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Serve Robotics (Serve Robotics) Research & Development : $14.50 Mil (TTM As of Mar. 2024)


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What is Serve Robotics Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Serve Robotics's Research & Development for the three months ended in Mar. 2024 was $6.64 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $14.50 Mil.

Serve Robotics Research & Development Historical Data

The historical data trend for Serve Robotics's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Serve Robotics Research & Development Chart

Serve Robotics Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
7.09 13.57 9.95

Serve Robotics Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only 2.08 2.13 2.96 2.78 6.64

Serve Robotics Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.50 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Serve Robotics  (NAS:SERV) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Serve Robotics Research & Development Related Terms

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Serve Robotics (Serve Robotics) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
730 Broadway, Redwood, CA, USA, 94063
Website
https://www.serverobotics.com
Serve Robotics Inc is developing next-generation robots for last-mile delivery services. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities as its first application.