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INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 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

 

 

$417,586

 

 

$3,437,089

 

 

 

10

 

Schedule of estimated future amortization expense

2022

 

 

2023

 

 

2024

 

 

2025  

 

 

2026

 

 

 Thereafter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

385,467

 

 

$385,467

 

 

$385,467

 

 

$385,467

 

 

$385,467

 

 

$1,509,754