Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.24.1.1.u2
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2024
INTANGIBLE ASSETS  
Schedule of Intangible Assets

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Intangible

 

 

Amortization Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBRsafeTM  Intellectual Technology

 

$ 3,854,675

 

 

$ 1,477,612

 

 

$ 2,377,063

 

 

 

10

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Intangible

 

 

Amortization Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBRsafeTM  Intellectual Technology

 

$ 3,854,675

 

 

$ 1,381,246

 

 

$ 2,473,429

 

 

 

10

 

Schedule of estimated future amortization expense

2024

 

 

2025

 

 

2026

 

 

2027

 

 

2028

 

 

Thereafter

 

$

289,098

 

 

$ 385,464

 

 

$ 385,464

 

 

$ 385,464

 

 

$ 385,464

 

 

$ 546,109