Serve Robotics Inc. /DE/ financial data

Symbol
SERV on Nasdaq
Industry
Miscellaneous Transportation Equipment
Location
730 Broadway, Redwood City, CA
State of incorporation
DE
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%