Serve Robotics Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1.68	0.21	0.11	-
Revenue Growth (YoY)	692.32%	92.49%	-	-
Cost of Revenue	1.45	1.73	1.15	-
Gross Profit	0.22	-1.52	-1.04	-
Selling, General & Admin	10.27	8.01	6.35	3.53
Research & Development	20.01	9.73	13.57	7.09
Operating Expenses	30.29	17.74	19.91	10.62
Operating Income	-30.06	-19.26	-20.95	-10.62
Interest Expense	-1.38	-2.26	-0.64	-
Other Non Operating Income (Expenses)	-0.22	-1.82	-0.27	-11.04
EBT Excluding Unusual Items	-31.67	-23.34	-21.86	-21.67
Asset Writedown	-1.47	-1.47	-	-
Pretax Income	-33.13	-24.81	-21.86	-21.67
Net Income	-33.13	-24.81	-21.86	-21.67
Net Income to Common	-33.13	-24.81	-21.86	-21.67
Shares Outstanding (Basic)	31	14	7	7
Shares Outstanding (Diluted)	31	14	7	7
Shares Change (YoY)	222.45%	105.95%	-1.44%	-
EPS (Basic)	-1.06	-1.75	-3.17	-3.10
EPS (Diluted)	-1.06	-1.75	-3.17	-3.10
Free Cash Flow	-24.35	-15.98	-25.05	-10.87
Free Cash Flow Per Share	-0.78	-1.12	-3.63	-1.55
Operating Margin	-1790.22%	-9279.24%	-19433.54%	-
Profit Margin	-1973.07%	-11955.83%	-20270.20%	-
Free Cash Flow Margin	-1450.09%	-7697.51%	-23231.28%	-
EBITDA	-29.56	-17.39	-20.56	-10.58
D&A For EBITDA	0.5	1.86	0.39	0.04
EBIT	-30.06	-19.26	-20.95	-10.62
Advertising Expenses	-	0.18	0.13	-

Source: S&P Capital IQ. Standard template. Financial Sources.