Serve Robotics Inc. /DE/

For the period ended Dec 31, 2025. Filed Mar 12, 2026.

About this filing

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$2.91-8.2%Stored close · as of Nov 12, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

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	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)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.