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-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 40 % -50.6%
Quick Ratio 8.95 %
Debt-to-equity 41.1 %
Return On Equity -185 % -192%
Return On Assets -131 % +99.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.3M shares +78.4%
Common Stock, Shares, Outstanding 42.8M shares +75.9%
Entity Public Float 0 USD
Common Stock, Value, Issued 4.28K USD +75.8%
Weighted Average Number of Shares Outstanding, Basic 40.6M shares +119%
Weighted Average Number of Shares Outstanding, Diluted 40.6M shares +119%

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 20.2M USD +69%
Selling and Marketing Expense 791K USD +223%
General and Administrative Expense 6.07M USD -2.51%
Operating Income (Loss) -31.5M USD -6.86%
Nonoperating Income (Expense) -1.6M USD
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -33.1M USD -32.5%
Earnings Per Share, Basic -0.67 USD/shares +84.5%
Earnings Per Share, Diluted -0.67 USD/shares +84.5%

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 13.1K USD +231%
Inventory, Net 327K USD -62.3%
Assets, Current 3.03M USD +24428%
Property, Plant and Equipment, Net 5.41M USD +173%
Operating Lease, Right-of-Use Asset 660K USD -26.2%
Assets 4.25M USD +34253%
Accounts Payable, Current 3.61M USD +282%
Accrued Liabilities, Current 55.4K USD -65.3%
Contract with Customer, Liability, Current 14.1K USD
Liabilities, Current 5.15M USD +6.14%
Operating Lease, Liability, Noncurrent 135K USD -59.9%
Liabilities 5.29M USD -13.9%
Retained Earnings (Accumulated Deficit) -61.3M USD -54040%
Stockholders' Equity Attributable to Parent 56.2M USD +2271%
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 43M shares +74%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 50.9M USD +1354%
Interest Paid, Excluding Capitalized Interest, Operating Activities 35.9K USD -11.7%
Deferred Tax Assets, Valuation Allowance 14.4M USD +59.7%
Deferred Tax Assets, Gross 28.4K USD +35.2%
Operating Lease, Liability 708M USD
Depreciation 504K USD -98.1%
Payments to Acquire Property, Plant, and Equipment 3.34K USD
Lessee, Operating Lease, Liability, to be Paid 743M USD
Property, Plant and Equipment, Gross 7.74M USD +103%
Operating Lease, Liability, Current 436K USD -15.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 215M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 528M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 34.6M USD
Deferred Tax Assets, Operating Loss Carryforwards 11.9M USD +33.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Operating Lease, Payments 139K USD +2.06%
Additional Paid in Capital 151M USD +136%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 65M USD 0%
Share-based Payment Arrangement, Expense 10.2M USD +2023%
Interest Expense 1.33M USD +3078%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%