Serve Robotics Inc. /DE/ financial data

Symbol
SERV on Nasdaq
Industry
Miscellaneous Transportation Equipment
Location
730 Broadway, Redwood City, CA
Fiscal year end
December 31
Former names
Patricia Acquisition Corp. (to 8/2/2023)
Latest financial report
10-K - Q4 2024 - Mar 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 40 % -50.6%
Quick Ratio 7.18 %
Debt-to-equity 14.7 %
Return On Equity -75.5 % -132%
Return On Assets -65.8 % +98.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 56.9M shares +129%
Common Stock, Shares, Outstanding 51.3M shares +109%
Entity Public Float 65.3M USD
Common Stock, Value, Issued 5.13K USD +109%
Weighted Average Number of Shares Outstanding, Basic 36.7M shares +158%
Weighted Average Number of Shares Outstanding, Diluted 36.7M shares +158%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 947K USD +2252%
Revenue from Contract with Customer, Excluding Assessed Tax 222K USD +254%
Cost of Revenue 352K USD -4.04%
Research and Development Expense 24.3M USD +144%
Selling and Marketing Expense 577K USD -4.65%
General and Administrative Expense 10.1M USD +119%
Operating Income (Loss) -38.3M USD -84.7%
Nonoperating Income (Expense) -902K USD +77.9%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -39.2M USD -57.9%
Earnings Per Share, Basic -1.07 USD/shares +38.9%
Earnings Per Share, Diluted -1.07 USD/shares +38.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.76K USD -99.8%
Accounts Receivable, after Allowance for Credit Loss, Current 86.8K USD +2838%
Inventory, Net 310K USD -60%
Assets, Current 3.03M USD +24428%
Property, Plant and Equipment, Net 12M USD +24607%
Operating Lease, Right-of-Use Asset 1.81M USD +131%
Assets 4.25M USD +34253%
Accounts Payable, Current 4.9M USD +139%
Accrued Liabilities, Current 654K USD +156%
Contract with Customer, Liability, Current 20.1K USD
Liabilities, Current 6.81M USD +9.13%
Operating Lease, Liability, Noncurrent 1.11M USD +427%
Liabilities 7.92M USD +15.8%
Retained Earnings (Accumulated Deficit) -61.3M USD -54040%
Stockholders' Equity Attributable to Parent 132M USD
Liabilities and Equity 4.25M USD +34253%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.08M USD -9.83%
Net Cash Provided by (Used in) Financing Activities 4.5M USD +142%
Net Cash Provided by (Used in) Investing Activities -3.34K USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 51.4M shares +107%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 123M USD +1824448%
Interest Paid, Excluding Capitalized Interest, Operating Activities 35.9K USD -11.7%
Deferred Tax Assets, Valuation Allowance 21.4M USD +48.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 28.4K USD +35.2%
Operating Lease, Liability 1.78M USD -99.7%
Depreciation 310K USD -83.4%
Payments to Acquire Property, Plant, and Equipment 3.34K USD
Lessee, Operating Lease, Liability, to be Paid 2M USD -99.7%
Property, Plant and Equipment, Gross 14.6M USD +522%
Operating Lease, Liability, Current 666K USD +34%
Lessee, Operating Lease, Liability, to be Paid, Year Two 659K USD -99.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 812K USD -99.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 221K USD -99.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 462K USD
Deferred Tax Assets, Operating Loss Carryforwards 15M USD +26.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 68.1K USD
Operating Lease, Payments 139K USD +2.06%
Additional Paid in Capital 239M USD +271%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 65M USD 0%
Share-based Payment Arrangement, Expense 14.6M USD +2574%
Interest Expense 1.33M USD +3078%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%