Arrive AI Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
ARAI$0.10-1.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $5,667,553 | $2,104,004 |
| Investments at fair value | 2,802,060 | - |
| Accounts receivable, net of allowance | - | 4,975 |
| Prepaid expenses | 280,102 | 189,878 |
| Other current assets | 12,325 | 12,325 |
| Total current assets | 8,762,040 | 2,311,182 |
| OTHER ASSETS | ||
| Property and equipment, net | 679,333 | 514,684 |
| Right of use assets - operating leases | 2,023,420 | 2,117,284 |
| Patents, net of accumulated amortization of $3,120 and $2,603 | 271,580 | 272,097 |
| Deferred offering costs | 3,475,514 | 5,650,185 |
| Other assets | 279,187 | 65,633 |
| Total other assets | 6,729,034 | 8,619,883 |
| TOTAL ASSETS | $15,491,074 | $10,931,065 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $227,909 | $183,993 |
| Accrued expenses | 1,490,720 | 538,234 |
| Operating lease liability | 408,345 | 392,950 |
| Derivative liabilities | 1,440,000 | 1,460,000 |
| Convertible note payable, net of discount and debt issuance costs of $4,507,852 and $350,794, and $3,379,447 and $240,896, respectively | 7,681,354 | 4,144,657 |
| Note payable | 8,336 | 9,140 |
| Total current liabilities | 11,256,664 | 6,728,974 |
| LONG TERM LIABILITIES | ||
| Operating lease liability | 1,616,553 | 1,725,073 |
| Note payables, net of current portion | - | 1,418 |
| Total long term liabilities | 1,616,553 | 1,726,491 |
| Total liabilities | 12,873,217 | 8,455,465 |
| Commitments and Contingencies (See Note 16) | ||
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.0002 par value, 200,000,000 authorized, 37,731,391 and 34,213,387 issued and outstanding at March 31, 2026 and December 31, 2025 | 7,545 | 6,841 |
| Additional paid-in capital | 37,834,831 | 31,215,698 |
| Deferred compensation | (107,334) | - |
| Accumulated deficit | (35,117,185) | (28,746,939) |
| Total stockholders’ equity | 2,617,857 | 2,475,600 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $15,491,074 | $10,931,065 |
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