Company: SOBR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001477932-25-008092
Chunk: 7

Company: SOBR Safe, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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,696 ) $8,039,102 Paid in capital - fair value of stock options and restricted stock units vested  -   -   -   -   115,251   -   115,251   -   115,251 Net loss  -   -   -   -   -   (2,186,624 )  (2,186,624 )  (4 )  (2,186,628 )Balance at September 30, 2025  1,516,255  $15   (17 ) $(38,015 ) $110,499,728  $(104,440,303 ) $6,021,425  $(53,700 ) $5,967,725 

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

 8Table of Contents

 SOBR SAFE, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS     For The Nine Months Ended   September 30,   2025  2024   (Unaudited)  (Unaudited) Operating Activities:      Net loss $(6,061,168 ) $(6,424,505 )         Adjustments to reconcile net loss to net cash used in operating activities:        Amortization and depreciation  291,006   289,098 Amortization of debt discounts  -   237,250 Non-cash lease expense  74,968   67,315 Non-cash interest expense  7,921   336,510 Non-cash conversion expense  -   585,875 Bad debt expense  9,490   202 Stock-based compensation expense  370,181   584,551 Changes in assets and liabilities:        Accounts receivable  (17,414 )  (20,573 )Inventory  82,645   72,798 Prepaid expenses  152,162   86,566 Other assets  26,899   (21,534 )Accounts payable  (27,579 )  (200,355 )Accrued expenses  (168,017 )  (306,941 )Accrued interest payable  -   (126,086