SERV: financial statements from SEC — TradeAlmanac

SERV

Serve Robotics Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31 Dec 2025	31 Dec 2024
Revenue	3M	2M
Cost of revenue	18M	2M
Gross profit	−15M	−75,000
Research and development	45M	24M
Selling, general and administrative	37M	10M
Operating expenses	97M	38M
Operating income	−113M	−38M
Pre-tax income	−105M	−39M
Income tax	−4M	0
Net income	−101M	−39M
Earnings per share	−1.63	−1.07
Earnings per share, diluted	−1.63	−1.07
Weighted average shares	62M	37M
Weighted average shares, diluted	62M	37M

Balance sheet

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	47M	106M	117M	117M	198M	123M	51M	29M
Receivables	4M	851,000	805,000

Cash flow

Metric	31 Dec 2025	31 Dec 2024
Operating cash flow	−80M	−22M
Depreciation and amortisation	8M	310,000
Share-based compensation	21M	15M
Capital expenditure	37M	10M
Investing cash flow	−198M	−10M
Financing cash flow	261M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator