SOBR Safe, Inc.

Listed Company

SOBRCIK 0001425627NasdaqNon-AcceleratedSmaller ReportingPeriodicals: Publishing Or Publishing & PrintingDelawareFY ends Dec 31

Period

FY 2025

Revenue

$437.4K

Net Income

$-8.95M

Total Assets

—

Equity

—

Shares Out

2.81M

Op. Cash Flow

$-6.96M

Business

SOBR Safe, Inc. provides non-invasive alcohol monitoring technologies integrated with a software platform for real-time detection and identity verification. Its primary products and services include the SOBRsafe software platform, the SOBRcheck touch-based identity verification and transdermal alcohol sensor, the SOBRsure fitness-style wearable band, data collection/analytics and licensing/integration opportunities. The company operates as a single business segment focused on device and software integration, sales, and licensing. It targets behavioral health and wellness, judicial administration, commercial workplace applications and individual consumers, distributing via direct sales, channel partners, enterprise and consumer digital channels.

Summary from filing dated 2025-04-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	437,421	212,736	157,292	35,322	0
Cost of goods and services	201,920	193,568	94,942	19,315	0
Gross profit	235,501	19,168	62,350	16,007	0
Selling, general and administrative	8	6	6	6	4
Stock-based compensation expense	485,432	729,712	2	3	—
Research and development	329,654	747,525	1	1	1
Asset impairment loss	456,377	0	—	—	0
Total operating expenses	9	8	10	10	6
Loss from operations	−9	−8	−10	−10	−6
Other income	228,737	110,212	216,211	230,414	0
Notes payable - conversion expense	0	−585,875	0	—	—
Interest expense	−21,777	−457,662	−804,261	−3	−1
Total other income (expense), net	206,960	−933,325	−614,175	−2	—
Loss before provision for income taxes	−9	−9	−10	−12	—
Provision for income taxes	0	0	0	0	0
Net loss	−9	−9	−10	−12	−8
Net loss attributable to noncontrolling interest	17	17	17	—	—
Net loss attributable to SOBR Safe, Inc.	−9	−9	−10	−12	−8
Deemed dividends related to convertible debt warrants down round provision	−1,833	−23,270	0	—	—
Deemed dividends related to PIPE warrants down round provision	−1,547	−46,875	0	—	—
Deemed dividends related to original warrants and new warrants down round provision	0	−2	0	—	—
Value of exercise price reduction related to warrant inducement	−47,373	−341,297	0	—	—
Net loss attributable to common stockholders	−9	−11	−10	−21	—
Basic and diluted loss per common share	6.12	172.19	−619.15	—	—
Weighted average number of common shares outstanding	1	61,342	16,498	—	26

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash	5	8	3	9	882,268
Accounts receivable, net	35,907	24,460	25,280	30,322	354,453
Inventory	146,522	224,875	342,782	215,493	39,461
Prepaid expenses	267,766	192,637	213,261	200,905	12,553
Other current assets	21,371	46,060	0	—	—
Total current assets	5	9	3	9	934,282
Property and equipment, net	34,355	0	—	—	—
Intellectual technology, net	1	2	2	3	3
Operating lease right-of-use assets, net	82,380	183,737	274,713	0	—
Other assets	27,427	27,427	27,427	27,427	30,576
Total Assets	7	11	6	12	4
Accounts payable	484,731	422,557	525,665	142,965	270,150
Accrued expenses	866,335	498,128	726,940	392,282	463,900
Accrued interest payable	114,901	105,501	96,988	469,691	252,110
Deferred revenue	6,600	0	—	—	—
Operating lease liabilities, current portion	91,993	111,303	97,108	0	—
Notes payable - related parties, net	11,810	11,810	—	—	—
Notes payable - non-related parties, net	119,663	127,590	—	—	—
Total current liabilities	2	1	2	3	4
Operating lease liabilities, less current portion	0	91,993	203,295	0	—
Total Liabilities	2	1	4	3	5
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	0	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	2	170	88
Treasury stock, at cost; 17 and 16 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	−38,015	−38,015	−38,015	−38,015	—
Additional paid-in capital	112	108	90	88	57
Accumulated deficit	−107	−98	−88	776,569	−57
Total SOBR Safe, Inc. stockholders' equity	5	10	2	9	−483,593
Noncontrolling interest	−53,704	−53,687	−53,670	−53,653	−53,636
Total Stockholders' Equity	5	10	2	9	−483,593
Total Liabilities and Stockholders' Equity	7	11	6	12	4

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Amortization and depreciation	389,281	385,464	—	—	—
Amortization of debt discounts	0	237,250	562,690	2	—
Stock-based compensation expense	485,432	729,712	2	3	—
Non-cash conversion expense	0	585,875	0	—	—
Non-cash interest expense	8,141	204,043	29,638	0	—
Non-cash lease expense	101,357	90,976	55,994	0	—
Non-cash disposal of obsolete inventory	0	115,741	0	—	—
Non-cash asset impairment loss	456,377	0	—	—	—
Bad debt expense	16,203	25,260	3,124	0	—
Accounts receivable	−27,650	−24,440	1,918	−30,322	0
Inventory	78,353	2,166	−127,289	−176,032	−39,461
Prepaid expenses	197,919	284,690	655,507	86,238	42,585
Other assets	24,689	−46,060	0	—	—
Accounts payable	62,174	−103,108	382,700	−127,185	168,842
Accrued expenses	304,322	−311,403	334,658	1	150,865
Accrued interest payable	1,259	8,513	−237,564	217,581	117,666
Deferred revenue	6,600	0	—	—	—
Operating lease liabilities	−111,303	−97,107	−30,304	0	—
Net cash used in operating activities	−7	−7	−6	−6	−4
Purchase of property and equipment	−38,172	0	—	—	—
Net cash used in investing activities	−38,172	0	—	—	—
Proceeds from notes payable - non-related parties	—	0	3	0	1
Repayments of notes payable - non-related parties	−250,421	−200,808	−1	−242,797	0
Proceeds from private equity offering	2	8	0	10	0
Proceeds from exercise of stock warrants	4	5	0	3	88,470
Payment for transaction costs of equity transactions	−418,458	−1	0	—	—
Payment of 2024 PIPE Warrant True-up Payment	−2	0	—	—	—
Net cash provided by financing activities	3	12	139,226	14	4
Net Change In Cash	−4	6	−6	8	649,426
Non-related party debt converted to capital	0	3	341,998	—	—
Deemed dividends related to original warrants and new warrants down round provision	0	2	0	—	—
Deemed dividends related to 2022 PIPE warrants down round provision	1,547	46,875	—	—	—
Deemed dividends related to convertible debt warrants down round provision	1,883	23,270	0	—	—
Deemed dividends related to 2024 PIPE warrants down round provision	47,373	0	—	—	—
Value of exercise price reduction related to warrant inducement	0	341,297	—	—	—
Financing of prepaid insurance premiums	0	264,066	293,882	—	—
Issuance of common stock and warrants for prepaid services	0	0	373,981	—	—
Cash paid for interest	12,377	32,579	446,069	30,722	72,672

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro