Annual report [Section 13 and 15(d), not S-K Item 405]

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 4,759,370 $ 8,384,042
Accounts receivable, net 35,907 24,460
Inventory 146,522 224,875
Prepaid expenses 267,766 192,637
Other current assets 21,371 46,060
Total current assets 5,230,936 8,872,074
Property and equipment, net 34,355 0
Intellectual technology, net 1,246,124 2,087,965
Operating lease right-of-use assets, net 82,380 183,737
Other assets 27,427 27,427
Total Assets 6,621,222 11,171,203
Current liabilities    
Accounts payable 484,731 422,557
Accrued expenses 866,335 498,128
Accrued interest payable 114,901 105,501
Deferred revenue 6,600 0
Operating lease liabilities, current portion 91,993 111,303
Notes payable - related parties, net 11,810 11,810
Notes payable - non-related parties, net 119,663 127,590
Total current liabilities 1,696,033 1,276,889
Operating lease liabilities, less current portion 0 91,993
Total Liabilities 1,696,033 1,368,882
Stockholders' Equity    
Preferred stock, $0.00001 par value; 16,300,000 shares authorized, no shares issued or outstanding at December 31, 2025 and December 31, 2024 0 0
Common stock, $0.00001 par value; 100,000,000 shares authorized; 1,886,238 and 936,926 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 19 94
Treasury stock, at cost; 17 and 16 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively (38,015) (38,015)
Additional paid-in capital 112,347,141 108,222,324
Accumulated deficit (107,330,252) (98,328,395)
Total SOBR Safe, Inc. stockholders' equity 4,978,893 9,856,008
Noncontrolling interest (53,704) (53,687)
Total Stockholders' Equity 4,925,189 9,802,321
Total Liabilities and Stockholders' Equity 6,621,222 11,171,203
Series A Convertible Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock, $0.00001 par value; 16,300,000 shares authorized, no shares issued or outstanding at December 31, 2025 and December 31, 2024 0 0
Series B Convertible Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock, $0.00001 par value; 16,300,000 shares authorized, no shares issued or outstanding at December 31, 2025 and December 31, 2024 0 0
Series A-1 Convertible Preferred stock [Member]    
Stockholders' Equity    
Preferred stock, $0.00001 par value; 16,300,000 shares authorized, no shares issued or outstanding at December 31, 2025 and December 31, 2024 $ 0 $ 0