v3.24.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS    
Revenues $ 157,292 $ 35,322
Cost of goods sold 94,942 19,315
Gross profit 62,350 16,007
Operating expenses:    
General and administrative 6,400,723 6,024,001
Stock-based compensation expense 2,245,871 3,008,395
Research and development 1,016,302 1,397,053
Total operating expenses 9,662,896 10,429,449
Loss from operations (9,600,546) (10,413,442)
Other income (expense):    
Other income 216,211 230,414
Gain (loss) on debt extinguishment, net (26,125) 245,105
Gain on fair value adjustment - derivatives 0 1,040,000
Interest expense (804,261) (3,457,007)
Total other expense, net (614,175) (1,941,488)
Loss before provision for income taxes (10,214,721) (12,354,930)
Provision for income taxes 0 0
Net loss (10,214,721) (12,354,930)
Net loss attributable to noncontrolling interest 17 17
Net loss attributable to SOBR Safe, Inc. (10,214,704) (12,354,913)
Deemed dividends related to underwritten public offering warrants down round provision 0 (5,005,857)
Deemed dividends related to Original Warrants and New Warrant down round provision 0 (3,495,583)
Net loss attributable to common stockholders $ (10,214,704) $ (20,856,353)
Basic and diluted loss per common share $ (0.56) $ (1.90)
Weighted average number of common shares outstanding 18,147,830 11,003,049

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