Company: SOBR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001477932-25-005544
Chunk: 26

Company: SOBR Safe, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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933   3,638,497   2,811,495 Stock-based compensation expense  115,252   185,910   254,930   400,308 Research and development  198,675   308,427   239,599   410,461 Total operating expenses  2,128,955   1,890,270   4,133,026   3,622,264                  Loss from operations  (2,069,071 )  (1,877,235 )  (4,022,178 )  (3,586,020 )                 Other income (expense):                Other income, net  75,713   13,157   153,430   34,412 Notes payable – conversion expense  -   -   -   (585,875 )Interest expense  (2,127 )  (213,296 )  (5,792 )  (445,812 )Total other income (expense), net  73,586   (200,139 )  147,638   (997,275 )                 Loss before provision for income taxes  (1,995,485 )  (2,077,374 )  (3,874,540 )  (4,583,295 )                 Provision for income taxes  -   -   -   -                  Net loss  (1,995,485 )  (2,077,374 )  (3,874,540 )  (4,583,295 )Net loss attributable to noncontrolling interest  5   4   9   9 Net loss attributable to SOBR Safe, Inc. $(1,995,480 ) $(2,077,370 ) $(3,874,531 ) $(4,583,286 )                 Deemed dividends related to Convertible Debt Warrants down round provision  -   -   (1,833 )  (23,270 )Deemed dividends related to 2024 PIPE Warrants down round provision  -   (4,336 )  (1,547 )  (46,875 )Deemed dividends related to Original Warrants and New W