Company: SOBR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001477932-25-005544
Chunk: 31

Company: SOBR Safe, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 in operating activities:        Amortization of intangible assets  192,732   192,732 Amortization of debt discounts  -   237,250 Non-cash lease expense  49,298   44,284 Non-cash interest expense  -   336,510 Non-cash conversion expense  -   585,875 Bad debt expense  -   202 Stock-based compensation expense  254,930   400,307 Changes in assets and liabilities:        Accounts receivable  (22,524 )  (9,708 )Inventory  35,112   60,844 Prepaid expenses  115,082   81,051 Other assets  41,918   (6,002 )Accounts payable  63,738   (5,912 )Accrued expenses  (133,086 )  (208,213 )Accrued interest payable  4,251   (128,214 )Deferred revenue  13,680   - Operating lease liabilities  (53,794 )  (46,872 )         Net cash used in operating activities  (3,313,203 )  (3,049,161 )         Financing Activities:        Repayments of notes payable - non-related parties  (100,907)  - Proceeds from exercise of stock warrants  3,680,411   2,786,174 Payment of transactional costs for exercise of warrants  (184,021 )  (360,756 )Net cash provided by financing activities  3,395,483   2,425,418          Net Change In Cash  82,280   (623,743 )         Cash At The Beginning Of The Period  8,384,042   2,790,147          Cash At The End Of The Period $8,466,322  $2,166,404          Schedule Of Non-Cash Investing And Financing Activities:        True-up payment accrual related to 2024 PIPE Warrants $(1,640,000 ) $- Deemed dividends related to Convertible Debt Warrants down round provision $(1,833 ) $23,270 Deemed dividends related to 2022 PIPE Warrants