v3.24.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
INTANGIBLE ASSETS  
Summary of Intangible Assets

 

 

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

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Intangible

 

 

Amortization Period

 

 

 

Amount

 

 

Amortization

 

 

Asset

 

 

(in years)

 

SOBRsafeTM Intellectual Technology

 

$3,854,675

 

 

$995,782

 

 

$2,858,893

 

 

 

10

 

Schedule of estimated future amortization expense

2024

 

 

2025

 

 

2026

 

 

2027

 

 

2028

 

 

Thereafter

 

$385,464

 

 

$385,464

 

 

$385,464

 

 

$385,464

 

 

$385,464

 

 

$546,109