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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 295,966 177,915 559,049 276,107
Stock-based compensation expense 168,375 0 187,065 41,302
Management salaries and consulting fees 535,815 461,864 1,049,593 683,993
Research and development 314,532 89,570 485,995 157,280
Asset impairment adjustment 0 25,320,555 29,222,955 25,320,555
Total operating expenses 1,314,688 26,049,904 2,281,702 26,479,237
Loss from operations (1,314,688) (26,049,904) (2,281,702) (26,479,237)
Other income (expense):        
Loss on extinguishment of debt, net 0 (297,711) 86,739 (269,144)
Gain on fair value adjustment - derivatives 0 61,350 0 60,650
Interest expense (146,028) (17,397) (171,906) (65,631)
Amortization of interest - beneficial conversion features (82,001) (1,407,501) (91,543) (1,407,675)
Total other expense, net (228,029) (1,661,259) (263,449) (1,681,800)
Loss before provision for income taxes (1,542,717) (27,711,163) (2,545,151) (28,161,037)
Provision for income taxes 0 0 0 0
Net loss (1,542,717) (27,711,163) (2,545,151) (28,161,037)
Net loss attributable to noncontrolling interest 4 199 98 50
Net loss attributable to SOBR Safe, Inc. $ (1,542,713) $ (27,710,964) $ (2,545,053) $ (28,160,987)
Basic and diluted loss per common share $ (0.06) $ (2.45) $ (0.10) $ (2.97)
Weighted average number of common shares outstanding 25,978,390 11,330,815 25,970,402 9,484,508

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