SOBR Safe, Inc. Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2025

NOTE 6. INTANGIBLE ASSETS

Intangible assets are comprised of SOBRsafe^TM Intellectual Technology and consist of the following:

	March 31, 2025			December 31, 2024
Gross carrying amount	$	3,854,675		$	3,854,675
Accumulated amortization		(1,863,076	)		(1,766,710	)
Net intangible asset	$	1,991,599		$	2,087,965
Amortization period (in years)		10			10

Amortization expense was $96,366 for each of the three-month periods ended March 31, 2025, and 2024.

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

2025	$	289,098
2026		385,464
2027		385,464
2028		385,464
2029		385,464
Thereafter		160,645
Total future amortization expense	$	1,991,599