Serve Robotics Inc DE
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
SERV$3.39+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $123,266,437 | $6,756 |
| Accounts receivable | 86,805 | 2,955 |
| Inventory | 309,711 | 774,349 |
| Prepaid expenses | 1,396,874 | 676,969 |
| Other receivables | 191,643 | — |
| Total current assets | 125,251,470 | 1,461,029 |
| Property and equipment, net | 11,963,461 | 48,422 |
| Operating lease right-of-use assets | 1,807,705 | 782,439 |
| Security deposits | 578,237 | 512,659 |
| Total assets | $139,600,873 | $2,804,549 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $4,901,665 | $2,050,605 |
| Accrued liabilities | 654,466 | 255,849 |
| Deferred revenue | 20,097 | — |
| Note payable, current | — | 1,000,000 |
| Note payable - related party | — | 70,000 |
| Operating lease liabilities, current | 666,136 | 496,963 |
| Financing lease liabilities, current | 564,383 | 2,363,807 |
| Total current liabilities | 6,806,747 | 6,237,224 |
| Note payable, net of current portion | — | 230,933 |
| Restricted stock award liability | — | 158,617 |
| Operating lease liabilities, non-current | 1,113,212 | 211,181 |
| Total liabilities | 7,919,959 | 6,837,955 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity (deficit): | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, $0.0001 par value; 300,000,000 shares authorized, 51,396,574 and 24,832,814 shares issued and 51,288,566 and 24,508,795 shares outstanding as of December 31, 2024 and 2023, respectively | 5,127 | 2,450 |
| Additional paid-in capital | 239,201,220 | 64,468,141 |
| Subscription receivable | — | (169,616) |
| Accumulated deficit | (107,525,433) | (68,334,381) |
| Total stockholders’ equity (deficit) | 131,680,914 | (4,033,406) |
| Total liabilities and stockholders’ equity (deficit) | $139,600,873 | $2,804,549 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.