SOBR Safe, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

Property and equipment, net consists of the following:

	December 31, 2020
Robotics and testing equipment	$	46,200
Office furniture and equipment		1,525
		47,725
Accumulated depreciation		(7,340	)
Net property and equipment disposed		(40,385	)
Property and equipment, net	$	0

Depreciation is computed on a straight-line basis over the assets estimated useful lives of three years. Depreciation for the years ended December 31, 2020 and 2019 was $7,340 and none, respectively.