v3.25.2
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   March 31, 2025 

December 31, 2024

       
Vehicle  $58,443   $58,443 
Equipment   50,000    50,000 
Construction in progress   40,987    38,155 
           
Total property and equipment   149,430    146,598 
Less: accumulated depreciation   (58,262)   (51,173)
           
TOTAL PROPERTY AND EQUIPMENT, NET  $91,168   $95,425 

 

For the three months ended March 31, 2025 and 2024, total depreciation expense was $7,089 and $7,096, respectively.

 

 

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)