Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 214

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 214
---
,008,255.

Stock-based compensation expense for employees and non-employees was $1,730,953 and $446,364 for the years ended December 31, 2023 and 2022, respectively. All transactions for employees and non-employees are described above.

11. WARRANTS

The warrants are exercisable at any time until the fourth anniversary of the date of the individual agreement. The fair market value, on the date of grant, for each of the warrants issued below, was determined based on the methodologies described in Notes 2 and 4. The warrants (on a post-reverse split basis) covert on a 4 to 1 per share basis.

| BALANCE, JANUARY 1, 2022 
 Issued                   |     | Number                  
 of Warrants Outstanding | 510,000 
 142,857 |     | Weighted               
 Average Exercise Price | 2.38 
 2.38 |     | Number                  
 of Warrants Exercisable | 510,000 
 142,857 |
|:-------------------------|:----|:------------------------|--------:|:----|:-----------------------|-----:|:----|:------------------------|--------:|
| BALANCE, DECEMBER        
 31, 2022                 |     |                         | 652,857 |     | $                      | 2.38 |     |                         | 652,857 |

11. WARRANTS (Continued)

| BALANCE, JANUARY 1, 2023 
 Issued                   |     | 652,857 
       - |     |   | 2.38 
    - |     | 652,857 
       - |
|:-------------------------|:----|--------:|:----|:--|-----:|:----|--------:|
| BALANCE, DECEMBER        
 31, 2023                 |     | 652,857 |     | $ | 2.38 |     | 652,857 |

| F-52 |

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

(FORMERLY DRONEDEK CORPORATION)

NOTES TO FINANCIAL STATEMENTS (Continued)</div>

The following table reflects the warrants outstanding as at December 31, 2023:

| Expiration     
 Date           |     | Type    |     | Exercise 
 Price    |      |     | Weighted               
 Average Life Remaining |     | Warrants    
 Outstanding |