Core Insights - Serve Robotics (SERV) is projecting a significant growth in delivery volume, expecting a 60% to 75% quarter-over-quarter increase for Q2 2025, following a 75% increase in the first quarter due to the deployment of 250 third-generation robots in major cities [1][10] Company Growth and Expansion - The company has expanded its geographic footprint and merchant base, now serving over 1,500 restaurants, which is five times more than a year ago, and has increased daily supply hours by over 40% since Q4 2024 [2] - Serve aims to deploy a total of 2,000 robots by the end of 2025, with plans to launch in Atlanta in Q2 and an additional 700 robots expected by the end of Q3 [2] Financial Performance - In Q1, revenues rose 150% sequentially to $440,000, but adjusted EBITDA remained negative at $7.1 million, indicating ongoing financial challenges [3] - The company ended the quarter with $198 million in cash, but the path to profitability remains uncertain [3] Competitive Landscape - Serve Robotics faces competition from larger players like Uber and DoorDash, both of which are investing heavily in autonomous delivery and last-mile logistics [5][6] - The competitive pressure from Uber's global delivery volume and DoorDash's extensive merchant network poses challenges for Serve's market share in urban delivery [7] Stock Performance and Valuation - SERV shares have surged 79.7% in the past three months, outperforming the Zacks Computers - IT Services industry and the S&P 500 index [8] - The stock trades at a forward price-to-sales ratio of 26.11, significantly higher than the industry average [12] Earnings Estimates - SERV's bottom-line estimates for 2025 remain unchanged at a loss of 93 cents per share, indicating a decline from a loss of 67 cents per share reported a year ago [14]

Registration Number 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 As filed with the Securities and Exchange Commission on July 31, 2024. (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Ali Kashani Chief Executive Officer 730 Broadway Redwood City, California 94063 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Serve Robotics Inc. (Exact name of registrant as specified in its charter) (State ...

As filed with the Securities and Exchange Commission on June 28, 2024. Registration Number 333-280071 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Serve Robotics Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 3790 85-3844872 From time to time after this regis ...

(Exact name of registrant as specified in its charter) | Delaware | 3790 | 85-3844872 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification Number) | | | 730 Broadway | | | | Redwood City, CA 94063 | | | | (818) 860-1352 | | | | (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) | | | | Ali Kashani | | Chief E ...