Company: ARAI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023457
Chunk: 20

Company: Arrive AI Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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Company has a minimum cash balance available for payment of ongoing operating expenses. As of September 30, 2025, the Company has an
accumulated deficit of $24,825,227 and a net loss for the current period of $8,904,672. These conditions raise substantial doubt about
the Company’s ability to continue as a going concern for a period of twelve months from the issuance date of this report.

The
Company’s continued existence is dependent upon its ability to continue to execute its operating plan and to obtain additional
debt or equity financing. There can be no assurance that the necessary debt or equity financing will be available or will be available
on terms acceptable to the Company. These financial statements do not include any adjustments that might result from the Company’s
inability to continue as a going concern

  5.
  FAIR VALUE MEASUREMENTS

The
Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and
Disclosures” (“ASC 820”) which defines fair value, establishes a framework for measuring fair value, and expands disclosures
about fair value measurements.

ASC
820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the
principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement
date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize
the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value:

Level
1 — Quoted prices in active markets for identical assets or liabilities

Level
2 — Quoted prices for similar assets and liabilities in active markets or inputs that are observable

Level
3 — Inputs that are unobservable (for example, cash flow modeling inputs based on assumptions)

    - 16 -

ARRIVE
                                            AI INC. 

NOTES
                                            TO FINANCIAL STATEMENTS (Continued)

  5.
  FAIR VALUE MEASUREMENTS
  (Continued)

The
following table sets forth by level, within the fair value hierarchy, the Company’s assets at fair value as of September 30, 2025:

 SCHEDULE
OF FAIR VALUE MEASUREMENTS

    Fair
    Value of September 30, 2025 

    Level
    1