Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Total
Common Stock [Member]
Preferred Stock [Member]
Treasury Stocks
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Stockholders Deficit SOBR Safe Inc [Member]
Noncontrolling Interest
Balance, shares at Dec. 31, 2022   16,984,570 3,000,000 (12,329)        
Balance, amount at Dec. 31, 2022 $ 9,090,353 $ 170 $ 30 $ (38,015) $ 87,509,666 $ (78,327,845) $ 9,144,006 $ (53,653)
Cumulative effect of adopting ASU 2020-06 (132,646) $ 0 0 0 (909,214) 776,568 (132,646) 0
Common stock issued for services, shares   225,000            
Common stock issued for services, amount 211,500 $ 2 0 0 211,498 0 211,500 0
Warrants issued for services 162,481 0 0 0 162,481 0 162,481 0
Paid-in capital - fair value of stock options and restricted stock units 698,913 0 0 0 698,913 0 698,913 0
Paid in capital - relative fair value of stock warrants granted, net of issuance costs 398,517 0 0 0 398,517 0 398,517 0
Net loss (2,601,692) $ 0 $ 0 $ 0 0 (2,601,687) (2,601,687) (5)
Balance, shares at Mar. 31, 2023   17,209,570 3,000,000 (12,329)        
Balance, amount at Mar. 31, 2023 7,827,426 $ 172 $ 30 $ (38,015) 88,071,861 (80,152,964) 7,881,084 (53,658)
Paid-in capital - fair value of stock options and restricted stock units 627,762 0 0 0 627,762 0 627,762 0
Net loss (2,873,958) $ 0 $ 0 0 0 (2,873,954) (2,873,954) (4)
Conversion of preferred stock to common stock, shares   1,000,000 (3,000,000)          
Conversion of preferred stock to common stock, amount 0 $ 10 $ (30) 0 20 0 0 0
Common stock issued for restricted stock units vested, shares   185,000            
Common stock issued for restricted stock units vested, amount 0 $ 2 0 0 (2) 0 0 0
Common stock issued upon conversion of convertible debt, shares   150,000            
Common stock issued upon conversion of convertible debt, amount 221,182 $ 1 0 $ 0 221,181 0 221,182 0
Balance, shares at Jun. 30, 2023   18,544,570   (12,329)        
Balance, amount at Jun. 30, 2023 5,802,412 $ 185 0 $ (38,015) 88,920,822 (83,026,918) 5,856,074 (53,662)
Balance, shares at Dec. 31, 2023   18,594,570   (12,329)        
Balance, amount at Dec. 31, 2023 1,982,537 $ 186 0 $ (38,015) 89,840,017 (87,765,981) 2,036,207 (53,670)
Paid-in capital - fair value of stock options and restricted stock units 214,398 0 0 0 214,398 0 214,398 0
Net loss (2,505,921) $ 0 0 0 0 (2,505,916) (2,505,916) (5)
Common stock issued for restricted stock units vested, shares   115,000            
Common stock issued for restricted stock units vested, amount 0 $ 1 0 0 (1) 0 0 0
Common stock issued upon conversion of convertible debt, shares   1,297,895            
Common stock issued upon conversion of convertible debt, amount 1,247,922 $ 13 0 0 1,247,909 0 1,247,922 0
Deemed dividends related to Convertible Debt Warrants down round provision 0 0 0 0 23,270 (23,270) 0 0
Deemed dividends related to PIPE Warrants down round provision 0 0 0 0 42,539 (42,539) 0 0
Deemed dividends related to Original Warrants and New Warrants down round provision 0 $ 0 0 $ 0 1,455,805 (1,455,805) 0 0
Balance, shares at Mar. 31, 2024   20,007,465   (12,329)        
Balance, amount at Mar. 31, 2024 938,936 $ 200 0 $ (38,015) 92,823,937 (91,793,511) 992,611 (53,675)
Balance, shares at Dec. 31, 2023   18,594,570   (12,329)        
Balance, amount at Dec. 31, 2023 1,982,537 $ 186 0 $ (38,015) 89,840,017 (87,765,981) 2,036,207 (53,670)
Balance, shares at Jun. 30, 2024   34,764,593   (12,329)        
Balance, amount at Jun. 30, 2024 3,690,498 $ 347 0 $ (38,015) 97,998,359 (94,216,514) 3,744,177 (53,679)
Balance, shares at Mar. 31, 2024   20,007,465   (12,329)        
Balance, amount at Mar. 31, 2024 938,936 $ 200 0 $ (38,015) 92,823,937 (91,793,511) 992,611 (53,675)
Paid-in capital - fair value of stock options and restricted stock units 185,909 0 0 0 185,909 0 185,909 0
Net loss (2,077,374) $ 0 0 0 0 (2,077,370) (2,077,370) (4)
Common stock issued upon conversion of convertible debt, shares   4,437,965            
Common stock issued upon conversion of convertible debt, amount 2,217,609 $ 44 0 0 2,217,565 0 2,217,609 0
Deemed dividends related to PIPE Warrants down round provision 0 $ 0 0 0 4,336 (4,336) 0 0
Common stock issued upon exercise of warrants, shares   10,319,163            
Common stock issued upon exercise of warrants, amount 2,425,418 $ 103 0 $ 0 2,766,612 (341,297) 2,425,418 0
Balance, shares at Jun. 30, 2024   34,764,593   (12,329)        
Balance, amount at Jun. 30, 2024 $ 3,690,498 $ 347 $ 0 $ (38,015) $ 97,998,359 $ (94,216,514) $ 3,744,177 $ (53,679)