Sobr Safe Inc

SOBR Safe, Inc. engages in the development, marketing, and sale of a non-invasive alcohol sensing system with ignition interlock. The firm developed an alcohol detection device called SOBR, which is used for detecting alcohol in a person's system by measuring the ethanol content in their perspiration. The company was founded on July 4, 2004 and is headquartered in Greenwood Village, CO.

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DENVER, CO / ACCESSWIRE / October 31, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), the public float requirement under Nasdaq Listing Rule 5550(a)(4) and the stockholders' equity requirement (the "Equity Rule") under Nasdaq Listing Rule 5550(b)(1), as required by the Nasdaq Hearings Panel decision dated August 2024. Accordingly, the Company's common stock will continue to be listed and trade on The Nasdaq Capital Market under the symbol "SOBR".

SOBRsafe Regains Compliance with Nasdaq Listing Requirements

DENVER, CO / ACCESSWIRE / October 22, 2024 / SOBRsafe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), the leader in next-generation transdermal alcohol detection technology, is proud to announce the launch of its fully-integrated enterprise software solution for point-of-care screening (SOBRcheck™) and continuous monitoring (SOBRsure™). This new innovative platform is expected to transform how health providers monitor and manage alcohol compliance, delivering unprecedented real-time visibility across multiple users and locations in one dynamic dashboard.

SOBRsafe Launches Revolutionary Alcohol Detection Software: Transforming Patient Care for Behavioral Health Providers

NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on an $8.2 Million Private Placement for SOBR Safe, Inc. (NASDAQ:SOBR). About SOBR Safe, Inc. SOBR Safe, Inc., a hardware and software company, develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America.

Aegis Capital Corp. acted as Exclusive Placement Agent on an $8.2 Million Private Placement for SOBR Safe, Inc. (NASDAQ:SOBR)

DENVER, CO / ACCESSWIRE / October 9, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were $8.2 million, before deducting fees to the placement agent and other offering expenses payable by the Company.

SOBRsafe Announces Closing of $8.2 Million Private Placement

DENVER, CO / ACCESSWIRE / October 7, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds are expected to be $8.2 million, before deducting fees to the placement agent and other offering expenses payable by the Company.

SOBRsafe Announces Pricing of $8.2 Million Private Placement

Critical Infrastructure, Commercial Fleets and Family Law Highlight New Global Applications DENVER, CO / ACCESSWIRE / October 3, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today provided an update on the opportunity for international expansion across three foundational markets. In each case below, SOBRsafe was approached by the interested party to engage our technologies.

India, Italy and Australia: SOBRsafe Provides International Update

DENVER, CO / ACCESSWIRE / September 30, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it will proceed with a 1-for-110 reverse stock split ("Reverse Stock Split") of its outstanding shares of common stock (the "Common Stock") following approval by its board of directors. This ratio is within the range approved by stockholders at the annual meeting of SOBRsafe's shareholders held on June 3, 2024.

SOBRsafe Announces Reverse Stock Split

DENVER, CO / ACCESSWIRE / September 12, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today provided a video update from CEO Dave Gandini. In the video, Mr.

SOBRsafe Provides Video Update from CEO Dave Gandini

Comprehensive B2B Campaign Includes Public Relations, Digital & Social Media Marketing DENVER, CO / ACCESSWIRE / August 28, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced the launch of a national campaign targeting behavioral health providers, seeking to introduce the SOBRsafe™ technology and drive sales growth into 2025. The campaign is engineered to capture more than 4,000,000 projected views over 12 months.

SOBRsafe Launches National Marketing Initiative

DENVER, CO / ACCESSWIRE / August 12, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today provided a comprehensive update on the status of its Nasdaq listing, financial positioning and sales progress: Nasdaq Listing The Nasdaq Hearings Panel has granted SOBRsafe an exception period continuing the listing of its common stock on The Nasdaq Stock Market. SOBRsafe has until October 23, 2024 to execute its plan to regain compliance with Nasdaq's $1.00 minimum bid price per share requirement, and to demonstrate long-term compliance with the required minimum of $2.5 million in stockholders' equity.

SOBRsafe Provides Q2 2024 Quarterly Update

Providers Citing Cost-Effectiveness, 24/7 Reporting, Passive Monitoring as Advantages Over Breathalyzers DENVER, CO / ACCESSWIRE / June 18, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it has signed a hardware/software agreement with a two new behavioral health customers1. Both the Texas-based integrative care provider and the Colorado-based recovery services provider have made initial SOBRsure wearable band purchases on behalf of their clients.

With Two New Behavioral Health Customers, the SOBRsure Band is Transforming the Standard for Continuing Care Monitoring

The Company Strengthens Balance Sheet, Takes Strides to Regaining Nasdaq Listing Compliance DENVER, CO / ACCESSWIRE / June 6, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe" or "the Company"), provider of next-generation transdermal alcohol detection solutions, announced today that it has received approximately $2.8 million in gross proceeds from the exercise of Warrants. Details on the transaction are below, or view the corresponding Form 8-K.

SOBRsafe Receives $2.8 Million in Gross Proceeds from Exercise of Warrants, Also Fully Converts All Notes Payable into Common Equity

SOBR Safe (NASDAQ: SOBR ) stock is rocketing higher on Tuesday after the alcohol detection hardware and software company signed agreements with Hired Power and The Firm. SOBR Safe notes that both companies have made initial purchases of its SOBRsure device.

Why Is SOBR Safe (SOBR) Stock Up 83% Today?

Two new customers cite passive, 24/7 capabilities and discrete, non-invasive client experience. DENVER, CO / ACCESSWIRE / June 4, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it has signed hardware/software agreements with prominent recovery services Hired Power and The Firm.

Recovery Services Converting to SOBRsure Band for Advanced Remote Monitoring, Replacing Breathalyzers

DENVER, CO / ACCESSWIRE / May 14, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it has signed hardware/software agreements with Lighthouse Recovery Resources ("Lighthouse") and Mountain House Recovery ("Mountain House"). SOBRsafe has now secured 20 new accounts in 2024, compared to three accounts booked in all of 2023.

With Two New Behavioral Health Customers, SOBRsafe has Now Secured 20 New Accounts in 2024

Expands SOBRsafe Footprints in Key Markets Southern California and Texas DENVER, CO / ACCESSWIRE / May 2, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it has signed a hardware/software agreement with a three-facility behavioral health provider, and a reseller agreement with a new channel partner servicing the justice, workplace safety and family law markets. New Behavioral Health Customer Based in Southern California, the customer1 provides the full continuum of care, from inpatient detoxification and residential treatment to outpatient services.

SOBRsafe Secures New Three-Facility Behavioral Health Customer, New Justice Channel Partner

SOBRcheck™ Replaces Breathalyzers for Frontline Screening, Empowers Expanded Monitoring DENVER, CO / ACCESSWIRE / April 17, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it has signed a hardware/software agreement with a four-facility behavioral health provider. Based in Florida, the customer1 provides the full continuum of care, from inpatient detoxification and residential treatment to outpatient services.

With New Four-Facility Customer, SOBRsafe Enters Florida - a Key Behavioral Health Market

DENVER, CO / ACCESSWIRE / April 16, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today provided a comprehensive video update from Chairman & CEO Dave Gandini, discussing SOBRsafe's evolved sales focus, its 2024 progress report and the Company's go-forward strategy. You can view the video here: https://rb.gy/md0xz9, and a transcript is below.

Video Update: SOBRsafe CEO Dave Gandini Discusses Evolved Sales Focus and 2024 Strategy

"The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe" DENVER, CO / ACCESSWIRE / April 3, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, has made its behavioral health webinar, "The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe," available to view. Highlights from the webinar include the following insights: "Transitions are often tricky for those in recovery.

SOBRsafe Behavioral Health Webinar Now Available to View

Lake Erie Interlock Now Empowered to Service Probation Officers, Treatment Centers, Sober Living and More DENVER, CO / ACCESSWIRE / April 2, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today announced that Lake Erie Interlock, Inc. has made an initial purchase of both SOBRcheck and SOBRsure devices. With these solutions, Lake Erie Interlock has further diversified and expanded its service offering in Ohio, making available point-of-care screening (SOBRcheck) and continuous monitoring (SOBRsure) across the state.

Established Monitoring Provider Acquires SOBRsafe Products to Expand Justice and Behavioral Health Customer Base

DENVER, CO / ACCESSWIRE / March 27, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, invites viewers to register for today's behavioral health webinar, "The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe." The webinar is scheduled for today, March 27th, at 3:00pm Eastern, 12:00pm Pacific - register here.

Register Now for Today's Behavioral Health Webinar - "The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe"

Establishes Model for Practices to Ensure Alcohol Safety While Maintaining Patient Dignity DENVER, CO / ACCESSWIRE / March 26, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today announced that it has further expanded its support of the behavioral health continuum of care, entering the psychological services and therapy sector with new customer The Neeble Diamond Group. The Neeble Diamond Group will utilize the SOBRcheck™ point-of-care screening technology in applicable cases, to ensure the absence of alcohol prior to client therapy.

SOBRsafe Expands to Psychological Services and Therapy Sector with New Behavioral Health Customer

"The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe" DENVER, CO / ACCESSWIRE / March 12, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today announced that it has launched a new behavioral health webinar series, featuring industry leaders and cutting-edge best practices. The first webinar, entitled "The Future of Alcohol Monitoring is Here: Discover Touch-Based Detection with SOBRsafe", is scheduled for Wednesday, March 27 at 3:00pm Eastern, 12:00pm Pacific - register here.

SOBRsafe Launches Behavioral Health Webinar Series - Register for March 27 Event

Breyta House is dedicated to empowering women on their journey to recovery and overall wellness. DENVER, CO / ACCESSWIRE / March 7, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today announced that it has further expanded its support of the behavioral health continuum of care, entering the sober living sector with new customer Breyta House.

SOBRsafe Expands to Sober Living with New Behavioral Health Customer

DENVER, CO / ACCESSWIRE / March 5, 2024 / SOBR Safe, Inc. ™ (NASDAQ:SOBR) ("SOBRsafe"), providers of next-generation transdermal alcohol detection solutions, today announced that a current behavioral health customer has expanded its use of SOBRsafe™ technology. Based in Southern California, the customer (name withheld for patient privacy considerations), operates four facilities and an outpatient program.

News for Sobr Safe Inc Stock (SOBR)