Company: ARAI
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001641172-25-013826
Chunk: 5

Company: Arrive AI Inc.
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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916,753)
  
    Adjustments to reconcile
    net loss to net cash used in operating activities 

    Stock-based compensation 
     1,348,245  
     246,612 
  
    Depreciation and amortization 
     7,391  
     7,255 
  
    Changes in operating assets
    and liabilities 

    (Increase) decrease in 

    Prepaid expenses 
     7,081  
     4,377 
  
    Other current assets 
     1,412  
     - 
  
    Increase (decrease) in 

    Accounts payable 
     (66,262) 
     (3,554)
  
    Accrued liabilities 
     133,468  
     87,676 
  
    Credit
    card payable 
     159  
     (28,090)

    Net
    cash used in operating activities 
     (546,671) 
     (602,477)

    CASH FLOWS FROM INVESTING
    ACTIVITIES 

    Construction
    in progress 
     (2,832) 
     - 

    Net
    cash used in investing activities 
     (2,832) 
     - 

    CASH FLOWS FROM FINANCING
    ACTIVITIES 

    Net proceeds from the issuance
    of stock and warrants 
     717,628  
     774,358 
  
    Payments
    on note payable 
     (2,075) 
     (1,935)

    Net
    cash provided by financing activities 
     715,553  
     772,423 

    NET INCREASE IN CASH 
     166,050  
     169,946 

    CASH, BEGINNING OF PERIOD 
     129,318  
     325,472 

    CASH, END OF PERIOD 
    $295,368  
    $495,418 

    SUPPLEMENTAL DISCLOSURE
    OF CASH FLOW INFORMATION 

    Cash paid for: 

    Interest 
    $321  
    $1,476 
  
    Income taxes 
    $-  
    $- 

    SUPPLEMENTAL DISCLOSURE OF NONCASH INFORMATION 

    Deferred offering costs in exchange for shares