Platform Development (Tables)

12 Months Ended

Dec. 31, 2021

Platform Development

Summary of Platform Development Costs

Platform development costs are summarized as follows:

	As of December 31,
	2021			2020
Platform development	$	21,997,102		$	16,027,428
Less accumulated amortization		(12,698,307	)		(8,671,820	)
Net platform development	$	9,298,795		$	7,355,608

Summary of Platform Development Cost Activity

A summary of platform development activity is as follows:

	As of and for the Years Ended December 31,
	2021			2020
Platform development beginning of year	$	16,027,428		$	10,678,692
Payroll-based costs capitalized during the year		4,818,866			3,750,541
Total capitalized costs		20,846,294			14,429,233
Stock-based compensation		2,045,264			1,608,995
Dispositions during the year		(894,456	)		(10,800	)
Platform development end of year	$	21,997,102		$	16,027,428