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, 2023
Mar. 31, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)    
Revenues $ 47,868 $ 1,500
Cost of sales 30,064 1,100
Gross profit 17,804 400
Operating expenses:    
General and administrative 1,584,950 863,100
Stock-based compensation expense 698,913 934,225
Research and development 180,918 47,459
Total operating expenses 2,464,781 1,844,784
Loss from operations (2,446,977) (1,844,384)
Other income (expense):    
Other income 70,470 27
Loss on debt extinguishment 0 (864,000)
Loss on fair value adjustment - derivatives 0 (340,000)
Interest expense (225,185) (1,941,105)
Amortization of interest - beneficial conversion feature 0 (580,221)
Total other expense, net (154,715) (3,725,299)
Loss before provision for income taxes (2,601,692) (5,569,683)
Provision for income taxes 0 0
Net loss (2,601,692) (5,569,683)
Net loss attributable to noncontrolling interest 5 4
Net loss attributable to SOBR Safe, Inc. $ (2,601,687) $ (5,569,679)
Basic and diluted loss per common share $ (0.15) $ (0.65)
Weighted average number of common shares outstanding 17,092,070 8,550,490