Company: ARAI
Filing Date: 2025-01-27
Form Type: S-1/A
Source: 0001493152-25-003660
Chunk: 192

Company: Arrive AI Inc.
Filing Date: 2025-01-27
Form: S-1/A
Chunk 192
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 CORPORATION)

NOTES TO FINANCIAL STATEMENTS (Continued)</div>

| 5. | PROPERTY                  
 AND EQUIPMENT (Continued) |

For the nine months ended September 30, 2024 and 2023, total depreciation expense was $21,215 and $8,787, respectively.

| 6. | PREPAID                           
 EXPENSES AND OTHER CURRENT ASSETS |

Prepaid expenses and other current assets consist of the following:

|                               |     |   | September 
       30, 
      2024 |     |   | December 
      31, 
     2023 |
|:------------------------------|:----|:--|----------:|:----|:--|---------:|
| Deferred                      
 offering costs                |     | $ |   100,000 |     | $ |        - |
| Prepaid                       
 insurance, software and other |     |   |    72,550 |     |   |    9,143 |
| TOTAL                         |     | $ |   172,550 |     | $ |    9,143 |

Pursuant to ASC 340-10-S99-1, costs directly attributable to an offering of equity securities are deferred and would be charged against the gross proceeds of the offering as a reduction of additional paid-in capital. Deferred offering costs consist of underwriting, legal, accounting, and other expenses incurred through the balance sheet date that are directly related to the proposed public offering. Should the proposed public offering prove to be unsuccessful, these deferred costs, as well as additional expenses to be incurred, will be expensed.

| 7. | PATENTS, 
 NET      |

Patents consist of the following:

|                          |     |   | September 
       30, 
      2024 |   |     |   | December 
      31, 
     2023 |   |
|:-------------------------|:----|:--|----------:|:--|:----|:--|---------:|:--|
| Patents                  |     | $ |   198,200 |   |     | $ |  198,200 |   |
| Total                    
 patents                  |     |   |   198,200 |   |     |   |  198,200 |   |
| Less:                    
 accumulated amortization |     |   |      (864 | ) |     |   |     (287 | ) |
| TOTAL                    
 PATENTS