XML 25 R9.htm IDEA: XBRL DOCUMENT v3.21.1
Property and Equipment
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following as of:

 

   March 31,
2021
   December 31,
2020
 
Website and software development  $35,653,382   $33,894,207 
Furniture and fixtures   848,283    843,575 
Computers and electronics   705,075    696,684 
Vehicles   430,162    430,162 
Leasehold improvements   219,757    219,757 
Video and equipment   176,903    176,903 
Total - Gross   38,033,562    36,261,288 
Less: accumulated depreciation   (26,564,701)   (24,790,928)
Total - Net  $11,468,861   $11,470,360 

 

Property and equipment included the following amounts for assets recorded under capital leases.

 

   March 31,
2021
   December 31,
2020
 
Gross value at cost  $303,230   $303,230 
Less: accumulated depreciation   (272,195)   (269,382)
Net  $31,035   $33,848 

 

Depreciation of property and equipment for the three months ended March 31, 2021 and 2020 amounted to $1,773,773 and $1,524,683, respectively.