SOBR Safe Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
SOBR$0.20-48.0%Stored close · as of Sep 15, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity (Deficit)
| Common Stock · Preferred Stock · Treasury Stock | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amount · Amount · Additional · SOBR · Total Stockholders' | |||||||||||||||||||
| ($0.00001 | ($0.00001 | Amount | Paid-in | Accumulated | Safe, | Noncontrolling | Equity | ||||||||||||
| Shares · Par) · Shares · Par) · Shares · (at cost) · Capital · Deficit · Inc. · Interest · (Deficit) | |||||||||||||||||||
| Balances at January 1, 2022 | 8,778,555 | $88 | - | $ | - | - | $ | - | $57,041,447 | $(57,471,492) | $(429,957) | $(53,636) | $(483,593) | ||||||
| Common stock issued for restricted stock units vested | 191,919 | 2 | - | - | - | - | - | - | 2 | - | 2 | ||||||||
| Common stock issued for convertible debt | 7,917 | - | - | - | - | - | 47,500 | - | 47,500 | - | 47,500 | ||||||||
| Common stock exchanged for convertible preferred stock | (1,000,000) | (10) | 3,000,000 | 30 | - | - | (20) | - | - | - | - | ||||||||
| Additional common stock issued upon reverse stock split | 1,012 | - | - | - | - | - | - | - | - | - | - | ||||||||
| Common stock and warrants issued in public equity offering, net of issuance costs | 2,352,942 | 24 | - | - | - | - | 8,694,339 | - | 8,694,363 | - | 8,694,363 | ||||||||
| Common stock and warrants issued in private equity offering, net of issuance costs | 1,925,677 | 19 | - | - | - | - | 5,121,954 | - | 5,121,973 | - | 5,121,973 | ||||||||
| Common stock issued upon exercise of stock warrants, net of issuance costs | 3,775,942 | 38 | - | - | - | - | 3,328,105 | - | 3,328,143 | - | 3,328,143 | ||||||||
| Common stock issued upon exercise of stock options | 48,106 | - | - | - | - | - | 38,015 | - | 38,015 | - | 38,015 | ||||||||
| Purchase of treasury stock | - | - | - | - | (12,329) | (38,015) | - | - | (38,015) | - | (38,015) | ||||||||
| Common stock issued for services | 902,500 | 9 | - | - | - | - | 864,491 | - | 864,500 | - | 864,500 | ||||||||
| Paid-in capital – fair value of stock options and restricted stock units vested | - | - | - | - | - | - | 3,008,395 | - | 3,008,395 | - | 3,008,395 | ||||||||
| Paid in capital - relative fair value of stock warrants granted | - | - | - | - | - | - | 864,000 | - | 864,000 | - | 864,000 | ||||||||
| Deemed dividends related to underwritten public offering warrants down round provision | - | - | - | - | - | - | 5,005,857 | (5,005,857) | - | - | - | ||||||||
| Deemed dividends related to Original Warrants and New Warrant down round provision | - | - | - | - | - | - | 3,495,583 | (3,495,583) | - | - | - | ||||||||
| Net loss | - | - | - | - | - | - | - | (12,354,913) | (12,354,913) | (17) | (12,354,930) | ||||||||
| Balances at December 31, 2022 | 16,984,570 | $170 | 3,000,000 | $30 | (12,329) | $(38,015) | $87,509,666 | $(78,327,845) | $9,144,006 | $(53,653) | $9,090,353 | ||||||||
| Cumulative effect of adopting ASU 2020-06 | - | - | - | - | - | - | (909,214) | 776,568 | (132,646) | - | (132,646) | ||||||||
| Common stock issued for services | 225,000 | 2 | - | - | - | - | 211,498 | - | 211,500 | - | 211,500 | ||||||||
| Warrants issued for services | - | - | - | - | - | - | 162,481 | - | 162,481 | - | 162,481 | ||||||||
| Paid-in capital – fair value of stock options and restricted stock units vested | - | - | - | - | - | - | 2,245,871 | - | 2,245,871 | - | 2,245,871 | ||||||||
| Paid-in capital – relative fair value of stock warrants granted, net of issuance costs | - | - | - | - | - | - | 398,517 | - | 398,517 | - | 398,517 | ||||||||
| Conversion of preferred stock to common stock | 1,000,000 | 10 | (3,000,000) | (30) | - | - | 20 | - | - | - | - | ||||||||
| Common stock issued for restricted stock units vested | 235,000 | 3 | - | - | - | - | (3) | - | - | - | - | ||||||||
| Common stock issued upon conversion of convertible debt | 150,000 | 1 | - | - | - | - | 221,181 | - | 221,182 | - | 221,182 | ||||||||
| Net loss | - | - | - | - | - | - | - | (10,214,704) | (10,214,704) | (17) | (10,214,721) | ||||||||
| Balances at December 31, 2023 | 18,594,570 | $186 | - | - | (12,329) | $(38,015) | $89,840,017 | $(87,765,981) | $2,036,207 | $(53,670) | $1,982,537 | ||||||||
SOBR SAFE, Inc.
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