Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net, consist of the following:

	June 30, 2023			December 31, 2022
Computer equipment	$	379,909		$	380,055
Office equipment, fixtures and furniture		61,704,888			2,033,617
Capitalized development cost and software acquired		46,132,443			10,886,033
Automobiles		180,079			189,325
Buildings		4,484,933			4,715,189
Subtotal		112,882,252			18,204,219
Less: accumulated depreciation and amortization		(11,771,664	)		(7,207,577	)
Total	$	101,110,588		$	10,996,642

Schedule of Amortization of Capitalized Development Cost

The estimated amortization of capitalized development cost is as follows:

Twelve months ending June 30,	Estimated amortization expense
2024	$	1,612,226
2025		1,254,872
2026		792,856
2027		386,103
2028		152,971
Thereafter		17,096
Total	$	4,216,124