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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 191,589 89,481 400,127 239,978
Stock-based compensation expense 0 0 41,302 0
Management salaries and consulting fees 352,266 0 1,103,828 0
Research and development 152,123 0 309,403 0
Total operating expenses 695,978 89,481 1,854,660 239,978
Loss from operations (695,978) (89,481) (1,854,660) (239,978)
Other income (expense):        
Loss on extinguishment of debt, net 0 0 (269,144) 0
Gain on fair value adjustment - derivatives 0 200 60,650 3,400
Interest expense (41,622) (126,825) (107,253) (269,619)
Amortization of interest - beneficial conversion feature 0 0 (1,407,675) (5,920)
Asset impairment adjustment 0 0 (25,320,555) 0
Total other expense, net (41,622) (126,625) (27,043,977) (272,139)
Loss before provision for income taxes (737,600) (216,106) (28,898,637) (512,117)
Provision for income taxes 0 0 0 0
Net loss (737,600) (216,106) (28,898,637) (512,117)
Net (income) loss attributable to noncontrolling interest (98) 763 (48) 2,348
Net loss attributable to SOBR Safe, Inc. (737,698) (215,343) (28,898,685) (509,769)
Accrued dividends on convertible preferred stock (161,880) 0 (161,880) 0
Net loss attributable to common stockholders $ (899,578) $ (215,343) $ (29,060,565) $ (509,769)
Basic and Diluted Loss per Common Share $ (0.04) $ (0.04) $ (2.23) $ (0.11)
Weighted average number of common shares outstanding 20,046,424 4,965,945 13,030,845 4,618,807

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