Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Table)

v3.21.1
INTANGIBLE ASSETS (Table)
12 Months Ended
Dec. 31, 2020
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

 

 

$

224,854

 

 

$

3,629,821

 

 

 

10

 

Schedule of estimated future amortization expense

2021

 

 

 2022 

 

 

 2023

 

 

  2024

 

 

 2025

 

 

 Thereafter

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

385,467

 

 

$

1,702,486