Serve Robotics Inc. (SERV)

Serve Robotics Cash Flow Statement

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
Net Income	-33.13	-24.81	-21.86	-21.67
Depreciation & Amortization	0.5	1.86	0.39	0.04
Other Amortization	2.67	1.81	0.01	-
Asset Writedown & Restructuring Costs	1.47	1.47	-	-
Stock-Based Compensation	10.17	0.54	0.2	0.01
Other Operating Activities	-0.77	1.82	0.27	11.04
Change in Accounts Receivable	-0.01	0.02	-0.02	-
Change in Inventory	0.54	-0.16	-0.15	-0.46
Change in Accounts Payable	2.66	1.89	-0.17	0.34
Change in Other Net Operating Assets	-3.07	-0.42	-0.06	-0.01
Operating Cash Flow	-18.96	-15.97	-21.4	-10.71
Capital Expenditures	-5.4	-0	-3.64	-0.16
Other Investing Activities	-	-	-0.42	-0.1
Investing Cash Flow	-5.4	-0	-4.06	-0.26
Short-Term Debt Issued	-	3.32	-	-
Long-Term Debt Issued	-	0.75	6.96	-
Total Debt Issued	4.91	4.07	6.96	-
Short-Term Debt Repaid	-	-0.45	-	-
Long-Term Debt Repaid	-	-3.46	-0.63	-
Total Debt Repaid	-2.95	-3.91	-0.63	-
Net Debt Issued (Repaid)	1.97	0.15	6.33	-
Issuance of Common Stock	72.09	15.4	12.89	7.93
Repurchase of Common Stock	-0	-0	-	-
Other Financing Activities	-2.29	-2.29	-	-
Financing Cash Flow	71.76	13.27	20.21	18.93
Miscellaneous Cash Flow Adjustments	-	-	-	0
Net Cash Flow	47.41	-2.71	-5.25	7.97
Free Cash Flow	-24.35	-15.98	-25.05	-10.87
Free Cash Flow Margin	-1450.09%	-7697.51%	-23231.28%	-
Free Cash Flow Per Share	-0.78	-1.12	-3.63	-1.55
Cash Interest Paid	0.31	0.51	0.62	-
Levered Free Cash Flow	-11.48	-7.86	-16.93	-
Unlevered Free Cash Flow	-13.29	-8.26	-16.54	-
Change in Net Working Capital	-0.22	-1.38	0.39	-

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