Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 175

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 175
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 filing fee of $76,500. Amortization expense was $812 and $287 for the years ended December 31, 2024 and 2023, respectively.

| 9. | NOTE    
 PAYABLE |

Note payable consists of the following:

|                                                                                                                                                                                                                               |     |   |   2024 |   |     |   |   2023 |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|-------:|:--|:----|:--|-------:|:--|
| Vehicle note payable entered into during 2022 for $40,248 with monthly installment payments of $799, including interest at 6.99% per annum. The loan is collateralized by the respective vehicle and is due in February 2027. |     | $ | 19,082 |   |     | $ | 27,036 |   |
| Total long-term debt                                                                                                                                                                                                          |     |   | 19,082 |   |     |   | 27,036 |   |
| Less current portion                                                                                                                                                                                                          |     |   | (8,524 | ) |     |   | (7,950 | ) |
| LONG-TERM PORTION                                                                                                                                                                                                             |     | $ | 10,558 |   |     | $ | 19,086 |   |

| F-18 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 9. | NOTE                
 PAYABLE (Continued) |

The balance of the above debt matures as follows:

| Year Ended December 31, 
 2025                    |     | Amount |  8,524 |
|:------------------------|:----|:-------|-------:|
| 2026                    |     |        |  9,140 |
| 2027                    |     |        |  1,418 |
| TOTAL LONG-TERM DEBT    |     | $      | 19,082 |

Interest expense related to this note payable for the years ended December 31, 2024 and 2023, was $1,635 and $2,937, respectively.

| 10. | COMMITMENTS       
 AND CONTINGENCIES |

On January 29, 2024, the Company was included in the SEC Form F-4 filed by Brüush Oral Care, Inc. to register the intent of the parties to merge into a new public