Serve Robotics Inc. (SERV)

Serve Robotics Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	50.91	0.01	2.72	7.97
Cash & Short-Term Investments	50.91	0.01	2.72	7.97
Cash Growth	1353.77%	-99.75%	-65.91%	-
Receivables	0.01	0	0.02	-
Inventory	0.33	0.77	0.62	0.46
Prepaid Expenses	3.45	0.68	0.08	-
Other Current Assets	0.18	-	-	0.01
Total Current Assets	54.89	1.46	3.44	8.44
Property, Plant & Equipment	6.07	0.83	4.59	0.12
Other Long-Term Assets	0.51	0.51	0.51	0.1
Total Assets	61.47	2.8	8.54	8.66
Accounts Payable	3.61	2.05	0.16	0.34
Accrued Expenses	0.06	0.26	0.04	-
Short-Term Debt	-	0.07	-	-
Current Portion of Long-Term Debt	-	1	1	-
Current Portion of Leases	1.48	2.86	2.7	-
Total Current Liabilities	5.15	6.24	3.9	0.34
Long-Term Debt	-	0.23	1.21	-
Long-Term Leases	0.14	0.21	2.57	-
Other Long-Term Liabilities	-	0.16	13.31	-
Total Liabilities	5.29	6.84	21	0.34
Common Stock	0	0	0	0
Additional Paid-In Capital	150.58	64.47	31.23	29.99
Retained Earnings	-94.41	-68.33	-43.52	-21.67
Comprehensive Income & Other	-	-0.17	-0.17	0
Total Common Equity	56.18	-4.03	-12.45	8.32
Shareholders' Equity	56.18	-4.03	-12.45	8.32
Total Liabilities & Equity	61.47	2.8	8.54	8.66
Total Debt	1.61	4.37	7.48	-
Net Cash (Debt)	49.3	-4.37	-4.77	7.97
Net Cash Per Share	1.58	-0.31	-0.69	1.14
Filing Date Shares Outstanding	43.97	24.51	8.5	7
Total Common Shares Outstanding	42.63	24.51	8.5	7
Working Capital	49.73	-4.78	-0.46	8.1
Book Value Per Share	1.32	-0.16	-1.47	1.19
Tangible Book Value	56.18	-4.03	-12.45	8.32
Tangible Book Value Per Share	1.32	-0.16	-1.47	1.19
Machinery	2.35	2.34	3.81	0.16

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