v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Cash $ 107,448 $ 882,268
Accounts receivable 500 0
Inventory 104,950 39,461
Prepaid expenses 29,286 12,553
Total current assets 242,184 934,282
SOBR Safe Intellectual Technology, net of accumulated amortization of $706,684 and $610,318 at March 31, 2022 and December 31, 2021, respectively 3,147,991 3,244,357
Other assets 30,576 30,576
Total Assets 3,420,751 4,209,215
Current liabilities    
Accounts payable 367,036 270,150
Current assets    
Accrued expenses 1,395,696 463,900
Accrued interest payable 309,809 252,110
Related party payables 95,320 82,883
Derivative liability 1,380,000 1,040,000
Convertible debenture payable    
* Includes unamortized debt discount related to warrants, beneficial conversion feature and embedded conversion feature of none and $1,291,882 at March 31, 2022 and December 31, 2021, respectively 3,048,781 1,756,899
Current portion notes payable - related parties    
* Includes unamortized debt discount related to warrants and beneficial conversion features of $259,658 and none at March 31, 2022 and December 31, 2021, respectively 302,152 11,810
* Includes unamortized debt discount related to warrants and beneficial conversion features of $258,175 and none at March 31, 2022 and December 31, 2021, respectively 348,508 104,183
Total current liabilities 7,247,302 3,981,935
Notes payable -related parties-less current portion    
Includes unamortized debt discount related to warrants and beneficial conversion features of $262,604 and $645,547 at March 31, 2022 and December 31, 2021, respectively 187,396 354,453
Notes payable -non-related parties-less current portion    
Includes unamortized debt discount related to warrants and beneficial conversion features of $261,396 and $648,580 at March 31, 2022 and December 31, 2021, respectively 193,604 356,420
Total Liabilities 7,628,302 4,692,808
Common stock, $0.00001 par value; 100,000,000 shares authorized; 7,803,139 and 8,778,555 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 78 88
Additional paid-in capital 58,887,152 57,041,447
Accumulated deficit (63,041,171) (57,471,492)
Total SOBR Safe, Inc. stockholders' deficit (4,153,911) (429,957)
Noncontrolling interest (53,640) (53,636)
Total Stockholders' Deficit (4,207,551) (483,593)
Total Liabilities and Stockholders' Deficit 3,420,751 4,209,215
Non Series Preferred Stock [Member]    
Notes payable -non-related parties-less current portion    
Preferred stock, value 0 0
Series A-1 Convertible Preferred stock [Member]    
Notes payable -non-related parties-less current portion    
Preferred stock, value 0 0
Series A Convertible Preferred Stock [Member]    
Notes payable -non-related parties-less current portion    
Preferred stock, value 0 0
Series B Convertible Preferred Stock [Member]    
Notes payable -non-related parties-less current portion    
Preferred stock, value $ 30 $ 0

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