Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.21.2
INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2021
INTANGIBLE ASSETS  
Summary of Intangible Assets

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Intangible

Asset

 

 

Amortization

Period (in years)

 

SOBR Safe Intellectual Technology

 

$ 3,854,675

 

 

$ 513,952

 

 

$ 3,340,723

 

 

 

10

 

Schedule of estimated future amortization expense

2022

 

 

 2023

 

 

  2024

 

 

2025

 

 

   2026

 

 

 Thereafter

 

$

385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 1,413,388