SERVE ROBOTICS INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $2.7M | $1.8M | $207.5K | $107.8K |
| Cost of Revenue | $18.0M | $1.9M | $1.7M | $1.1M |
| Gross Profit | $-15.4M | $-75.0K | $-1.5M | $-1.0M |
| Gross Margin | -580.2% | -4.1% | -733.7% | -965.1% |
| Operating Expenses | ||||
| Research & Development | $45.3M | $24.3M | $9.9M | $13.6M |
| SG&A Expense | $37.1M | $10.1M | $4.6M | $3.8M |
| Operating Income | $-112.8M | $-38.3M | $-20.7M | $-21.0M |
| Operating Margin | -4,253.8% | -2,111.9% | -9,987.0% | -19,433.5% |
| Interest Expense | — | $78.5K | $2.3M | $636.3K |
| Pretax Income | $-105.0M | $-39.2M | — | — |
| Income Tax Expense | $-3.7M | $0 | $0 | — |
| Net Income | $-101.4M | $-39.2M | $-24.8M | $-21.9M |
| Net Margin | -3,823.5% | -2,161.7% | -11,955.8% | -20,270.2% |
| EPS (Basic) | $-1.63 | $-1.07 | $-0.58 | $-0.53 |
| EPS (Diluted) | $-1.63 | $-1.07 | $-0.58 | $-0.53 |
| Shares Outstanding (Basic) | 62.3M | 36.7M | 42.6M | 41.4M |
| Shares Outstanding (Diluted) | 62.3M | 36.7M | 42.6M | 41.4M |
| Dividends Per Share | — | — | — | — |