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Arrive AI Inc(ARAI) - 2025 Q2 - Earnings Call Transcript
2025-08-14 21:30
Arrive AI (ARAI) Q2 2025 Earnings Call August 14, 2025 04:30 PM ET Speaker0GoodSpeaker1day, and thank you for standing by. Welcome to the Arrive AI Inc. Second Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session.To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your ques ...
Arrive AI Inc(ARAI) - 2025 Q2 - Quarterly Report
2025-08-14 20:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-42645 Arrive AI Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...
Arrive AI Inc(ARAI) - 2025 Q1 - Quarterly Report
2025-06-05 20:34
Financial Performance - The company reported a net loss of $1,978,165 for Q1 2025, an increase of 116% compared to a net loss of $916,753 in Q1 2024[118]. - General and administrative expenses rose to $1,994,227 in Q1 2025, up 118% from $916,249 in Q1 2024, primarily due to increased salaries and wages[118]. - Salaries and wages increased by $1,085,536 (218%) in Q1 2025, largely due to stock-based compensation[120]. Cash Position - Cash on hand as of March 31, 2025, totaled $295,368, reflecting an increase of $166,050 from $129,318 at the end of the previous fiscal year[124]. - Net cash provided by financing activities was $715,553 in Q1 2025, primarily from new equity issuances and crowdfunding[130]. Business Development - The company installed third-generation Arrive Points ("AP3" units) in Q4 2024, which began revenue operations in 2025[107]. - The company plans to leverage machine learning and artificial intelligence for data monetization, enhancing operational efficiencies[108][109]. - The company has secured pilot programs with significant customers, indicating early market penetration and validation of its business model[112]. Market Activity - The S-1 Registration Statement was declared effective on May 13, 2025, registering 29,978,212 shares of common stock[113]. - The company's common stock began trading on the Nasdaq Global Market under the ticker "ARAI" on May 15, 2025[114].