Company: ARAI
Filing Date: 2025-05-13
Form Type: S-1/A
Source: 0001641172-25-009841
Chunk: 182

Company: Arrive AI Inc.
Filing Date: 2025-05-13
Form: S-1/A
Chunk 182
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    |          - |   |     | $    |          - |   |
| STATE                                             |     |      |            |   |     |      |            |   |
| Deferred tax assets                               |     | $    |    666,140 |   |     | $    |    504,101 |   |
| Deferred tax assets valuation allowance           |     |      |   (666,140 | ) |     |      |   (504,101 | ) |
| NET DEFERRED STATE TAX ASSETS, NET OF ALLOWANCE   |     | $    |          - |   |     | $    |          - |   |

The income tax benefit consists of the following for the years ended December 31:

|                     |     |   |       2024 |   |     |   |       2023 |   |
|:--------------------|:----|:--|-----------:|:--|:----|:--|-----------:|:--|
| Federal             |     | $ |  1,071,110 |   |     | $ |  1,380,691 |   |
| State               |     |   |    162,039 |   |     |   |    315,933 |   |
| Valuation allowance |     |   | (1,233,149 | ) |     |   | (1,696,624 | ) |
| INCOME TAX BENEFIT  |     | $ |          - |   |     | $ |          - |   |

| F-28 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 18. | INCOME            
 TAXES (Continued) |

The change in the valuation allowance of the following at December 31:

|                               |     |   |      2024 |     |   |      2023 |
|:------------------------------|:----|:--|----------:|:----|:--|----------:|
| Beginning balance, January 1  |     | $ | 2,717,209 |     | $ | 1,020,585 |
| Change in valuation allowance |     |   | 1,233,149 |     |   | 1,696,624 |
| VALUATION ALLOWANCE           |     | $ | 3,950,358 |     | $ | 2