Serve Robotics Inc. /DE/
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
View on SEC.govAbout this filing
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.
Jun 30, 2025 · Filed Aug 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 EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | $642 | $468 | $1,082 | $1,415 |
| Cost of revenues | 3,501 | 326 | 5,410 | 678 |
| Gross profit (loss) | (2,859) | 142 | (4,328) | 737 |
| Operating expenses: | ||||
| General and administrative | 8,078 | 1,873 | 12,828 | 2,881 |
| Operations | 2,124 | 871 | 3,793 | 1,412 |
| Research and development | 9,120 | 5,788 | 16,000 | 12,426 |
| Sales and marketing | 463 | 166 | 702 | 284 |
| Total operating expenses | 19,785 | 8,698 | 33,323 | 17,003 |
| Loss from operations | (22,644) | (8,556) | (37,651) | (16,266) |
| Other income (expense): | ||||
| Interest income | 1,794 | 296 | 3,586 | 306 |
| Interest expense | - | (556) | (3) | (1,893) |
| Change in fair value of derivative liability | - | (222) | - | (222) |
| Total other income (expense) | 1,794 | (482) | 3,583 | (1,809) |
| Provision for income taxes | — | — | — | — |
| Net loss | $(20,850) | $(9,038) | $(34,068) | $(18,075) |
| Other comprehensive income (loss): | ||||
| Unrealized gain on foreign currency translation | 343 | - | 343 | - |
| Unrealized loss on investments | (45) | - | (45) | - |
| Comprehensive income (loss) | $(20,552) | $(9,038) | $(33,770) | $(18,075) |
| Weighted average common shares outstanding - basic and diluted | 57,514,808 | 33,795,009 | 56,953,711 | 29,176,370 |
| Net loss per common share - basic and diluted | $(0.36) | $(0.27) | $(0.60) | $(0.62) |
See accompanying notes to the unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.