2022 Q2 Form 10-Q Financial Statement

#000147793222003834 Filed on May 23, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $1.500K $1.500K $0.00
YoY Change
Cost Of Revenue $0.00 $1.100K $0.00
YoY Change
Gross Profit $1.500K $400.00 $0.00
YoY Change
Gross Profit Margin 100.0% 26.67%
Selling, General & Admin $1.091M $2.616M $699.2K
YoY Change 20.75% 274.09% 93.35%
% of Gross Profit 72754.67% 653897.5%
Research & Development $485.2K $47.46K $171.5K
YoY Change 54.26% -72.32% 153.23%
% of Gross Profit 32345.6% 11864.75%
Depreciation & Amortization $96.36K $96.37K $96.37K
YoY Change 0.0% 0.0%
% of Gross Profit 6424.0% 24092.5%
Operating Expenses $1.673M $2.759M $967.0K
YoY Change 27.24% 185.35% 125.23%
Operating Profit -$1.671M -$2.759M -$967.0K
YoY Change 27.13% 185.31%
Interest Expense $1.112M $1.026M $25.88K
YoY Change 661.27% 3866.58% -152.69%
% of Operating Profit
Other Income/Expense, Net $216.4K $30.00
YoY Change
Pretax Income -$188.4K $0.00 $0.00
YoY Change -87.79% -100.0%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$188.4K -$5.570M -$1.002M
YoY Change -87.79% 455.62% 122.83%
Net Earnings / Revenue -12558.73% -371312.2%
Basic Earnings Per Share
Diluted Earnings Per Share -$20.94K -$1.954M -$115.8K
COMMON SHARES
Basic Shares Outstanding 10.16M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.751M $107.5K $694.1K
YoY Change 515.46% -84.52% 73.56%
Cash & Equivalents $3.751M $107.4K $694.1K
Short-Term Investments
Other Short-Term Assets $1.218M $29.29K $140.6K
YoY Change 2826.14% -79.16% 1779.41%
Inventory $172.3K $105.0K
Prepaid Expenses $1.275M $29.29K
Receivables $1.250K $500.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.200M $242.2K $837.4K
YoY Change 698.6% -71.08% 105.57%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.73K $30.58K $8.680K
YoY Change 288.56% 252.3%
Total Long-Term Assets $3.085M $3.179M $3.542M
YoY Change -10.46% -10.26%
TOTAL ASSETS
Total Short-Term Assets $5.200M $242.2K $837.4K
Total Long-Term Assets $3.085M $3.179M $3.542M
Total Assets $8.285M $3.421M $4.380M
YoY Change 102.23% -21.89% 975.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $275.0K $367.0K $166.6K
YoY Change 27.26% 120.27% -0.01%
Accrued Expenses $366.4K $1.706M $374.0K
YoY Change 22.26% 356.07% -32.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.495M $3.699M $121.0K
YoY Change 1189.11% 2957.64%
Total Short-Term Liabilities $2.524M $7.247M $981.6K
YoY Change 153.97% 638.31% -56.99%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $381.0K $48.01K
YoY Change -100.0% 693.58%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $381.0K $48.01K
YoY Change -100.0% 693.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.524M $7.247M $981.6K
Total Long-Term Liabilities $0.00 $381.0K $48.01K
Total Liabilities $2.524M $7.575M $976.0K
YoY Change 110.32% 676.09% -56.22%
SHAREHOLDERS EQUITY
Retained Earnings -$63.23M -$63.04M
YoY Change 21.25%
Common Stock $110.00
YoY Change -57.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.815M -$4.208M $3.350M
YoY Change
Total Liabilities & Shareholders Equity $8.285M $3.421M $4.380M
YoY Change 102.23% -21.89% 975.08%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$188.4K -$5.570M -$1.002M
YoY Change -87.79% 455.62% 122.83%
Depreciation, Depletion And Amortization $96.36K $96.37K $96.37K
YoY Change 0.0% 0.0%
Cash From Operating Activities -$1.947M -$774.8K -$668.8K
YoY Change 102.86% 15.86% 120.09%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.591M $0.00 $1.130M
YoY Change 538.91% -100.0% 5036.36%
NET CHANGE
Cash From Operating Activities -1.947M -$774.8K -$668.8K
Cash From Investing Activities
Cash From Financing Activities 5.591M $0.00 $1.130M
Net Change In Cash 3.644M -$774.8K $461.2K
YoY Change -4410.31% -267.99% -263.63%
FREE CASH FLOW
Cash From Operating Activities -$1.947M -$774.8K -$668.8K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2022Q1 us-gaap Use Of Estimates
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The preparation of unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Specifically, such estimates were made by the Company for the recoverability and useful lives of long-lived assets, the intellectual technology, the valuation of the derivative instruments, beneficial conversion feature expenses, stock-based compensation and the valuation allowance related to deferred tax assets. Actual results could differ from those estimates.
CY2022Q1 sobr Derivative Instrumentspolicytextblock
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Debt issuance costs incurred in connection with the issuance of debt are capitalized and amortized to interest expense over the term of the debt using the effective interest method. The unamortized amount is presented as a reduction of debt on the balance sheet.</p>
CY2022Q1 sobr Minority Interest Noncontrolling Interest
MinorityInterestNoncontrollingInterest
A subsidiary of the Company has minority members representing ownership interests of 1.38% at March 31, 2022 and December 31, 2021. The Company accounts for these minority, or noncontrolling interests, pursuant to ASC 810-10-65 whereby gains and losses in a subsidiary with a noncontrolling interest are allocated to the noncontrolling interest based on the ownership percentage of the noncontrolling interest, even if that allocation results in a deficit noncontrolling interest balance.
CY2022Q1 us-gaap Minority Interest Ownership Percentage By Parent
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4286 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
4286 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
3874965 USD
CY2022Q1 sobr Approximate Retained Earnings Accumulated Deficit
ApproximateRetainedEarningsAccumulatedDeficit
-63000000 USD
CY2022Q1 sobr Approximate Net Cash Provided By Used In Operating Activities
ApproximateNetCashProvidedByUsedInOperatingActivities
-775000 USD
CY2022Q1 sobr Convertible Notes Payable Loan Balance
ConvertibleNotesPayableLoanBalance
3048781 USD
CY2022Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.12 pure
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2005000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1100000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
155000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
750000 USD
CY2022Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
6
CY2022Q1 sobr Consulting Services
ConsultingServices
25000 USD
CY2020Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
29175230 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
25320555 USD
CY2022Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
51050 USD
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
0 USD
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
53900 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
39461 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
104950 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
39461 USD
CY2021Q4 sobr Consulting Services
ConsultingServices
8267 USD
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
29286 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12553 USD
CY2022Q1 sobr Amortization And Depreciation Expense
AmortizationAndDepreciationExpense
96366 USD
CY2021Q1 sobr Amortization And Depreciation Expense
AmortizationAndDepreciationExpense
96366 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
385467 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
385467 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
385467 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
385467 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
385467 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
1220656 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1291882 USD
CY2022Q1 sobr Net Convertible Debenture Payable
NetConvertibleDebenturePayable
3048781 USD
CY2021Q4 sobr Net Convertible Debenture Payable
NetConvertibleDebenturePayable
1756899 USD
CY2022Q1 sobr Oid Percentage
OidPercentage
0.18 pure
CY2022Q1 sobr Proceeds From Financing Transition
ProceedsFromFinancingTransition
2500000 USD
CY2021Q1 sobr Issuance Of Convertible Notes Payable
IssuanceOfConvertibleNotesPayable
350000 shares
CY2021Q1 sobr Indirect Interest Amount Recieved
IndirectInterestAmountRecieved
200000 USD
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
9
CY2021Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
91667 shares
CY2021Q1 sobr Warrants Exercise Price
WarrantsExercisePrice
9
CY2021Q2 sobr Indirect Interest Amount Recieved
IndirectInterestAmountRecieved
50000 USD
CY2021Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
9
CY2021Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
75000 shares
CY2021Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
9
CY2022Q1 sobr Convertible Debt Default Penalty
ConvertibleDebtDefaultPenalty
914634 USD
CY2021Q4 sobr Convertible Debt Default Penalty
ConvertibleDebtDefaultPenalty
0 USD
CY2022Q1 us-gaap Program Rights Obligations
ProgramRightsObligations
192399 USD
CY2021Q4 us-gaap Program Rights Obligations
ProgramRightsObligations
189663 USD
CY2022Q1 us-gaap Financial Services Liabilities
FinancialServicesLiabilities
178647 USD
CY2021Q4 us-gaap Financial Services Liabilities
FinancialServicesLiabilities
163647 USD
CY2022Q1 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
110016 USD
CY2021Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
110590 USD
CY2022Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1395696 USD
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
463900 USD
CY2022Q1 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
3048781 USD
CY2021Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
3048781 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 USD
CY2022Q1 sobr Warrants Issued To Purchase Common Shares
WarrantsIssuedToPurchaseCommonShares
406504 shares
CY2022Q1 sobr Debenture Conversion Description
DebentureConversionDescription
The Debenture is convertible voluntarily by the Purchaser at any time into shares of our common stock, at the lesser of $7.50, representing 100% of the closing price of our common stock on the trading day immediately prior to the Closing Date, or 75% of the average VWAP of our common stock during the 5 trading day period immediately prior to the conversion date (the “Conversion Price”), or automatically upon the occurrence of a single public offering of our common stock which results in the listing of our common stock on a national securities exchange as defined in the Exchange Act (the “Qualified Offering”) into shares of our common stock at the lesser of the Conversion Price, or 75% of the offering price of the securities offered in the Qualified Offering
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
6.00
CY2022Q1 sobr Adjusted Exercise Price
AdjustedExercisePrice
3.00
CY2022Q1 sobr Partial Liquidated Damages Description
PartialLiquidatedDamagesDescription
Company shall pay to the Purchaser as partial liquidated damages equal to the product of 2% of the principal amount not to exceed 24% of the aggregate principal. If the Company fails to pay of the liquidated damages within seven days after the date payable, the Company will pay interest at 18% until such amounts are paid in full
CY2022Q1 sobr Unpaid Damages And Estimated Related Costs
UnpaidDamagesAndEstimatedRelatedCosts
192399 USD
CY2021 sobr Unpaid Damages And Estimated Related Costs
UnpaidDamagesAndEstimatedRelatedCosts
189700 USD
CY2021Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
2736 USD
CY2022Q1 us-gaap Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
1.30 pure
CY2022Q1 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1 pure
CY2022Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
914634 USD
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
101626 shares
CY2022Q1 sobr Warrant To Purchase Additional Shares Of Common Stock Expiry Date
WarrantToPurchaseAdditionalSharesOfCommonStockExpiryDate
2029-03-29
CY2022Q1 sobr Conversion Feature Debt Discount
ConversionFeatureDebtDiscount
980000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
465635 USD
CY2022Q1 sobr Outstanding Warrants
OutstandingWarrants
508130 shares
CY2021 sobr Unamortized Discount
UnamortizedDiscount
402465 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
465635 USD
CY2022Q1 sobr Debenture Reacquisition Price
DebentureReacquisitionPrice
3912781 USD
CY2022Q1 sobr Debt Face Amount
DebtFaceAmount
3048781 USD
CY2022Q1 sobr Fair Market Value Of Stock Warrants
FairMarketValueOfStockWarrants
864000 USD
CY2022Q1 sobr Original Issue Discount
OriginalIssueDiscount
548781 USD
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
275000 USD
CY2021Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
423782 USD
CY2022Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
423782 USD
CY2022Q1 sobr Net Related Party Notes Payable Current Portion2 C
NetRelatedPartyNotesPayableCurrentPortion2C
-302152 USD
CY2021Q4 sobr Net Related Party Notes Payable Current Portion2 C
NetRelatedPartyNotesPayableCurrentPortion2C
-11810 USD
CY2022Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
385889 USD
CY2021Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
3847 USD
CY2021Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
9
CY2021Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
9
CY2020Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
4.9
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-340000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
1380000 USD
CY2022Q1 sobr Schedule Of Notes Payables Non Related Parties
ScheduleOfNotesPayablesNonRelatedParties
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>March 31,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31, </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible Notes Payable with Detached Free-standing Warrants</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,005,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,005,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible Notes Payable </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">9,183</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">56,683</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Conventional Non-Convertible Notes Payable </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">42,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">42,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Notes Payable with Detached Free-standing Warrants </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">5,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">5,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Unamortized Debt Discount </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(519,571 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(648,580 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net Non-Related Party Notes Payable</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">542,112</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">460,603</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Current Portion</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(348,508 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(104,183 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Net Long-Term Portion</strong></p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;"><strong>193,604</strong></td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;"><strong>356,420</strong></td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2022Q1 sobr Current Portion
CurrentPortion
-348508 USD
CY2021Q4 sobr Current Portion
CurrentPortion
-104183 USD
CY2022Q1 sobr Net Long Term Non Related Party Notes Payable
NetLongTermNonRelatedPartyNotesPayable
193604 USD
CY2021Q4 sobr Net Long Term Non Related Party Notes Payable
NetLongTermNonRelatedPartyNotesPayable
356420 USD
CY2022Q1 sobr Proceeds From Financing Transition
ProceedsFromFinancingTransition
2500000 USD
CY2022Q1 sobr Oid Percentage
OidPercentage
0.18 pure
CY2022Q1 sobr Debt Face Amount
DebtFaceAmount
3048781 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.20 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0005 pure
CY2021Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
980000 USD
CY2022Q1 sobr Derivative Liability Starting Balance
DerivativeLiabilityStartingBalance
1040000 USD
CY2022Q1 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
0 USD
CY2022Q1 us-gaap Capital Units Adjustment For Market Changes
CapitalUnitsAdjustmentForMarketChanges
340000 USD
CY2022Q1 sobr Derivative Liability Ending Balance
DerivativeLiabilityEndingBalance
1380000 USD
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
857409 shares
CY2021Q1 sobr Weighted Average Remaining Contractual Life Beginning Balance
WeightedAverageRemainingContractualLifeBeginningBalance
P7Y5M12D
CY2021Q1 sobr Weighted Average Exercise Price Per Share Beginning Balance
WeightedAverageExercisePricePerShareBeginningBalance
1.4997
CY2021Q1 sobr Aggregate Intrinsic Beginning Balance Value
AggregateIntrinsicBeginningBalanceValue
6302277 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
857409 shares
CY2021Q1 sobr Weighted Average Remaining Contractual Life Ending Balance
WeightedAverageRemainingContractualLifeEndingBalance
P7Y2M15D
CY2021Q1 sobr Weighted Average Exercise Price Per Share Ending Balance
WeightedAverageExercisePricePerShareEndingBalance
1.4497
CY2021Q1 sobr Aggregate Intrinsic Value Ending Balance
AggregateIntrinsicValueEndingBalance
6739385 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1053356 shares
CY2022Q1 sobr Weighted Average Remaining Contractual Life Beginning Balance
WeightedAverageRemainingContractualLifeBeginningBalance
P6Y2M15D
CY2022Q1 sobr Weighted Average Exercise Price Per Share Beginning Balance
WeightedAverageExercisePricePerShareBeginningBalance
3.3900
CY2022Q1 sobr Aggregate Intrinsic Beginning Balance Value
AggregateIntrinsicBeginningBalanceValue
5804517 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
70000 shares
CY2022Q1 sobr Weighted Average Remaining Contractual Life Warrants Granted
WeightedAverageRemainingContractualLifeWarrantsGranted
P2Y14D
CY2022Q1 sobr Weighted Average Exercise Price Per Share Warrants Granted
WeightedAverageExercisePricePerShareWarrantsGranted
8.2893
CY2022Q1 sobr Aggregate Intrinsic Value Warrants Granted
AggregateIntrinsicValueWarrantsGranted
0 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1123356 shares
CY2022Q1 sobr Weighted Average Remaining Contractual Life Ending Balance
WeightedAverageRemainingContractualLifeEndingBalance
P5Y8M15D
CY2022Q1 sobr Weighted Average Exercise Price Per Share Ending Balance
WeightedAverageExercisePricePerShareEndingBalance
3.7042
CY2022Q1 sobr Aggregate Intrinsic Value Ending Balance
AggregateIntrinsicValueEndingBalance
2014970 USD
CY2021 sobr Weighted Average Remaining Contractual Life Exercisable
WeightedAverageRemainingContractualLifeExercisable
P6Y8M12D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
1.5861
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
4655089 USD
CY2022Q1 sobr Weighted Average Remaining Contractual Life Exercisable
WeightedAverageRemainingContractualLifeExercisable
P4Y1M28D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
2.1692
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
3710124 USD
CY2006Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
11164 USD
CY2022Q1 sobr Accrued Interest
AccruedInterest
11164 USD
CY2021Q4 sobr Accrued Interest
AccruedInterest
18000 USD

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