SOBR Safe, Inc. Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2023

NOTE 6. INTANGIBLE ASSETS

Intangible assets consisted of the following at December 31, 2023:

	Gross Carrying		Accumulated		Net Intangible		Amortization Period
	Amount		Amortization		Asset		(in years)
SOBRsafe^TM Intellectual Technology	$	3,854,675	$	1,381,246	$	2,473,429		10

Intangible assets consisted of the following at December 31, 2022:

	Gross Carrying		Accumulated		Net Intangible		Amortization Period
	Amount		Amortization		Asset		(in years)
SOBRsafe^TMIntellectual Technology	$	3,854,675	$	995,782	$	2,858,893		10

Amortization expense was $385,464 for the years ended December 31, 2023 and 2022.

Estimated future amortization expense for device technology intangible assets is as follows:

2024				2025				2026				2027				2028				Thereafter
$	385,464			$	385,464			$	385,464			$	385,464			$	385,464			$	546,109