10-K · May 5, 2026
SOBR Safe, Inc. reported revenues of $137.68 million for Q4 2025 and a diluted EPS of -$1.91, culminating in significant losses highlighted by a revenue miss. The company is pursuing a proposed merger with Clean World…
Earnings analysis · 10-Q
SOBR earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The filing provides no current-period income-statement, balance-sheet or cash-flow figures in the supplied extract, so revenue, margins, EPS and free cash flow cannot be reported reliably. Strategically, SOBR is exiting…
Read full summary
The filing provides no current-period income-statement, balance-sheet or cash-flow figures in the supplied extract, so revenue, margins, EPS and free cash flow cannot be reported reliably. Strategically, SOBR is exiting its alcohol-monitoring revenue operations by July 31, 2026 and expects approximately $1.2 million of annual cost reductions, following a workforce restructuring expected to save approximately $1.6 million annually. The company’s liquidity and listing outlook remain highly dependent on completing the CWV merger by September 15, 2026, while legacy defaults and warrant-related dilution add risk.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Workforce restructuring targets $1.6M savings
The May restructuring reduces the workforce by 11 employees, or approximately 70%, and is expected to decrease annual operating costs by approximately $1.6 million. Estimated restructuring charges are approximately $105,000, primarily in the second quarter of 2026.
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Operations exit preserves cash
The company approved discontinuation of its alcohol-monitoring revenue operations effective July 31, 2026, including SOBRcheck, SOBRsure and SOBRsafe services. Management expects these actions to reduce annual operating costs by approximately $1.2 million.
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CWV merger remains central catalyst
SOBR filed a Form S-4 registration statement on June 9, 2026, for the proposed merger with Clean World Ventures. The transaction is required to be completed by September 15, 2026 to satisfy the Nasdaq continued-listing condition.
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Controls assessed as effective
Disclosure controls and procedures were assessed as effective as of June 30, 2026. The company also reported no internal-control changes during the quarter that materially affected, or were reasonably likely to materially affect, financial reporting.
What to watch
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Nasdaq listing remains conditional
Nasdaq granted continued listing only until September 15, 2026, subject to completion of the CWV business combination and compliance with Nasdaq Initial Listing Rules. The company had previously failed the $1.00 minimum bid-price requirement for 30 consecutive business days.
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Core revenue operations are being shut down
The company is discontinuing all identified alcohol-monitoring revenue operations effective July 31, 2026, including manufacturing of SOBRcheck and SOBRsure devices and SOBRsafe software support. The stated purpose is to preserve cash for the merger, creating significant execution and going-concern risk if the transaction does not close.
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Multiple legacy notes remain in default
Five legacy notes were in default as of June 30, 2026, including a $11,810 related-party note and four non-related-party notes of $3,750, $5,433, $15,000 and $2,500. These defaults add financing and settlement risk despite the notes' small stated principal balances.
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Warrant transactions create dilution
The July warrant inducement covers existing warrants exercisable for 2,360,648 common shares and includes placement-agent warrants for up to 177,049 shares at a $1.625 exercise price. These instruments create potential dilution and additional financing-related obligations.
Management's outlook
No explicit revenue or EPS guidance was provided. Management expects the May restructuring to reduce annual operating costs by approximately $1.6 million and the June/July discontinuation of revenue-generating operations to reduce annual operating costs by approximately $1.2 million.
Earlier filings 4
10-Q · April 30, 2026
SOBR Safe, Inc. reported a decline in revenue for Q4 2026 with total revenue at $137,683, a decrease of 8.8% from $149,660 in Q4 2025. The company experienced a net loss of $2,292,922, which was an increase in net loss…
10-K · April 10, 2026
SOBR Safe’s 10-K shows accelerating top-line growth (Q4 2025 revenue $137,683) and improving gross margins, but the company remains unprofitable with large negative operating margins and negative cash flow. Management…
10-Q · May 15, 2025
SOBR Safe reported Q1 2025 revenue of $86,617 (up from $47,990 in Q1 2024) with gross profit of $50,964 (58.8% margin). The company remains unprofitable with a loss from operations of $1,953,107 and net loss of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.