SOBR Safe, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

NOTE 3. PROPERTY & EQUIPMENT

NOTE 3. PROPERTY & EQUIPMENT

9 Months Ended

Sep. 30, 2015

Property and equipment values recorded at cost are as follows:

	Sept. 30, 2015			Dec. 31, 2014
Office and Lab Equipment	$	32,127		$	32,127
Furniture and fixtures		11,556			11,556
		43,683			43,683
Less accumulated depreciation		(43,642	)		(43,229	)
Property & Equipment, Net	$	41		$	454

Depreciation expense for the nine months ended September 30, 2015 and 2014 was $413 and $582, respectively. Depreciation expense for the three months ended September 30, 2015 and 2014 was $44 and $194, respectively.