UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 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 001-38213 ARCIMOTO, INC. (Exact name of registrant as specified in its charter) FORM 10-Q (Mark One) (State or other jurisdi ...

Company Participants Here's our forward-looking statements. Naturally, everything short of historical data as presented are forwardlooking statements and what we believe to achieve as we accomplish our goals. Next question: Arcimoto's total revenues this quarter increased by 17% compared to the same period in 2022. What factors contributed to this growth? I'm very proud of this, naturally. It's a big milestone. I think the last data that I looked at, we cumulatively driven 1.2 million miles. So, this is a p ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ARCIMOTO, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Oregon 26-1449404 (IRS Employer Identification No.) 2034 West 2 Avenue, Eugene, OR 97402 (Address of principal executive offices and zip code) (541) 683- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 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 001-38213 ARCIMOTO, INC. (Exact name of registrant as specified in its charter) (State or ...

Financial Performance - Total revenues for 2022 were approximately $6.56 million, representing a 50% increase compared to the prior year [171]. - The net loss attributable to common stockholders in 2022 was approximately $62.88 million, an unfavorable change of approximately $15.32 million compared to the prior year [172]. - The net loss for the year ended December 31, 2022, was approximately $62,879,398, compared to a net loss of approximately $47,563,751 for 2021, representing a 32% increase in losses year-over-year [304]. - Gross loss for 2022 was $16.70 million, compared to a gross loss of $12.76 million in 2021, reflecting a deterioration of 30.9% [299]. - Total operating expenses increased to $42.80 million in 2022, up from $38.88 million in 2021, representing an increase of 10.3% [299]. - Operating expenses increased by approximately 10%, or $3,919,000, for the year ended December 31, 2022, compared to the previous year [190]. - The company reported an accumulated deficit of $166.87 million as of December 31, 2022, up from $103.99 million in 2021, reflecting a 60.3% increase [297]. Cash Flow and Liquidity - Cash and cash equivalents at the end of 2022 were approximately $462,800, a decrease of approximately $16.51 million from the end of 2021 [173]. - The company experienced a net cash decrease of $16,509,000 for the year ended December 31, 2022, compared to a decrease of $22,480,000 in 2021, reflecting a 26% improvement [235]. - Cash flows used in operating activities during 2022 were approximately $47.52 million, an increase of approximately $8.23 million compared to approximately $39.29 million in 2021 [173]. - Net cash provided by financing activities was approximately $39,078,000 in 2022, an increase of 9% from $35,937,000 in 2021 [242][243]. - The company raised approximately $27,198,000 by issuing 429,743 common shares through an Equity Distribution Agreement by December 31, 2022 [231]. Capital Expenditures and Investments - Capital expenditures in 2022 amounted to approximately $8.06 million, down from approximately $17.36 million in 2021 [173]. - Capital expenditures are projected to be approximately $10,000,000 per year over the next three years, significantly lower than the previously projected $35,000,000 to $40,000,000 per year [188]. - The company has suspended several capital expenditure programs due to uncertainties in future market conditions [188]. - The company incurred $8,062,434 in capital expenditures for property and equipment in 2022, down from $17,355,966 in 2021, a reduction of approximately 53.5% [304]. Sales and Production - In 2022, the company produced 336 vehicles and sold 228 new vehicles, with 85 vehicles deployed into rental operations and 24 into fixed assets for marketing [170]. - As of December 31, 2022, the company sold a total of 563 FUVs, an increase of 228 units or approximately 68% from 335 FUVs sold as of December 31, 2021 [186]. - The average sales price for the year ended December 31, 2022, was $21,393, which is $1,493 or 7.5% above the starting price [187]. - The company has expanded its rental operations with new partnerships in Florida and introduced new electric vehicle models [181]. Research and Development - Research and Development (R&D) expenses rose by approximately $6,827,000 or 56% for the year ended December 31, 2022, primarily due to higher costs in developing new technology and production processes [217]. - Research and development expenses for 2022 were $18.93 million, a 56.2% increase from $12.11 million in 2021 [299]. Employee and Operational Changes - The number of full-time employees decreased by approximately 17%, from 250 as of December 31, 2021, to 208 as of December 31, 2022 [190]. - The company initiated a restructuring plan in Q4 2022 to reduce payroll overhead, which is expected to improve operational efficiency [189]. - The company reported a material weakness in internal control over financial reporting due to inadequate resources and lack of segregation of duties [252][253]. Inventory and Accounts - The company's inventory totaled $12,324,017 as of December 31, 2022, up from $7,856,105 in 2021, with raw materials increasing from $7,089,033 to $11,491,555 [328]. - As of December 31, 2022, the company reported accounts receivable of $262,643, an increase from $127,860 in 2021, with a reserve allowance of $0 in 2022 compared to $2,500 in 2021 [326]. - Accounts payable stood at approximately $8.0 million as of April 13, 2023, with a significant portion overdue by more than 30 days [313]. Financial Instruments and Valuation - The company does not have any outstanding derivative financial instruments or off-balance sheet guarantees [193]. - The company has classified its convertible notes as Level 2 under the fair value measurements hierarchy, indicating a recurring fair value measurement as of December 31, 2022 [323]. - The company recorded a full valuation allowance on its net U.S. deferred tax assets, indicating a likelihood that these assets will not be realized [210]. Future Outlook - The company anticipates continued negative cash flows until engineering cost improvements and increased sales volume are achieved [189]. - The company is exploring various financing solutions through credit and equity markets to address its financial challenges [314].

Arcimoto, Inc. (NASDAQ:FUV) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Jesse Fittipaldi - Interim CEO Lynn Yeager - Chief Experience Officer Terry Becker - COO Dwayne Lum - Chief Product Officer Douglas Campoli - CFO and Treasurer Mark Frohnmayer - Founder, President Conference Call Participants Jeffrey Campbell - Alliance Global Partners Jesse Fittipaldi I'm Jesse Fittipaldi. Welcome to Arcimoto's Q3 2022 update. In conjunction with our restructuring plan, which has ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2022 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 001-38213 ARCIMOTO, INC. (Exact name of registrant as specified in its charter) ...

Arcimoto, Inc. (NASDAQ:FUV) Q2 2022 Earnings Conference Call August 15, 2022 5:00 PM ET Company Participants Jesse Fittipaldi - Interim CEO Douglas Campoli - CFO and Treasurer Terry Becker - COO Eric Fritz - Chief Marketing Officer Lynn Yeager - Chief Experience Officer Kevin O'Rourke - Chief Commercial Officer Conference Call Participants Jesse Fittipaldi Good afternoon, everyone and welcome to our Arcimoto's Q2 2022 Stakeholder Update Webinar. I'm Jesse Fittipaldi Interim-Chief Executive Officer. To start ...

(Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended: June 30, 2022 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 001-38213 ARCIMOTO, INC. (Exact name of registrant as specified in its charter) | Ore ...

Arcimoto, Inc. (NASDAQ:FUV) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Mark Frohnmayer - CEO and Founder Dwayne Lum - Chief Product Officer Lynn Yeager - Chief Experience Officer Eric Fritz - Chief Marketing Officer Douglas Campoli - CFO and Treasurer Jesse Fittipaldi - Chief Strategy Officer Terry Becker - Chief Operating Officer Conference Call Participants Mark Frohnmayer Good afternoon, everyone, and welcome to Arcimoto's Q1 2022 stakeholder update webinar. To start ou ...