Serve Robotics Inc. (SERV)
Nasdaq: SERV · General Industrial Machinery & Equipment, NEC · Redwood City, CA · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Report filed | Mar 12, 2026 | Mar 6, 2025 | Feb 29, 2024 | Mar 31, 2023 | Mar 31, 2022 | Apr 28, 2021 |
| Revenue | 2,651,000 | 1,813,000r | 207,545 | 107,819 | · | · |
| Cost of revenue | 18,033,000 | 1,888,000r | 1,730,262 | 1,148,426 | · | · |
| Gross profit | -15,382,000 | -75,000r | -1,522,717 | -1,040,607 | · | · |
| Research and development | 45,267,000 | 24,255,000r | 9,947,258 | 13,565,765 | · | · |
| Sales and marketing | 2,901,000 | 577,000r | 605,205 | 525,494 | · | · |
| General and administrative | 37,118,000 | 10,093,000r | 4,618,499 | 3,786,124r | 54,627 | · |
| Total operating expenses | 97,387,000 | 38,214,000r | 19,204,887 | 19,912,446 | · | · |
| Operating income | -112,769,000 | -38,289,000r | -20,727,604 | -20,953,053r | -54,627 | · |
| Interest expense | 3,000 | 1,959,000 | 2,264,426 | 636,330 | · | · |
| Interest and investment income | 7,271,000 | 1,279,000 | · | · | · | · |
| Interest income (expense), net | · | -680,548 | -2,264,426 | · | · | · |
| Other income (expense), net | 91,000 | 0 | · | · | · | · |
| Total non-operating income (expense) | · | -902,108 | -4,086,132 | -902,074 | · | · |
| Income before income taxes | -105,017,000 | -39,191,000 | · | · | · | · |
| Income tax expense | -3,656,000 | 0 | 0 | · | · | · |
| Net income including non-controlling interests | · | · | · | -51,354 | -54,627 | · |
| Net income | -101,361,000 | -39,191,000r | -24,813,736 | -21,855,127r | -54,627 | · |
| Earnings per share, basic | -1.63 | -1.07 | -1.75 | -3.17r | -0.01 | · |
| Earnings per share, diluted | -1.63 | -1.07 | -1.75 | -3.17r | -0.01 | · |
| Earnings per share, basic and diluted | · | · | · | · | -0.01 | · |
| Weighted average shares, basic | 62,284,449 | 36,658,834 | 14,204,078 | 6,896,769r | 5,000,000 | · |
| Weighted average shares, diluted | 62,284,449 | 36,658,834 | 14,204,078 | 6,896,769r | 5,000,000 | · |
| Weighted average shares, basic and diluted | · | · | · | · | 5,000,000 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted