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SOBR Safe Inc

For the period ended Mar 31, 2024. Filed May 15, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 15, 2024

SOBR$0.20-48.0%Stored close · as of Sep 15, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2024

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________.

Commission file number:000-53316

SOBR SAFE, INC.

(Exact name of registrant as specified in its charter)

Delaware26-0731818
(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)
6400 S. Fiddlers Green Circle, Suite 1400 Greenwood Village, Colorado80111
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code (844)762-7723

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.00001 par valueSOBRThe Nasdaq Market LLC (Nasdaq Capital Market)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒

As of May 15, 2024, there were 20,007,465 shares of common stock, $0.00001 par value, issued and outstanding**.**

SOBR SAFE, INC.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION
ITEM 1Condensed Consolidated Financial Statements4
ITEM 2Management’s Discussion and Analysis of Financial Condition and Results of Operations25
ITEM 3Quantitative and Qualitative Disclosures About Market Risk31
ITEM 4Controls and Procedures32
PART II – OTHER INFORMATION
ITEM 1Legal Proceedings33
ITEM 1ARisk Factors33
ITEM 2Unregistered Sales of Equity Securities and Use of Proceeds33
ITEM 3Defaults Upon Senior Securities33
ITEM 4Mine Safety Disclosures34
ITEM 5Other Information34
ITEM 6Exhibits35
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.