10-Q · May 15, 2026
Arrive AI reported revenues of $14,925 for Q1 2026, reflecting a transition into revenue generation after no revenues in Q1 2025; however, the company also incurred a significant net loss of $6.37 million, indicating…
Earnings analysis · 10-Q
ARAI earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
Q2 2026 results were weak: revenue was $14,700, down 1.5% sequentially and 83.8% year over year, while diluted EPS deteriorated to $(0.28) from $(0.18) in Q1 and $(0.12) a year earlier. The filing identifies a…
Read full summary
Q2 2026 results were weak: revenue was $14,700, down 1.5% sequentially and 83.8% year over year, while diluted EPS deteriorated to $(0.28) from $(0.18) in Q1 and $(0.12) a year earlier. The filing identifies a high-priority liquidity risk after the $0.25 VWAP Floor Price Trigger activated mandatory monthly repayments of $962,500 plus interest. Management has implemented accounting-control remediation, but the material weakness remained unremediated as of June 30, 2026, and no quantitative guidance was provided.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.28
What stood out
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Revenue remained near recent low
Q2 2026 revenue was $14,700, down 1.5% from $14,925 in Q1 2026 and down 83.8% from $90,725 in Q2 2025.
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Loss per share widened
Diluted EPS was $(0.28), versus $(0.18) in Q1 2026 and $(0.12) in Q2 2025, reflecting worsening per-share losses of $0.10 sequentially and $0.16 year over year.
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Remediation actions implemented
Management implemented corrective actions during the quarter, including enhanced technical accounting reviews, additional external ASC 815 expertise, and stronger controls over significant accounting estimates and elections.
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Prior-period filings restated
The filing states that the Company amended its June 30, 2025 and September 30, 2025 Form 10-Q filings on April 15, 2026 to reflect restated financial information related to the material weakness.
What to watch
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Monthly repayment obligation triggered
The VWAP fell below the $0.25 Floor Price, triggering mandatory monthly cash repayments totaling $962,500 plus accrued and unpaid interest until VWAP exceeds $0.30 for five consecutive Trading Days. The Company states there is no assurance the cure condition will occur.
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Material internal-control weakness remains
Disclosure controls were not effective as of June 30, 2026 because the material weakness involving embedded derivatives and effective-interest accounting had not been fully remediated.
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Litigation exposure increased
The Byfield/Ohrn litigation continues to involve approximately $29 million in alleged damages, while the Doan and Town plaintiffs increased their damages demand from $45,082 to $175,000.
Management's outlook
No quantitative revenue or EPS guidance was provided in the extracted 10-Q. The filing states the Company is discussing potential remediation with Streeterville regarding the Floor Price Trigger obligations, but provides no numerical outlook.
Earlier filings 4
10-K · April 15, 2026
Arrive AI is an early-stage ALM (autonomous last mile) infrastructure company that began commercial operations in 2025 and recorded initial revenues in 2025. The company emphasizes a platform strategy (Arrive Point…
10-Q · November 14, 2025
Arrive AI reported Q3 2025 revenue of $7,450 and a GAAP net loss of $2,236,543 (EPS $(0.07)). Revenue collapsed versus the prior quarter ($90,725 in Q2 2025) while EPS was less negative than the consensus estimate…
10-Q · June 5, 2025
Arrive AI reported no revenue for the quarter and a widening net loss of $1,978,165 (EPS $(0.07)) versus a loss of $916,753 (EPS $(0.03)) a year ago. Liquidity materially improved from equity activity: cash rose to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.