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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
Revenues $ 9,734 $ 0 $ 12,734 $ 0
Cost of Goods Sold 4,950 0 6,050 0
Gross Profit 4,784 0 6,684 0
Operating expenses:        
General and administrative 1,997,822 949,293 5,145,857 2,557,935
Stock-based compensation expense 329,323 147,163 1,080,930 334,228
Research and development 459,847 566,655 992,491 1,052,650
Total operating expenses 2,786,992 1,663,111 7,219,278 3,944,813
Loss from operations (2,782,208) (1,663,111) (7,212,594) (3,944,813)
Other income (expense):        
Other income (expense), net 1,292 0 217,722 0
Gain on debt extinguishment, net 0 0 245,105 0
Gain on fair value adjustment - derivatives, net 0 0 1,040,000 0
Interest expense (201,943) (227,475) (2,340,085) (399,381)
Amortization of interest - debt discount (115,831) (130,830) (806,902) (222,373)
Total other income (expense), net (316,482) (358,305) (1,644,160) (621,754)
Loss before provision for income taxes (3,098,690) (2,021,416) (8,856,754) (4,566,567)
Provision for income tax 0 0 0 0
Net loss (3,098,690) (2,021,416) (8,856,754) (4,566,567)
Net loss attributable to noncontrolling interest 4 4 13 102
Net loss attributable to SOBR Safe, Inc. (3,098,686) (2,021,412) (8,856,741) (4,566,465)
Deemed dividends related to underwritten public offering warrants down round provision (5,005,857) 0 (5,005,857) 0
Deemed dividends related to Original Warrants and New Warrant down round provision (3,495,583) 0 (3,495,583) 0
Net loss attributable to common stockholders $ (11,600,126) $ (2,021,412) $ (17,358,181) $ (4,566,465)
Basic and diluted loss per common share $ (1.06) $ (0.23) $ (1.82) $ (0.53)
Weighted average number of common shares outstanding 10,973,759 8,660,401 9,516,637 8,658,014

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