Financial Snapshot

Revenue
$1.520M
TTM
Gross Margin
-389.04%
TTM
Net Earnings
-$32.78M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
723.66%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$28.46M
Q2 2024
Cash
Q2 2024
P/E
-11.20
Sep 13, 2024 EST
Free Cash Flow
-$20.00M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $207.5K
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $207.5K
Cost Of Revenue $1.730M $1.148M $0.00
Gross Profit -$1.523M -$1.041M $0.00
Gross Profit Margin -733.68%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $5.224M $576.8K $3.530M
YoY Change 805.56% -83.66%
% of Gross Profit
Research & Development $9.947M $13.57M $7.093M
YoY Change -26.67% 91.27%
% of Gross Profit
Depreciation & Amortization $1.864M $388.1K $42.47K
YoY Change 380.22% 813.91%
% of Gross Profit
Operating Expenses $19.20M $19.91M $10.62M
YoY Change -3.55% 87.46%
Operating Profit -$20.73M -$51.35K -$54.63K
YoY Change 40262.2% -5.99%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $2.264M $636.3K -$11.04M
YoY Change 255.86% -105.76%
% of Operating Profit
Other Income/Expense, Net -$4.086M -$902.1K
YoY Change 352.97%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$24.81M -$21.86M -$21.67M
YoY Change 13.54% 0.88%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$24.81M -$51.35K -$54.63K
YoY Change 48218.99% -5.99%
Net Earnings / Revenue -11955.83%
Basic Earnings Per Share -$1.75 -$0.01 -$0.01
Diluted Earnings Per Share -$1.75 -$0.01 -$0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $6.760K $2.716M $7.966M
YoY Change -99.75% -65.91%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $677.0K $81.34K $11.16K
YoY Change 732.27% 628.85%
Inventory $774.4K $618.3K $463.4K
Prepaid Expenses
Receivables $2.960K $23.70K $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.461M $3.439M $8.440M
YoY Change -57.52% -59.26%
Property, Plant & Equipment $830.9K $4.592M $119.6K
YoY Change -81.91% 3739.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $512.7K $512.7K $96.65K
YoY Change 0.0% 430.43%
Total Long-Term Assets $1.344M $5.105M $216.3K
YoY Change -73.68% 2260.61%
Total Assets $2.805M $8.544M $8.657M
YoY Change
Accounts Payable $2.051M $162.0K $336.3K
YoY Change 1165.57% -51.82%
Accrued Expenses $752.8K $520.6K $0.00
YoY Change 44.6%
Deferred Revenue
YoY Change
Short-Term Debt $70.00K $0.00 $0.00
YoY Change
Long-Term Debt Due $3.364M $3.214M $0.00
YoY Change 4.65%
Total Short-Term Liabilities $6.237M $3.897M $336.3K
YoY Change 60.05% 1058.75%
Long-Term Debt $230.9K $3.078M $0.00
YoY Change -92.5%
Other Long-Term Liabilities $369.8K $14.02M $0.00
YoY Change -97.36%
Total Long-Term Liabilities $600.7K $17.10M $0.00
YoY Change -96.49%
Total Liabilities $6.838M $21.00M $336.3K
YoY Change -67.43% 6143.11%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 14.20M shares 5.000M shares 5.000M shares
Diluted Shares Outstanding 14.20M shares 5.000M shares 5.000M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $367.09 Million

About Serve Robotics Inc

Serve Robotics, Inc. engages in providing self-driving delivery. The company is headquartered in Redwood City, California and currently employs 57 full-time employees. The company went IPO on 2024-03-06. The firm offers an autonomous all-electric robot that makes delivery sustainable and economical. The Company’s fleet consists of over 100 robots. Its autonomous all-electric robot can provide real-time presence and status updates on those platforms and receive requests to perform deliveries with respect to customer orders placed on those platforms as needed. The company uses artificial intelligence methodologies to design, train and deploy a host of models on robots to perform a variety of tasks, including identification of sidewalk surfaces, intersections, traffic signals, obstacles, pedestrians, and vehicles, and projecting the trajectory of other dynamic agents. Its capabilities include automatic emergency braking, vehicle collision avoidance, and fail-safe mechanical braking. The robots consist of a number of key systems, such as drivetrain, power system, and connectivity.

Industry: Miscellaneous Transportation Equipment Peers: Denny's Corp El Pollo Loco Holdings Inc McDonald's Corp Nathan's Famous Inc RCI Hospitality Holdings Inc Potbelly Corp GEN Restaurant Group Inc