Arrive AI Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 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.
Jun 30, 2026 · Filed Aug 13, 2026
ARAI$0.05-44.0%Stored close · as of Nov 10, 2026
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Condensed Statements of Cash Flows
For the Six Months Ended June 30, 2026 and 2025 (Unaudited)
| 2026 · 2025 | ||||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net loss | $(20,446,633) | $(5,667,236) | ||
| Adjustments to reconcile net loss to net cash used in operating activities | ||||
| Stock-based compensation | 1,846,078 | 2,032,723 | ||
| Depreciation and amortization | 121,553 | 17,118 | ||
| Credit loss expense | 300 | - | ||
| Operating lease liability - non-cash adjustment | 1,478 | - | ||
| Change in fair value of derivative liabilities | (1,222,822) | (190,000) | ||
| Loss on conversion of convertible notes payable | 12,042,410 | - | ||
| Accretion of discount on convertible note payable | 379,915 | 27,738 | ||
| Accretion and immediate expensing of issuance costs on convertible note payable | 133,927 | 165,869 | ||
| Realized gain on investments | (322,818) | - | ||
| Unrealized loss on investments | 260,976 | - | ||
| Other non-cash item | 16,515 | - | ||
| Changes in operating assets and liabilities | ||||
| (Increase) decrease in | ||||
| Accounts receivable | (5,125) | (89,075) | ||
| Inventory | (29,378) | - | ||
| Prepaid expenses | (272,981) | (141,431) | ||
| Other current assets | - | 971 | ||
| Other assets | (235,624) | - | ||
| Increase (decrease) in | ||||
| Accounts payable | 65,618 | 61,131 | ||
| Accrued expenses | 1,408,768 | (17,302) | ||
| Net cash used in operating activities | (6,257,843) | (3,799,494) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Capital expenditures | (439,688) | (47,827) | ||
| Proceeds from sales of investments | 24,258,747 | - | ||
| Purchase of investments | (26,299,029) | - | ||
| Net cash used in investing activities | (2,479,970) | (47,827) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Proceeds from sale of common stock, net | - | 444,360 | ||
| Taxes paid for shares withheld upon vesting of restricted stock units | (25,749) | |||
| Proceeds from the exercise of warrants, net | - | 573,896 | ||
| Proceeds from note payables | 40,579 | - | ||
| Repayments of note payables | (4,486) | (4,187) | ||
| Proceeds from issuance of convertible notes payable | 10,000,000 | 4,000,000 | ||
| Debt issuance costs | (400,000) | - | ||
| Deferred offering costs | - | (688,570) | ||
| Net cash provided by financing activities | 9,610,344 | 4,325,499 | ||
| NET INCREASE IN CASH AND CASH EQUIVALENTS | 872,531 | 478,178 | ||
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 2,104,004 | 129,318 | ||
| CASH AND CASH EQUIVALENTS, END OF PERIOD | $2,976,535 | $607,496 | ||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||
| Cash paid for: | ||||
| Interest | $4,310 | $1,939 | ||
| Income taxes | $ | - | $ | - |
| SUPPLEMENTAL DISCLOSURE OF NONCASH INFORMATION | ||||
| Common stock issued as payment of offering costs | $ | - | $6,927,869 | |
| Common stock issued in exchange for services | $161,000 | $1,204,737 | ||
| Common stock issued for conversion of convertible notes payable | $20,807,755 | $ | - | |
| Derivative liabilities reclassified as additional paid-in capital upon conversion of convertible notes payable | $2,257,179 | $ | - | |
| Deferred offering costs recognized as additional paid-in capital upon financing drawdown | $2,174,671 | $871,882 | ||
| Cashless exercise of stock options | $ | - | $8,970 | |
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