SOBR Safe Inc. (SOBR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
6400 S. FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE, CO 80111 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2721 - Periodicals: Publishing, or Publishing and Printing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,800 | 8,579 | 882 | 233 | 682 | 0 | |||
| Cash and cash equivalents | 2,800 | 8,579 | 882 | 233 | 682 | 0 | |||
| Receivables | 25 | 354 | (1,440) | 1,347 | |||||
| Inventory, net of allowances, customer advances and progress billings | 343 | 215 | 39 | ||||||
| Inventory | 343 | 215 | 39 | ||||||
| Prepaid expense | 213 | 201 | 13 | 115 | 9 | 13 | |||
| Other current assets | |||||||||
| Other undisclosed current assets | (10) | 30 | (354) | 1,440 | (1,347) | ||||
| Total current assets: | 3,371 | 9,026 | 934 | 348 | 691 | 13 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 275 | ✕ | |||||||
| Intangible assets, net (including goodwill) | 2,473 | 2,859 | 3,244 | 3,630 | |||||
| Intangible assets, net (excluding goodwill) | 2,473 | 2,859 | 3,244 | 3,630 | |||||
| Other noncurrent assets | 27 | 27 | 31 | 9 | |||||
| Total noncurrent assets: | 2,776 | 2,886 | 3,275 | 3,639 | |||||
| TOTAL ASSETS: | 6,147 | 11,912 | 4,209 | 3,987 | 691 | 13 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,253 | 161 | 986 | 549 | 1,308 | 1,150 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 252 | 134 | 674 | 537 | ||
| Accounts payable | 526 | 143 | 270 | 101 | 214 | 192 | |||
| Accrued liabilities | 727 | 18 | 464 | 313 | 420 | 421 | |||
| Debt | 64 | 104 | 104 | 170 | 164 | ||||
| Derivative instruments and hedges, liabilities | 61 | ||||||||
| Due to related parties | ✕ | ✕ | 2 | 83 | 29 | 905 | 2,122 | ||
| Other undisclosed current liabilities | 206 | 2,659 | 2,809 | 265 | 1,841 | 1 | |||
| Total current liabilities: | 1,523 | 2,822 | 3,982 | 947 | 4,284 | 3,437 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,306 | ||||||||
| Long-term debt, excluding current maturities | 2,306 | ||||||||
| Liabilities, other than long-term debt | 214 | ||||||||
| Accounts payable and accrued liabilities | 11 | ||||||||
| Operating lease, liability | 203 | ✕ | |||||||
| Other undisclosed noncurrent liabilities | 121 | 711 | |||||||
| Total noncurrent liabilities: | 2,642 | 711 | |||||||
| Total liabilities: | 4,165 | 2,822 | 4,693 | 947 | 4,284 | 3,437 | |||
| Temporary equity, carrying amount | 0 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,036 | 9,090 | (484) | 3,039 | (3,593) | (3,423) | |||
| Common stock | 0 | 0 | 356 | 0 | 2 | 1 | |||
| Treasury stock, value | (38) | (38) | |||||||
| Common stock, value, subscriptions | 254 | 80 | |||||||
| Additional paid in capital | 89,840 | 87,510 | 57,041 | 52,694 | 15,969 | 14,888 | |||
| Accumulated deficit | (87,766) | (78,328) | (57,471) | (49,601) | (19,511) | (18,262) | |||
| Other undisclosed equity, attributable to parent | (54) | (410) | (307) | (133) | (50) | ||||
| Equity, attributable to noncontrolling interest | (54) | (54) | (54) | (53) | (50) | ||||
| Other undisclosed equity | 53 | 54 | 107 | 101 | |||||
| Total equity: | 1,983 | 9,090 | (484) | 3,039 | (3,540) | (3,373) | |||
| Other undisclosed liabilities and equity | (53) | (50) | |||||||
| TOTAL LIABILITIES AND EQUITY: | 6,147 | 11,912 | 4,209 | 3,987 | 691 | 13 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 157 | 35 | 40 | |||||
| Revenue from related parties | ✕ | ✕ | 40 | |||||
| Other income | 216 | 230 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (95) | (19) | ||||||
| Gross profit: | 62 | 16 | 40 | |||||
| Operating expenses | (9,663) | (10,429) | (5,555) | (2,910) | (787) | (299) | ||
| Other undisclosed operating loss | (40) | |||||||
| Operating loss: | (9,601) | (10,413) | (5,555) | (2,910) | (787) | (299) | ||
| Nonoperating expense | (614) | (465) | (263) | |||||
| Other nonoperating expense | (614) | |||||||
| Interest and debt expense | (26) | (5) | (1,420) | 83 | 497 | (5) | ||
| Loss from continuing operations before equity method investments, income taxes: | (10,241) | (10,419) | (6,975) | (2,827) | (755) | (567) | ||
| Other undisclosed income from continuing operations before income taxes | 26 | 5 | ||||||
| Loss from continuing operations before income taxes: | (10,215) | (10,419) | (6,975) | (2,827) | (755) | (562) | ||
| Income tax expense | (7,283) | (4,129) | (516) | |||||
| Loss from continuing operations: | (10,215) | (17,702) | (11,104) | (2,827) | (755) | (1,079) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (11,104) | (2,827) | (755) | (1,079) | |
| Other undisclosed net income (loss) | 5,347 | (497) | ||||||
| Net loss: | (10,215) | (12,355) | (11,104) | (2,827) | (1,252) | (1,079) | ||
| Net income attributable to noncontrolling interest | 0 | |||||||
| Other undisclosed net income (loss) attributable to parent | (0) | 3,234 | (27,155) | 516 | ||||
| Net loss attributable to parent: | (10,215) | (12,355) | (7,870) | (29,982) | (1,252) | (562) | ||
| Preferred stock dividends and other adjustments | 108 | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | 0 | |||||||
| Net loss available to common stockholders, diluted: | (10,215) | (12,355) | (7,870) | (29,874) | (1,252) | (562) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (10,215) | (12,355) | (11,104) | (2,827) | (1,252) | (1,079) | ||
| Other undisclosed comprehensive income | 2,827 | |||||||
| Comprehensive income (loss): | (10,215) | (12,355) | (11,104) | 0 | (1,252) | (1,079) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (10,215) | (12,355) | (11,104) | 0 | (1,252) | (1,079) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.