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

INTANGIBLE ASSETS (Tables)

v3.22.0.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 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

 

 

$ 610,318

 

 

$ 3,244,357

 

 

 

10

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Intangible

 

 

Amortization Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBR Safe

 

 

 

 

 

 

 

 

 

 

 

 

Intellectual Technology

 

$ 3,854,675

 

 

$ 224,854

 

 

$ 3,629,821

 

 

 

10

 

Schedule of estimated future amortization expense

2022

 

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

Thereafter

 

$

385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 385,467

 

 

$ 1,317,022