Company: ARAI
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001641172-25-013826
Chunk: 37

Company: Arrive AI Inc.
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 2
Chunk 37
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(13,542) 
     (58)
  
    Depreciation and amortization 
     7,391  
     7,255  
     136  
     2 
  
    Interest 
     321  
     461  
     (140) 
     (30)
  
    All Other General and Administrative Expenses 
     11,622  
     34,704  
     (23,082) 
     (67)
  
    Total general and administrative expenses 
    $1,994,227  
    $916,249  
    $1,077,978  
     118%

    OTHER INCOME (EXPENSES) 

    Other income 
     16,915  
     -  
     16,915  
     - 
  
    Miscellaneous expense 
     (853) 
     (504) 
     (349) 
     69 
  
    Total other income (expenses) 
    $16,062  
    $(504) 
    $16,566  
     3,287%

    NET LOSS BEFORE TAXES 
    $(1,978,165) 
    $(916,753) 
    $(1,061,412) 
     116%

    Provision for Income Taxes 
     -  
     -  
     -  
     - 

    NET LOSS 
    $(1,978,165) 
    $(916,753) 
    $(1,061,412) 
     116%

Key
Components of Our Results of Operations

Our
first quarter results reflect continued investment in our products and services. Operating expenses were higher than the same period
in 2024, due mainly to higher compensation expenses in the quarter.

Salaries
and wages were higher by $1,085,536 (218%) compared to the same period in 2024. Base wages were lower by $16,097 (6%) due to fluctuations
in the full-time workforce. Stock-based compensation increased $1,101,633, as the Company used equity instead of cash as compensation
for services.

Legal
and professional fees were higher by $25,285 (14%) due mainly to increased filing and maintenance fees associated with its patent portfolio.

Office
supplies and software expenses were lower by $4,587 as the Company continued to manage discretionary spending in the quarter to extend