Company: ARAI
Filing Date: 2025-05-14
Form Type: DRS
Source: 0001641172-25-010170
Chunk: 205

Company: Arrive AI Inc.
Filing Date: 2025-05-14
Form: DRS
Chunk 205
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 |      |   (504,101 | ) |     |      | (188,168 | ) |
| NET DEFERRED STATE   
 TAX ASSETS,          
 NET OF ALLOWANCE     |     | $    |          - |   |     | $    |        - |   |

The income tax benefit consists of the following for the years ended December 31, 2023 and 2022:

SCHEDULE OF INCOME TAX BENEFIT

|                     |     |   |       2023 |   |     |   |     2022 |   |
|:--------------------|:----|:--|-----------:|:--|:----|:--|---------:|:--|
| Federal             |     | $ |  1,380,691 |   |     | $ |  509,817 |   |
| State               |     |   |    315,933 |   |     |   |   71,768 |   |
| Valuation allowance |     |   | (1,696,624 | ) |     |   | (581,585 | ) |
| INCOME TAX BENEFIT  |     | $ |          - |   |     | $ |        - |   |

The change in the valuation allowance of the following at December 31, 2023 and 2022:

SCHEDULE OF CHANGE IN VALUATION ALLOWANCE

|                              |     |   |      2023 |     |   |      2022 |
|:-----------------------------|:----|:--|----------:|:----|:--|----------:|
| Beginning balance, January 1 |     | $ | 1,020,585 |     | $ |   439,000 |
| Change in valuation          
 allowance                    |     |   | 1,696,624 |     |   |   581,585 |
| VALUATION ALLOWANCE          |     | $ | 2,717,209 |     | $ | 1,020,585 |

| F-56 |

<div align='center'>ARRIVE TECHNOLOGY INC.

(FORMERLY DRONEDEK CORPORATION)

NOTES TO FINANCIAL STATEMENTS (Continued)</div>

14. INCOME TAXES (Continued)

In assessing the realization of the deferred tax assets, management considers whether it is more likely than not that some portion of all of the deferred tax assets will not be realized. The ultimate