Company: ARAI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023457
Chunk: 9

Company: Arrive AI Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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    stock, net 
     448,056  
     2,031,682 
  
    Purchase of treasury stock 
     (74,743) 
     - 
  
    Proceeds from the exercise
    of warrants, net 
     573,896  
     - 
  
    Repayments of note payables 
     (6,337) 
     (5,914)
  
    Proceeds from issuance
    of convertible debt 
     7,530,000  
     - 
  
    Deferred offering costs 
     (698,570) 
     (100,000)

    Net cash provided by financing
    activities 
     7,772,302  
     1,925,768 

    NET INCREASE (DECREASE) IN CASH 
     687,397  
     (33,679)

    CASH, BEGINNING OF PERIOD 
     129,318  
     325,472 

    CASH, END OF PERIOD 
    $816,715  
    $291,793 

    SUPPLEMENTAL DISCLOSURE
    OF CASH FLOW INFORMATION 

    Cash paid for: 

    Interest 
    $175,640  
    $1,277 
  
    Income taxes 
    $-  
    $- 

    SUPPLEMENTAL DISCLOSURE OF NONCASH INFORMATION 

    Common stock issued as
    payment of offering costs 
    $6,927,869  
    $- 
  
    Common stock issued as
    settlement of legal expenses 
    $1,204,737  
    $- 
  
    Conversion of notes payable
    to common stock 
    $4,125,000  
    $- 
  
    Deferred offering costs
    recognized as additional paid-in capital 
    $1,741,750  
    $- 
  
    Cashless exercise of stock options 
    $9,269  
    $- 

See
accompanying condensed notes to unaudited financial statements.

- 6 -

ARRIVE
AI INC.

CONDENSED
NOTES TO FINANCIAL STATEMENTS

For
the nine months ended September 30, 2025

(Unaudited)

1.NATURE
                                            OF OPERATIONS

Arrive
AI Inc. (the Company) was incorporated on April 30