Company: SOBR
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001477932-25-002746
Chunk: 363

Company: SOBR Safe, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 363
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1,048 vested options and 275 non-vested options. As of December 31, 2023, the Plan had 924 vested options and 617 non-vested options. The stock options are held by our officers, directors, employees, and certain key consultants.  For the years ended December 31, 2024, and 2023, the Company recorded in stock-based compensation expense $667,617 and $1,604,827, respectively, of share-based compensation related to stock options. The unrecognized compensation expense as of December 31, 2024, was $446,152 which will be recognized over a weighted average period of 12.4 months. In applying the Black-Scholes options pricing model, assumptions used to compute the fair value of the stock options granted were as follows:    December 31, 2024  December 31, 2023 Exercise price $-  $528.00-2,376.00 Dividend yield  -   0%Volatility  -  143%-207% Risk-free interest rate  -  4.09%-5.04% Expected life  -  1-6 years 

 F-21Table of Contents

The following tables summarize the changes in the Company’s outstanding stock options:    OptionsOutstandingNumber ofShares  ExercisePrice PerShare  WeightedAverage Remaining Contractual Life  Weighted AverageExercise Price Per Share  Aggregate IntrinsicValue Balance at December 31, 2023  1,541  $ 528.00-10,230  5.7 years  $2,211.00  $- Options granted  -   -   -   -   - Options exercised  -   -   -   -   - Options cancelled  -   -   -   -   - Options expired/forfeited  (218 ) 869.20-3,430.00   -   2,591.50   - Balance at December 31, 2024  1,323  $ 528.00-10,230.00  4.9 years  $2,178.70  $-                      Exercisable at December