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

INTANGIBLE ASSETS (Table)

v3.21.2
INTANGIBLE ASSETS (Table)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
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

 

 

$ 417,586

 

 

$ 3,437,089

 

 

 

10

 

2021

 

 

 2022 

 

 

 2023

 

 

  2024

 

 

 2025

 

 

 Thereafter

 

$

385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 1,702,486

 

Schedule of estimated future amortization expense

2022

 

 

2023

 

 

2024

 

 

2025  

 

 

2026

 

 

 Thereafter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 1,509,754

 

 

 

 Gross Carrying

Amount 

 

 

 Accumulated

Amortization   

 

 

 Net Intangible

Asset 

 

 

 Amortization Period

(in years)

 

SOBR Safe

 

 

 

 

 

 

 

 

 

 

 

 

Intellectual Technology

 

$ 3,854,675

 

 

$ 224,854

 

 

$ 3,629,821

 

 

 

10