Company: SOBR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001477932-25-005544
Chunk: 25

Company: SOBR Safe, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 current liabilities  2,786,735   1,276,889          Operating lease liabilities, less current portion  30,883   91,993 Total Liabilities  2,817,618   1,368,882          Commitments and contingencies        Stockholders' Equity        Common stock, $0.00001 par value; 100,000,000 shares authorized, 1,516,238 and 936,926 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively  15   94 Treasury stock, at cost; 17 and 16 shares as of June 30, 2025 and December 31, 2024, respectively  (38,015 )  (38,015 )Additional paid-in capital  110,384,477   108,222,324 Accumulated deficit  (102,253,679 )  (98,328,395 )Total SOBR Safe, Inc. stockholders' equity  8,092,798   9,856,008 Noncontrolling interest  (53,696 )  (53,687 )Total Stockholders' Equity  8,039,102   9,802,321          Total Liabilities and Stockholders' Equity $10,856,720  $11,171,203 

The accompanying notes are an integral part of the condensed consolidated financial statements. 

 5Table of Contents

SOBR SAFE, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

  For The Three Months EndedJune 30,  For The Six Months EndedJune 30,   2025  2024  2025  2024   (Unaudited)  (Unaudited)  (Unaudited)  (Unaudited) Revenues $104,228  $54,191  $190,845  $102,181 Cost of goods and services  44,344   41,156   79,997   65,937 Gross profit  59,884   13,035   110,848   36,244                  Operating expenses:                General and administrative  1,815,028   1,395,