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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
Revenues $ 36,274 $ 9,734 $ 121,743 $ 12,734
Cost of goods and services 20,195 4,950 66,835 6,050
Gross profit 16,079 4,784 54,908 6,684
Operating expenses:        
Selling, general, and administrative 1,358,749 1,732,382 4,843,082 3,953,961
Stock-based compensation expense 509,999 594,763 1,836,674 2,272,826
Research and development 214,374 459,847 588,467 992,491
Total operating expenses 2,083,122 2,786,992 7,628,223 7,219,278
Loss from operations (2,067,043) (2,782,208) (7,213,315) (7,212,594)
Other income (expense):        
Other income, net 48,677 1,292 179,734 217,722
Gain (loss) on debt extinguishment, net 0 0 (26,125) 245,105
Gain on fair value adjustment - derivatives, net 0 0 0 1,040,000
Interest expense (179,014) (317,774) (613,324) (3,146,987)
Total other expense, net (130,337) (316,482) (459,715) (1,644,160)
Loss before provision for income taxes (2,197,380) (3,098,690) (7,673,030) (8,856,754)
Provision for income taxes 0 0 0 0
Net loss (2,197,380) (3,098,690) (7,673,030) (8,856,754)
Net loss attributable to noncontrolling interest 4 4 13 13
Net loss attributable to SOBR Safe, Inc. (2,197,376) (3,098,686) (7,673,017) (8,856,741)
Deemed dividends related to warrant down round provisions 0 (8,501,440) 0 (8,501,440)
Net loss attributable to common stockholders $ (2,197,376) $ (11,600,126) $ (7,673,017) $ (17,358,181)
Basic and diluted loss per common share $ (0.12) $ (1.06) $ (0.43) $ (1.82)
Weighted average number of common shares outstanding 18,544,570 10,973,759 18,004,790 9,516,637

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