Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited)

v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Stockholders Deficit SOBR Safe Inc [Member]
Noncontrolling Interest
Treasury Stocks
Balance, shares at Dec. 31, 2022   154,406 3,000,000         113
Balance, amount at Dec. 31, 2022 $ 9,090,353 $ 2 $ 0 $ 87,509,864 $ (78,327,845) $ 9,144,006 $ (53,653) $ (38,015)
Cumulative effect of adopting ASU 2020-06 (132,646) $ 0 0 (909,214) 776,568 (132,646) 0 0
Common stock issued for services, shares   2,046            
Common stock issued for services, amount 211,500 $ 0 0 211,500 0 211,500 0 0
Warrants issued for services 162,481 0 0 162,481 0 162,481 0 0
Paid-in capital - fair value of stock options and restricted stock units vested 698,913 0 0 698,913 0 698,913 0 0
Paid in capital - relative fair value of stock warrants granted, net of issuance costs 398,517 0 0 398,517 0 398,517 0 0
Net loss (2,601,692) $ 0 $ 0 0 (2,601,687) (2,601,687) (5) $ 0
Balance, shares at Mar. 31, 2023   156,452 3,000,000         113
Balance, amount at Mar. 31, 2023 7,827,426 $ 2 $ 0 88,072,061 (80,152,964) 7,881,084 (53,658) $ (38,015)
Balance, shares at Dec. 31, 2022   154,406 3,000,000         113
Balance, amount at Dec. 31, 2022 9,090,353 $ 2 $ 0 87,509,864 (78,327,845) 9,144,006 (53,653) $ (38,015)
Net loss (7,673,030)              
Balance, shares at Sep. 30, 2023   168,589           113
Balance, amount at Sep. 30, 2023 4,115,031 $ 2 $ 0 89,431,004 (85,224,294) 4,168,697 (53,666) $ (38,015)
Balance, shares at Mar. 31, 2023   156,452 3,000,000         113
Balance, amount at Mar. 31, 2023 7,827,426 $ 2 $ 0 88,072,061 (80,152,964) 7,881,084 (53,658) $ (38,015)
Paid-in capital - fair value of stock options and restricted stock units vested 627,762 0 0 627,762 0 627,762 0 0
Net loss (2,873,958) $ 0 $ 0 0 (2,873,954) (2,873,954) (4) 0
Conversion of preferred stock to common stock, shares   9,091 (3,000,000)          
Conversion of preferred stock to common stock, amount 0 $ 0 $ 0 0 0 0 0 0
Common stock issued for restricted stock units vested, shares   1,682            
Common stock issued for restricted stock units vested, amount 0 $ 0 0 0 0 0 0 0
Common stock issued upon conversion of convertible debt, shares   1,364            
Common stock issued upon conversion of convertible debt, amount 221,182 $ 0 0 221,182 0 221,182 0 $ 0
Balance, shares at Jun. 30, 2023   168,589           113
Balance, amount at Jun. 30, 2023 5,802,412 $ 2 0 88,921,005 (83,026,918) 5,856,074 (53,662) $ (38,015)
Paid-in capital - fair value of stock options and restricted stock units vested 509,999 0 0 509,999 0 509,999 0 0
Net loss (2,197,380) $ 0 0 0 (2,197,376) (2,197,376) (4) $ 0
Balance, shares at Sep. 30, 2023   168,589           113
Balance, amount at Sep. 30, 2023 4,115,031 $ 2 0 89,431,004 (85,224,294) 4,168,697 (53,666) $ (38,015)
Balance, shares at Dec. 31, 2023   169,044           113
Balance, amount at Dec. 31, 2023 1,982,537 $ 2 0 89,840,201 (87,765,981) 2,036,207 (53,670) $ (38,015)
Paid-in capital - fair value of stock options and restricted stock units vested 214,398 0 0 214,398 0 214,398 0 0
Net loss (2,505,921) $ 0 0 0 (2,505,916) (2,505,916) (5) 0
Common stock issued for restricted stock units vested, shares   1,046            
Common stock issued for restricted stock units vested, amount 0 $ 0 0 0 0 0 0 0
Common stock issued upon conversion of convertible debt, shares   11,800            
Common stock issued upon conversion of convertible debt, amount 1,247,922 $ 0 0 1,247,922 0 1,247,922 0 0
Deemed dividends related to Convertible Debt Warrants down round provision 0 0 0 23,270 (23,270) 0 0 0
Deemed dividends related to PIPE Warrants down round provision 0 0 0 42,539 (42,539) 0 0 0
Deemed dividends related to Original Warrants and New Warrants down round provision 0 $ 0 0 1,455,805 (1,455,805) 0 0 $ 0
Balance, shares at Mar. 31, 2024   181,890           113
Balance, amount at Mar. 31, 2024 938,936 $ 2 0 92,824,135 (91,793,511) 992,611 (53,675) $ (38,015)
Balance, shares at Dec. 31, 2023   169,044           113
Balance, amount at Dec. 31, 2023 1,982,537 $ 2 0 89,840,201 (87,765,981) 2,036,207 (53,670) $ (38,015)
Net loss (6,424,505)              
Balance, shares at Sep. 30, 2024   316,046           113
Balance, amount at Sep. 30, 2024 2,033,531 $ 3 0 98,182,946 (96,057,720) 2,087,214 (53,683) $ (38,015)
Balance, shares at Mar. 31, 2024   181,890           113
Balance, amount at Mar. 31, 2024 938,936 $ 2 0 92,824,135 (91,793,511) 992,611 (53,675) $ (38,015)
Paid-in capital - fair value of stock options and restricted stock units vested 185,909 0 0 185,909 0 185,909 0 0
Net loss (2,077,374) $ 0 0 0 (2,077,370) (2,077,370) (4) 0
Common stock issued upon conversion of convertible debt, shares   40,346            
Common stock issued upon conversion of convertible debt, amount 2,217,609 $ 0 0 2,217,609 0 2,217,609 0 0
Deemed dividends related to PIPE Warrants down round provision 0 $ 0 0 4,336 (4,336) 0 0 0
Common stock issued upon exercise of warrants, shares   93,810            
Common stock issued upon exercise of warrants, amount 2,425,417 $ 1 0 2,766,714 (341,297) 2,425,417 0 $ 0
Balance, shares at Jun. 30, 2024   316,046           113
Balance, amount at Jun. 30, 2024 3,690,498 $ 3 0 97,998,703 (94,216,514) 3,744,177 (53,679) $ (38,015)
Paid-in capital - fair value of stock options and restricted stock units vested 184,243 0 0 184,243 0 184,243 0 0
Net loss (1,841,210) $ 0 0 0 (1,841,206) (1,841,206) (4) $ 0
Balance, shares at Sep. 30, 2024   316,046           113
Balance, amount at Sep. 30, 2024 $ 2,033,531 $ 3 $ 0 $ 98,182,946 $ (96,057,720) $ 2,087,214 $ (53,683) $ (38,015)