SOBR Safe Inc
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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FY2024 · Filed Apr 15, 2025
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 Operations
| For The Year Ended | ||
|---|---|---|
| December 31, | December 31, | |
| 2024 | 2023 | |
| Revenues | $212,736 | $157,292 |
| Cost of goods and services | 193,568 | 94,942 |
| Gross profit | 19,168 | 62,350 |
| Operating expenses: | ||
| General and administrative | 6,217,762 | 6,400,723 |
| Stock-based compensation expense | 729,712 | 2,245,871 |
| Research and development | 747,525 | 1,016,302 |
| Total operating expenses | 7,694,999 | 9,662,896 |
| Loss from operations | (7,675,831) | (9,600,546) |
| Other income (expense): | ||
| Other income | 110,212 | 216,211 |
| Loss on debt extinguishment, net | - | (26,125) |
| Notes payable – conversion expense | (585,875) | - |
| Interest expense | (457,662) | (804,261) |
| Total other expense, net | (933,325) | (614,175) |
| Loss before provision for income taxes | (8,609,156) | (10,214,721) |
| Provision for income taxes | - | - |
| Net loss | (8,609,156) | (10,214,721) |
| Net loss attributable to noncontrolling interest | 17 | 17 |
| Net loss attributable to SOBR Safe, Inc. | (8,609,139) | (10,214,704) |
| Deemed dividends related to convertible debt warrants down round provision | (23,270) | - |
| Deemed dividends related to PIPE warrants down round provision | (46,875) | - |
| Deemed dividends related to original warrants and new warrants down round provision | (1,541,833) | - |
| Value of exercise price reduction related to warrant inducement | (341,297) | - |
| Net loss attributable to common stockholders | $(10,562,414) | $(10,214,704) |
| Basic and diluted loss per common share | $(172.19) | $(619.15) |
| Weighted average number of common shares outstanding | 61,342 | 16,498 |
SOBR SAFE, INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.