Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.21.1
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2021
INTANGIBLE ASSETS  
Summary of Intangible Assets

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Intangible

 

 

Amortization Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBR Safe Intellectual Technology  

 

$

3,854,675

 

 

$

321,220

 

 

$

3,533,455

 

 

 

10

 

Schedule of estimated future amortization expense

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

Thereafter

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

1,606,120