Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 187

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 187
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 liability.

Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

| F-15 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 5. | FAIR                           
 VALUE MEASUREMENTS (Continued) |

The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The financial statements as of and for the 12 months ended December 31, 2024 and 2023, do not include any nonrecurring fair value measurements relating to assets or liabilities.

The Company measures the warrants using Level 3 unobservable inputs within the Black-Scholes pricing model, as described in Note 2. The Company used various key assumptions, such as the fair value of the common stock, volatility, the risk-free interest rate, and expected term (remaining contractual term of the warrants).

6. PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

SCHEDULE OF PROPERTY AND EQUIPMENT

|                                   |     |   |    2024 |   |     |   |    2023 |   |
|:----------------------------------|:----|:--|--------:|:--|:----|:--|--------:|:--|
| Vehicle                           |     | $ |  58,443 |   |     | $ |  58,443 |   |
| Equipment                         |     |   |  50,000 |   |     |   |  50,000 |   |
| Construction in progress          |     |   |  38,155 |   |     |   |       - |   |
| Total property and equipment      |     |   | 146,598 |   |     |   | 108,443 |   |
| Less: accumulated depreciation    |     |   | (51,173 | ) |     |   | (22,870 | ) |
| TOTAL PROPERTY AND EQUIPMENT, NET |     | $ |  95,425 |   |     | $ |  85,573 |   |

For the years ended December 31, 2024 and 2023, total depreciation expense was $ 28,303and $ 13,106, respectively. In December 2023, the Company acquired fixed assets as part of an