Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Table)

v3.20.2
INTANGIBLE ASSETS (Table)
6 Months Ended
Jun. 30, 2020
INTANGIBLE ASSETS  
Schedule of estimated future amortization expense

2021

 

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

Thereafter

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

1,895,218

 

Summary of Intangible Assets

 

 

Gross

Carrying

 

 

Accumulated

 

 

Net

Intangible

 

 

Amortization

Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBR Safe

 

 

 

 

 

 

 

 

 

 

 

 

Intellectual Technology

 

$

3,854,675

 

 

$

32,122

 

 

$

3,822,553

 

 

 

10