ended September 30, 2017 and 2016 was $112,487 and $12,555, respectively.