Serve Robotics Inc. /DE/
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
SERV$3.11-8.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $440,465 | $946,711 |
| Cost of revenues | 1,908,773 | 352,438 |
| Gross profit (loss) | (1,468,308) | 594,273 |
| Operating expenses: | ||
| General and administrative | 4,749,952 | 1,008,071 |
| Operations | 1,667,641 | 540,974 |
| Research and development | 6,879,851 | 6,638,441 |
| Sales and marketing | 238,933 | 118,236 |
| Total operating expenses | 13,536,377 | 8,305,722 |
| Loss from operations | (15,004,685) | (7,711,449) |
| Other income (expense): | ||
| Interest income | 1,791,796 | 9,994 |
| Interest expense | (3,403) | (1,336,516) |
| Total other income (expense) | 1,788,393 | (1,326,522) |
| Provision for income taxes | - | - |
| Net loss | $(13,216,292) | $(9,037,971) |
| Weighted average common shares outstanding - basic and diluted | 56,319,299 | 24,556,343 |
| Net loss per common share - basic and diluted | $(0.23) | $(0.37) |
See accompanying notes to the unaudited condensed consolidated financial statements.
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