Sobr Safe FY26 Q2 net loss widens 53.4% to $3.06 million; revenue drops 72.1% to $29,075

Reuters2026/08/14 22:03

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Sobr Safe posted a GAAP net loss of USD 3.06 million for Q2 2026, widening 53.4% from Q2 2025.
Revenue fell 72.1% to USD 29,075, on lower unit sales amid backordered SOBRcheck and SOBRsure inventory.
Gross loss was USD 117,324, reflecting a USD 142,222 inventory write-off tied to exiting legacy alcohol monitoring operations.
Operating loss widened 48.2% to USD 3.07 million, including a non-cash USD 1.11 million impairment of SOBRsafe intangible assets.
Company filed an S-4 for its planned Clean World Ventures merger, while Nasdaq extended listing through Sept. 15 conditional on closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sobr Safe Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-005085), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sobr Safe FY26 Q2 net loss widens 53.4% to $3.06 million; revenue drops 72.1% to $29,075

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