Serve Robotics Inc. /DE/
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 12, 2026
SERV$3.11-8.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $2,651 | $1,813 |
| Cost of revenues | 18,033 | 1,888 |
| Gross loss | (15,382) | (75) |
| Operating expenses: | ||
| Research and development | 45,267 | 24,255 |
| General and administrative | 37,118 | 10,093 |
| Operations | 12,101 | 3,289 |
| Sales and marketing | 2,901 | 577 |
| Total operating expenses | 97,387 | 38,214 |
| Loss from operations | (112,769) | (38,289) |
| Other income (expense): | ||
| Interest income | 7,271 | 1,279 |
| Interest expense | (3) | (1,959) |
| Realized gain on foreign currency translation | 2 | — |
| Realized gain on investments | 391 | — |
| Change in fair value of derivative liability | — | (222) |
| Other income | 91 | — |
| Net loss before income taxes | (105,017) | (39,191) |
| Benefit from income taxes | 3,656 | — |
| Net loss | $(101,361) | $(39,191) |
| Other comprehensive income, net of tax: | ||
| Unrealized gain on investments | 189 | — |
| Other comprehensive income, before tax | 189 | — |
| Income tax expense related to items of other comprehensive income | (51) | — |
| Other comprehensive income, net of tax | 138 | — |
| Comprehensive loss | $(101,223) | $(39,191) |
| Weighted average common shares outstanding - basic and diluted | 62,284,449 | 36,658,834 |
| Net loss per common share - basic and diluted | $(1.63) | $(1.07) |
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