General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED BALANCE SHEETS

v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 882,268 $ 232,842
Inventory 39,461 0
Prepaid expenses 12,553 115,230
Total current assets 934,282 348,072
SOBR Safe Intellectual Technology, net of accumulated amortization of $610,318 and $224,854 at December 31, 2021 and December 31, 2020, respectively 3,244,357 3,629,821
Other assets 30,576 8,680
Total Assets 4,209,215 3,986,573
Current liabilities    
Accounts payable 270,150 101,308
Accrued expenses 463,900 313,035
Accrued interest payable 252,110 134,444
Related party payables 82,883 28,624
Common stock subscriptions payable 0 253,685
Derivative liability 1,040,000 0
Convertible debenture payable    
* Includes unamortized debt discount related to warrants, beneficial conversion feature and embedded conversion feature of $1,291,882 and none at December 31, 2021 and December 31, 2020, respectively 1,756,899 0
Current portion notes payable - related parties 11,810 11,810
Current portion notes payable - non-related parties 104,183 79,183
Total current liabilities 3,981,935 922,089
Notes payable -related parties-less current portion    
* Includes unamortized debt discount related to warrants and beneficial conversion features of $645,547 and none at December 31, 2021 and December 31, 2020, respectively 354,453 0
Notes payable -non-related parties-less current portion    
* Includes unamortized debt discount related to warrants and beneficial conversion features of $648,580 and none at December 31, 2021 and December 31, 2020, respectively 356,420 25,000
Total Liabilities 4,692,808 947,089
Stockholders' Equity (Deficit)    
Preferred stock, $0.00001 par value; 19,300,000 shares authorized, no shares issued or outstanding as of December 31, 2020 and December 31, 2019 0 0
Series A Convertible Preferred stock, $0.00001 par value; 3,000,000 shares authorized, no shares issued or outstanding as of December 31, 2021 and December 31, 2020 0 0
Series A-1 Convertible Preferred stock, $0.00001 par value; 2,700,000 shares authorized, no shares issued or outstanding as of December 31, 2021 and December 31, 2020 0 0
Common stock, $0.00001 par value; 100,000,000 shares authorized; 26,335,665 and 25,922,034 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 263 260
Additional paid-in capital 57,041,272 52,693,974
Accumulated deficit (57,471,492) (49,601,220)
Total SOBR Safe, Inc. stockholders' equity (deficit) (429,957) 3,093,014
Noncontrolling interest (53,636) (53,530)
Total Stockholders' Equity (Deficit) (483,593) 3,039,484
Total Liabilities and Stockholders' Equity (Deficit) $ 4,209,215 $ 3,986,573