Serve Robotics Inc. /DE/
For the period ended Sep 30, 2025. Filed Nov 14, 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.
Sep 30, 2025 · Filed Nov 14, 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
Condensed Consolidated Statements of Operations
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | $687 | $222 | $1,769 | $1,637 |
| Cost of revenues | 5,066 | 378 | 10,476 | 1,056 |
| Gross profit (loss) | (4,379) | (156) | (8,707) | 581 |
| Operating expenses: | ||||
| General and administrative | 13,153 | 1,980 | 25,981 | 4,861 |
| Operations | 2,987 | 917 | 6,780 | 2,330 |
| Research and development | 13,414 | 5,008 | 29,414 | 17,434 |
| Sales and marketing | 883 | 384 | 1,585 | 668 |
| Total operating expenses | 30,437 | 8,289 | 63,760 | 25,293 |
| Loss from operations | (34,816) | (8,445) | (72,467) | (24,712) |
| Other income (expense): | ||||
| Interest income | 1,707 | 483 | 5,293 | 789 |
| Interest expense | - | (34) | (3) | (1,926) |
| Realized gain on foreign currency translation | 4 | - | 4 | - |
| Realized gain on investments | 85 | - | 85 | - |
| Change in fair value of derivative liability | - | - | - | (222) |
| Total other income (expense) | 1,796 | 449 | 5,379 | (1,359) |
| Provision for income taxes | — | — | — | — |
| Net loss | $(33,020) | $(7,996) | $(67,088) | $(26,071) |
| Other comprehensive income (loss): | ||||
| Unrealized loss on foreign currency translation | (343) | - | - | - |
| Unrealized gain on investments | 110 | - | 65 | - |
| Comprehensive income (loss) | $(33,253) | $(7,996) | $(67,023) | $(26,071) |
| Weighted average common shares outstanding - basic and diluted | 61,343,218 | 40,586,781 | 58,472,679 | 33,267,589 |
| Net loss per common share - basic and diluted | $(0.54) | $(0.20) | $(1.15) | $(0.78) |
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.