Fixed Assets and Intangible Assets, Net
 6 Months Ended
Jun. 30, 2015
Fixed Assets and Intangible Assets, Net [Abstract]  
Fixed Assets and Intangible Assets, Net

6. Fixed Assets and Intangible Assets, Net

 

Fixed assets and intangible assets, net consisted of the following at June 30, 2015 and December 31, 2014: 

  

  June 30,  December 31, 
  2015  2014 
  (Unaudited)    
Computer equipment $234,858  $256,610 
Furniture and fixtures  98,160   142,856 
Leasehold improvements  20,333   382,376 
Software  10,968   10,968 
Website domain name  124,938   124,938 
Website costs  40,500   40,500 
Equipment under capital leases  218,605   218,605 
Total fixed assets  748,362   1,176,853 
Less: Accumulated depreciation and amortization  (329,868)  (613,730)
Total fixed assets and intangible assets, net $418,494  $563,123 

  

Depreciation and amortization expense for the three and six months ended June 30, 2015 was $35,188 and $96,007, respectively, as compared to $43,610 and $86,873 for the three and six months ended June 30, 2014, respectively. The Company only holds fixed assets in the United States.

 

During March 2015, the Company disposed of fixed assets, primarily consisting of leasehold improvements and furniture and fixtures, in connection with the relocation of the Company’s corporate headquarters. The net loss on the disposal of the fixed assets for the six months ended June 30, 2015 was $79,628.