Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 2,106,473 $ 4,759,370
Accounts receivable, net 22,604 35,907
Inventory 142,222 146,522
Prepaid expenses 207,428 267,766
Other current assets 16,281 21,371
Total current assets 2,495,008 5,230,936
Property and equipment, net 32,447 34,355
Intellectual technology, net 1,175,588 1,246,124
Operating lease right-of-use assets, net 55,244 82,380
Other assets 27,427 27,427
Total Assets 3,785,714 6,621,222
Current liabilities    
Accounts payable 493,298 484,731
Accrued expenses 405,081 866,335
Accrued interest payable 116,360 114,901
Operating lease liabilities, current portion 61,656 91,993
Deferred revenue 31,248 6,600
Notes payable - related parties, net 11,810 11,810
Notes payable - non- related parties, net 26,683 119,663
Total current liabilities 1,146,136 1,696,033
Total Liabilities 1,146,136 1,696,033
Stockholders' Equity    
Common stock, $0.00001 par value; 100,000,000 shares authorized, 2,806,562 and 1,886,238 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 28 19
Treasury stock, at cost; 17 shares as of March 31, 2026 and December 31, 2025 (38,015) (38,015)
Additional paid-in capital 112,354,443 112,347,141
Accumulated deficit (109,623,170) (107,330,252)
Total SOBR Safe, Inc. stockholders' equity 2,693,286 4,978,893
Noncontrolling interest (53,708) (53,704)
Total Stockholders' Equity 2,639,578 4,925,189
Total Liabilities and Stockholders' Equity $ 3,785,714 $ 6,621,222