Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)    
Revenues $ 1,500 $ 0
Cost of Goods Sold 1,100 0
Gross Profit 400 0
Operating expenses:    
General and administrative 2,269,175 776,861
Stock-based compensation expense 442,784 18,690
Research and development 47,459 171,463
Total operating expenses 2,759,418 967,014
Loss from operations (2,759,018) (967,014)
Other income (expense):    
Other income (expense), net 27 0
Loss on debt extinguishment (864,000) 0
Loss on fair value adjustment - derivatives (340,000) 0
Interest expense (1,026,471) (25,878)
Amortization of interest - beneficial conversion feature (580,221) (9,542)
Total other expense, net (2,810,665) (35,420)
Loss before provision for income taxes (5,569,683) (1,002,434)
Provision for income tax 0 0
Net loss (5,569,683) (1,002,434)
Net loss attributable to noncontrolling interest 4 94
Net loss attributable to SOBR Safe, Inc. $ (5,569,679) $ (1,002,340)
Basic and diluted loss per common share $ (0.65) $ (0.12)
Weighted average number of common shares outstanding 8,550,490 8,654,108