| Accounting Policies, by Policy (Policies) | 6 Months Ended | 9 Months Ended | 12 Months Ended |
| Jun. 30, 2023 | Sep. 30, 2023 | Dec. 31, 2022 |
| Accounting Policies, by Policy (Policies) [Line Items] | | | |
| Basis of Presentation | | Basis
of Presentation The accounting and reporting
policies of the Company conform to GAAP. The Company’s fiscal year is December 31. | Basis of Presentation The accounting and reporting
policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”). The Company’s
fiscal year is December 31. |
| Reverse Merger and Recapitalization | | | Reverse
Merger and Recapitalization On
July 31, 2023, the board of directors of Patricia Acquisition Corp., a Delaware corporation (“Patricia”) and all of
its pre-Merger stockholders approved a restated certificate of incorporation, which was effective upon its filing with the Secretary
of State of the State of Delaware on July 31, 2023, and through which Patricia changed its name to “Serve Robotics Inc.” On
July 31, 2023, Patricia’s wholly-owned subsidiary, Serve Acquisition Corp., a corporation formed in the State of Delaware on July
10, 2023 (“Acquisition Sub”), merged with and into Serve Robotics Inc. (“Serve”). Pursuant to this transaction
(the “Merger”), Serve was the surviving corporation and became our wholly owned subsidiary, and all of the outstanding stock
of Serve was converted into shares of our common stock. All of Serve’s outstanding warrants, options and stock appreciation rights
were assumed by us. Following the consummation of the Merger, Serve changed its name to “Serve Operating Co.” The
Merger is being accounted for as a reverse-merger and recapitalization. Serve is the acquirer for financial reporting purposes, and Patricia
is the acquired company under the acquisition method of accounting in accordance with FASB ASC Topic 805, Business Combinations.
Consequently, the assets, liabilities and operations that will be reflected in the historical financial statements prior to the Merger
will be those of Serve and will be recorded at the historical cost basis of Serve, and the consolidated financial statements after completion
of the Merger will include the assets, liabilities and results of operations of Serve up to the day prior to the closing of the Merger
and the assets, liabilities and results of operations of the combined company from and after the closing date of the Merger. As
a result of the Merger, each of Serve’s shares of capital stock issued and outstanding immediately prior to the closing of the
Merger was converted into the right to receive 0.8035 shares of Patricia’s common stock (the “Common Share Conversion
Ratio”). Accordingly, all share and per share amounts for all periods presented in the accompanying consolidated financial statements
and notes thereto have been adjusted retroactively, where applicable, to reflect the Common Share Conversion Ratio and the par value
of Patricia, $0.0001 per share. The
authorized shares of preferred and common stock in the accompanying consolidated balance sheets reflect the historical authorized shares
of Serve. Upon the Merger, there were 10,000,000 authorized shares of preferred stock and 300,000,000 shares of common stock. |
| Unaudited Pro Forma Financial Information | | | Unaudited
Pro Forma Financial Information At
the Closing of the Merger described above, all outstanding shares of the Series Seed Preferred Stock were converted into shares of common
stock. The
unaudited pro-forma balance sheet information as of December 31, 2022 has been prepared to give effect to the exchange of all 7,987,195
outstanding shares of the various Series Seed Preferred Stock, converted into an equal number of common stock as if the exchange had
occurred on December 31, 2022. The shares of common stock issuable and the proceeds expected to be received in the Business Combination
are excluded from such pro-forma financial information.
December
31, 2022
Actual Pro
Forma
Stockholders’ deficit: (unaudited)
Series
Seed preferred stock $ 309 $ -
Series
Seed-1 preferred stock 244 -
Series
Seed-2 preferred stock 209 -
Series
Seed-3 preferred stock 36 -
Common
stock 683 1,481
Additional
paid-in capital 31,232,737 31,232,737
Subscription
receivable (165,719 ) (165,719 )
Accumulated
deficit (43,520,645 ) (43,520,645 )
Total
stockholders’ deficit $ (12,452,146 ) $ (12,452,146 ) |
| Principles of Consolidation | | Principles
of Consolidation These condensed consolidated
financial statements include the accounts of the Company and its wholly-owned subsidiaries, Serve Operating Co. and Serve Robotics Canada
Inc. All inter-company transactions and balances have been eliminated on consolidation. | Principles of Consolidation These consolidated financial
statements include the accounts of the Company and its wholly-owned subsidiary Serve Robotics Canada Inc. All inter-company transactions
and balances have been eliminated on consolidation. |
| Use of Estimates | | Use
of Estimates The preparation of the
Company’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial
statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions reflected
in these financial statements include, but are not limited to, valuation of future equity obligations and stock-based compensation. The
Company bases its estimates on historical experience, known trends and other market-specific or other relevant factors that it believes
to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates when there are changes in circumstances,
facts and experience. Changes in estimates are recorded in the period in which they become known. Actual results could differ from those
estimates. | Use of Estimates The preparation of the Company’s
financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported
amounts of revenues and expenses during the reporting period. Significant estimates and assumptions reflected in these financial statements
include, but are not limited to, the valuations of common stock and options. The Company bases its estimates on historical experience,
known trends and other market-specific or other relevant factors that it believes to be reasonable under the circumstances. On an ongoing
basis, management evaluates its estimates when there are changes in circumstances, facts and experience. Changes in estimates are recorded
in the period in which they become known. Actual results could differ from those estimates. |
| Concentrations of Credit Risk | | Concentrations
of Credit Risk Financial instruments
that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company generally
maintains balances in various operating accounts at financial institutions that management believes to be of high credit quality, in
amounts that may exceed federally insured limits. The Company has not experienced any losses related to its cash and cash equivalents
and does not believe that it is subject to unusual credit risk beyond the normal credit risk associated with commercial banking relationships.
As of September 30, 2023 and December 31, 2022, the Company’s cash and cash equivalents were held at one accredited financial institution.
As of September 30, 2023 and December 31, 2022, the Company had balances in excess of insured amounts, respectively. | Concentrations of Credit Risk Financial instruments that
potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company generally
maintains balances in various operating accounts at financial institutions that management believes to be of high credit quality, in amounts
that may exceed federally insured limits. The Company has not experienced any losses related to its cash and cash equivalents and does
not believe that it is subject to unusual credit risk beyond the normal credit risk associated with commercial banking relationships.
At December 31, 2022 and 2021, all of the Company’s cash and cash equivalents were held at one accredited financial institution. As of
December 31, 2022 and 2021, the Company had $2,465,719 and $7,715,861, respectively, in excess of insured amounts. |
| Cash and Cash Equivalents | | Cash
and Cash Equivalents The Company considers
all highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents. | Cash and Cash Equivalents The Company considers all
highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents. |
| Fair Value Measurements | | Fair
Value Measurements Certain
assets and liabilities of the Company are carried at fair value under GAAP. Fair value is defined as the exchange price that would be
received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability
in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize
the use of observable inputs and minimize the use of unobservable inputs. Financial assets and liabilities carried at fair value are
to be classified and disclosed in one of the following three levels of the fair value hierarchy, of which the first two are considered
observable and the last is considered unobservable:
● Level
1—Quoted prices in active markets for identical assets or liabilities.
● Level
2—Observable inputs (other than Level 1 quoted prices), such as quoted prices in active
markets for similar assets or liabilities, quoted prices in markets that are not active for
identical or similar assets or liabilities, or other inputs that are observable or can be
corroborated by observable market data.
● Level
3—Unobservable inputs that are supported by little or no market activity that are significant
to determining the fair value of the assets or liabilities, including pricing models, discounted
cash flow methodologies and similar techniques. The carrying values of
the Company’s accounts receivable, prepaid expenses and accounts payable and accrued expenses approximate their fair values due
to the short-term nature of these assets and liabilities. See Notes 4 and 7 for
fair value disclosures of future equity obligations. | Fair Value Measurements Certain assets and liabilities
of the Company are carried at fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or
paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction
between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable
inputs and minimize the use of unobservable inputs. Financial assets and liabilities carried at fair value are to be classified and disclosed
in one of the following three levels of the fair value hierarchy, of which the first two are considered observable and the last is considered
unobservable:
● Level 1—Quoted prices in active markets for identical
assets or liabilities.
● Level 2—Observable inputs (other than Level 1 quoted
prices), such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for
identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data.
● Level 3—Unobservable inputs that are supported by little
or no market activity that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted
cash flow methodologies and similar techniques. The carrying values of the
Company’s assets and liabilities approximate their fair values. See Note 4 for fair value
measurement disclosures. |
| Accounts Receivable | | Accounts Receivable
Accounts receivable are
derived from services delivered to customers and are stated at their net realizable value. The Company accounts for allowance for doubtful
accounts under ASC 310-10-35. Each month, the Company reviews its receivables on a customer-by-customer basis and evaluates whether an
allowance for doubtful accounts is necessary based on any known or perceived collection issues. Any balances that are eventually deemed
uncollectible are written off against the allowance after all means of collection have been exhausted and the potential for recovery
is considered remote. As of September 30, 2023 and December 31, 2022, the Company determined there was no allowance for doubtful accounts
necessary. | Accounts Receivable Accounts receivable are derived
from products and services delivered to customers and are stated at their net realizable value. Each month, the Company reviews its receivables
on a customer-by-customer basis and evaluates whether an allowance for doubtful accounts is necessary based on any known or perceived
collection issues. Any balances that are eventually deemed uncollectible are written off against the allowance after all means of collection
have been exhausted and the potential for recovery is considered remote. |
| Inventory | | Inventory Inventory is stated at the lower of cost or
market value and accounted for using the specific identification cost method. As of September 30, 2023 and December 31, 2022, inventory
primarily consists of robotic component parts from the Company’s suppliers. Management reviews its inventory for obsolescence and
impairment annually and did not record a reserve for obsolete inventory for the nine months ended September 30, 2023 and 2022. | Inventory Inventory is stated at the
lower of cost or market value and accounted for using the specific identification cost method. As of December 31, 2022 and 2021, inventory
primarily consists of robotic component parts from the Company’s suppliers. Management reviews its inventory for obsolescence and
impairment annually and did not record a reserve for obsolete inventory for the years ended December 31, 2022 and 2021. |
| Property and Equipment | | Property
and Equipment Property and equipment are stated at cost
less accumulated depreciation. Depreciation expense is recognized using the straight-line method over the estimated useful life of the
asset, which is three (3) to five (5) years for office equipment and two (2) years for the Company’s robot assets. Estimated useful
lives are periodically assessed to determine if changes are appropriate. Maintenance and repairs are charged to expense as incurred.
When assets are retired or otherwise disposed of, the cost of these assets and related accumulated depreciation or amortization are eliminated
from the balance sheets and any resulting gains or losses are included in the statement of operations in the period of disposal. (See
Note 5). | Property and Equipment Property and equipment are
stated at cost less accumulated depreciation. Depreciation expense is recognized using the straight-line method over the estimated useful
life of the asset, which is three (3) to five (5) years for office equipment and two (2) years for the Company’s current robot assets.
Estimated useful lives are periodically assessed to determine if changes are appropriate. Maintenance and repairs are charged to expense
as incurred. When assets are retired or otherwise disposed of, the cost of these assets and related accumulated depreciation or amortization
are eliminated from the balance sheets and any resulting gains or losses are included in the statement of operations in the period of
disposal. |
| Impairment of Long-Lived Assets | | Impairment
of Long-Lived Assets The Company accounts
for long-lived assets in accordance with the provisions of ASC 360-10-35, Property, Plant and Equipment, Impairment or Disposal
of Long-lived Assets. | Impairment of Long-Lived
Assets The Company continually monitors
events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events
or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying
value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less
than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the
fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell. |
| Revenue Recognition | | Revenue Recognition
The Company accounts
for revenue under ASC 606 , Revenue from Contracts with Customers
● Identification
of a contract with a customer;
● Identification
of the performance obligations in the contract;
● Determination
of the transaction price;
● Allocation
of the transaction price to the performance obligations in the contract; and
● Recognition
of revenue when or as the performance obligations are satisfied. Revenue
is recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration
the Company expects to be entitled to in exchange for those goods or services. As a practical expedient, the Company does not adjust
the transaction price for the effects of a significant financing component if, at contract inception, the period between customer payment
and the transfer of goods or services is expected to be one year or less. To
date, the Company has generated initial revenues from its delivery services as well as branding fees. For delivery services, the Company
satisfies its performance obligation when the delivery is complete, which is the point in time control of the delivered product transfers
to the customer. The Company recognizes branding fees over time as performance obligations are completed over the term of the agreement. During the nine months
ended September 30, 2023, delivery revenue was $111,784, branding fees were $45,250 and other revenue was $7,792, respectively. During
the nine months ended September 30, 2022, delivery revenue was $35,049 and branding fees were $25,640, respectively. | Revenue Recognition The Company accounts for
revenue in accordance with ASC 606 – Revenue from Contracts with Customers ( “ASC 606”). The Company determines revenue
recognition through the following steps:
● Identification of a contract with a customer;
● Identification of the performance obligations in the contract;
● Determination of the transaction price;
● Allocation of the transaction price to the performance obligations
in the contract; and
● Recognition of revenue when or as the performance obligations
are satisfied. Revenue is recognized when
control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects
to be entitled to in exchange for those goods or services. As a practical expedient, the Company does not adjust the transaction price
for the effects of a significant financing component if, at contract inception, the period between customer payment and the transfer of
goods or services is expected to be one year or less. To date, The Company has not generated any revenue. To date, the Company has
generated initial revenues from its delivery services as well as branding fees. For delivery services, the Company satisfies its performance
obligation when the delivery is complete, which is the point in time control of the delivered product transfers to the customer. The Company
recognizes branding fees over time as performance obligations are completed over the term of the agreement. During the year ended December
31, 2022, delivery revenue was $54,423 and branding fees were $53,575, respectively. |
| Cost of Revenue | | Cost
of Revenue Cost
of revenue consists primarily of allocations of depreciation on robot assets used for revenue producing activities, personnel time related
to revenue activities, and costs related to data, software and similar costs that allow the robots to function as intended and for the
Company to communicate with the robots while in service. | Cost of Revenue Cost of revenue consists
primarily of allocations of depreciation on robot assets used for revenue producing activities, personnel time related to revenue activities,
and costs related to data, software and similar costs that allow the robots to function as intended and for the Company to communicate
with the robots while in service. |
| Sales and Marketing | | Sales
and Marketing Sales and marketing expenses
include personnel costs and public relations expenses. Advertising costs are expensed as incurred and included in sales and marketing
expenses. Advertising expense were approximately $0 and $47,700 for the three months ended September 30, 2023 and 2022, and $184,000,
and $144,000 for the nine months ended September 30, 2023 and 2022, all respectively. | Sales and Marketing Sales and marketing expenses
includes personnel costs and public relations expenses. Advertising costs are expensed as incurred and included in sales and marketing
expense. |
| Operations | | | Operations Operations expenses primarily consists of costs
for field operations personnel that support operations in cities, including supervisors and related costs. |
| General and Administrative Expenses | | General
and Administrative Expenses General
and administrative expenses primarily consist of personnel-related expenses for executive management and administrative functions, including
finance and accounting, legal, and human resources, as well as general corporate expenses and general insurance. General and administrative
expenses also include depreciation on property and equipment as well as amortization of right of use assets. These costs are expensed
as incurred. | General and Administrative Expenses General and administrative
expenses primarily consist of personnel-related expenses for executive management and administrative functions, including finance and
accounting, legal, and human resources, as well as general corporate expenses and general insurance. General and administrative expenses
also include depreciation on certain property and equipment as well as amortization of allocated portions of right of use assets. These
costs are expensed as incurred. |
| Research and Development Costs | | Research
and Development Costs Costs
incurred in the research and development of the Company’s products are expensed as incurred. Research and development costs include
product design, hardware and software costs. | Research and Development Costs Costs incurred in the research
and development of the Company’s products are expensed as incurred. Research and development costs include product design, hardware
and software costs. |
| Concentrations | | Concentrations During the nine months ended September 30,
2023, one customer accounted for 68% of revenue. | Concentrations The Company is dependent
on third-party vendors to supply inventory and products for research and development activities and parts for building products. In particular,
the Company relies and expects to continue to rely on a small number of vendors. The loss of one of these vendors may have a negative
short-term impact on the Company’s operations; however, the Company believes there are acceptable substitute vendors that can be
utilized longer-term. |
| Accounting for Preferred Stock | | | Accounting for Preferred Stock ASC 480, Distinguishing
Liabilities from Equity Management is required to
determine the presentation for the preferred stock as a result of the redemption and conversion provisions, among other provisions in
the agreement. Specifically, management is required to determine whether the embedded conversion feature in the preferred stock is clearly
and closely related to the host instrument, and whether the bifurcation of the conversion feature is required and whether the conversion
feature should be accounted for as a derivative instrument. If the host instrument and conversion feature are determined to be clearly
and closely related (both more akin to equity), derivative liability accounting under ASC 815, Derivatives and Hedging Costs incurred directly for
the issuance of the preferred stock are recorded as a reduction of gross proceeds received by the Company, resulting in a discount to
the preferred stock. The discount is not amortized. |
| Stock-Based Compensation | | | Stock-Based Compensation The Company accounts for
stock-based compensation in accordance with ASC 718, Compensation - Stock Compensation. The Company classifies stock-based
compensation expense in its statement of operations in the same manner in which the award recipient’s payroll costs are classified
or in which the award recipient’s service payments are classified. The fair value of each stock
option grant is estimated on the date of grant using the Black-Scholes option-pricing model. The Company historically has been a private
company and lacks company-specific historical and implied volatility information for its stock. Therefore, it estimates its expected stock
price volatility based on the historical volatility of publicly traded peer companies and expects to continue to do so until such time
as it has adequate historical data regarding the volatility of its own traded stock price. The expected term of the Company’s stock
options has been determined utilizing the “simplified” method for awards that qualify as “plain-vanilla” options.
The risk-free interest rate is determined by reference to the U.S. Treasury yield curve in effect at the time of grant of the award for
time periods approximately equal to the expected term of the award. Expected dividend yield is based on the fact that the Company has
never paid cash dividends on common stock and does not expect to pay any cash dividends in the foreseeable future. Forfeitures are recognized
as incurred. Determining the appropriate fair value of stock-based awards requires the input of subjective assumptions. The assumptions
used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties
and the application of management’s judgment. As a result, if factors change and management uses different assumptions, stock-based
compensation expense could be materially different for future awards. |
| Leases | | Leases In
February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016
02, Leases (ASC 842). This ASU requires a lessee to recognize a right-of-use asset and a lease liability under most operating leases
in its balance sheet. The ASU is effective for annual and interim periods beginning after December 15, 2021. Early adoption is permitted.
The Company adopted ASC 842 on January 1, 2022 using the modified retrospective approach. The Company elected the package of practical
expedients available for existing contracts, which allowed the Company to carry forward our historical assessments of lease identification,
lease classification, and initial direct costs and did not require retrospective medication. The Company also elected a policy to not
apply the recognition requirements of ASC 842 for short-term leases with a term of 12 months or less. The
Company determines if an arrangement is a lease, or includes an embedded lease, at inception for each contract or agreement. A contract
is or contains an embedded lease if the contract meets all of the below criteria:
(i) there
is an identified asset
(ii) the
Company obtains substantially all of the economic benefits of the asset
(iii) the
Company has the right to direct the use of the asset The
Company’s operating lease agreements include office and warehouse space. ROU assets represent the right to use an underlying asset
for the lease term and operating lease liabilities represent the obligation to make payments arising from the lease or embedded lease.
Operating lease ROU assets and operating lease liabilities are recognized at commencement date based on the present value of the future
minimum lease payments over the lease term. As most leases do not provide an implicit rate, the Company uses an incremental borrowing
rate that is based on the estimated rate of interest for a collateralized borrowing of a similar asset, using a similar term as the lease
payments at the commencement date. Indirect capital costs are capitalized and included in the ROU assets at commencement. The
operating lease ROU assets and operating lease liabilities include any lease payments made, including any variable amounts that are based
on an index or rate, and exclude lease incentives. Variability that is not due to an index or rate, such as payments made based on hourly
rates, are excluded from the lease liability. Lease terms may include options to extend or terminate the lease. Renewal option periods are included within
the lease term and the associated payments are recognized in the measurement of the operating ROU asset and operating lease liability
when they are at our discretion and considered reasonably certain of being exercised. Over the lease term, the Company uses the effective
interest rate method to account for the lease liability as lease payments are made and the ROU asset is amortized in a manner that results
in straight-line expense recognition. (See Note 10). | Leases In February 2016, the Financial
Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016 02, Leases (ASC 842). This
ASU requires a lessee to recognize a right-of-use asset and a lease liability under most operating leases in its balance sheet. The ASU
is effective for annual and interim periods beginning after December 15, 2021. Early adoption is permitted. The Company adopted ASC 842
on January 1, 2022 using the modified retrospective approach. The Company elected the package of practical expedients available for existing
contracts, which allowed the Company to carry forward our historical assessments of lease identification, lease classification, and initial
direct costs. The Company also elected a policy to not apply the recognition requirements of ASC 842 for short-term leases with a term
of 12 months or less. The Company determines if
an arrangement is a lease, or includes an embedded lease, at inception for each contract or agreement. A contract is or contains an embedded
lease if the contract meets all of the below criteria:
(i) there is an identified asset
(ii) the Company obtains substantially all of the economic benefits
of the asset
(iii) the Company has the right to direct the use of the asset The Company’s operating
lease agreements include office and warehouse space. ROU assets represent the right to use an underlying asset for the lease term and
operating lease liabilities represent the obligation to make payments arising from the lease or embedded lease. Operating lease ROU assets
and operating lease liabilities are recognized at commencement date based on the present value of the future minimum lease payments over
the lease term. As most leases do not provide an implicit rate, the Company uses an incremental borrowing rate that is based on the estimated
rate of interest for a collateralized borrowing of a similar asset, using a similar term as the lease payments at the commencement date.
Indirect capital costs are capitalized and included in the ROU assets at commencement. The operating lease ROU assets
and operating lease liabilities include any lease payments made, including any variable amounts that are based on an index or rate, and
exclude lease incentives. Variability that is not due to an index or rate, such as payments made based on hourly rates, are excluded from
the lease liability. Lease terms may include options to extend or terminate the lease. Renewal option periods are
included within the lease term and the associated payments are recognized in the measurement of the operating ROU asset and operating
lease liability when they are at our discretion and considered reasonably certain of being exercised. Over the lease term, the Company
uses the effective interest rate method to account for the lease liability as lease payments are made and the ROU asset is amortized in
a manner that results in straight-line expense recognition. |
| Income Taxes | | | Income Taxes The Company uses the liability
method of accounting for income taxes as set forth in ASC 740, Income Taxes |
| Net Loss per Common Share | | Net
Loss per Share Net earnings or loss
per share is computed by dividing net income or loss by the weighted-average number of common shares outstanding during the period, excluding
shares subject to redemption or forfeiture. The Company presents basic and diluted net earnings or loss per share. Diluted net earnings
or loss per share reflect the actual weighted average of common shares issued and outstanding during the period, adjusted for potentially
dilutive securities outstanding. Potentially dilutive securities are excluded from the computation of the diluted net loss per share
if their inclusion would be anti-dilutive. As all potentially dilutive securities are anti-dilutive as of September 30, 2023 and December
31, 2022, diluted net loss per share is the same as basic net loss per share for each period. Potentially dilutive items outstanding
as of September 30, 2023 and 2022 is as follows:
September 30,
2023 2022
Series Seed preferred stock (convertible
to common stock) - 3,091,672
Series Seed-1 preferred stock (convertible to common
stock) - 2,440,412
Series Seed-2 preferred stock (convertible to common
stock) - 2,088,696
Series Seed-3 preferred stock (convertible to common
stock) - 357,836
Common stock warrants 142,730 54,203
Preferred stock warrants - 128,819
Stock options 1,594,800 941,406
Unvested restricted common stock
issued not outstanding 326,839 -
Total potentially dilutive shares 2,064,369 9,103,044 Excluded in the table of September 30, 2022
are the number of shares that would be issuable upon the conversion of Simple Agreements for Future Equity, for which the number of shares
are indeterminable as of September 30, 2022. Upon consummation of the Merger, all outstanding SAFEs were converted into 4,372,601 shares
of common stock (see Notes 4, 7 and 8). Upon the Merger, all outstanding shares of
preferred stock were converted into an aggregate of 7,978,616 shares of common stock. Furthermore, all outstanding warrants to purchase
shares of Series Seed preferred stock were converted into 128,819 warrants to purchase shares of common stock. | Net Loss per Share Net earnings or loss per
share is computed by dividing net income or loss by the weighted-average number of common shares outstanding during the period, excluding
shares subject to redemption or forfeiture. The Company presents basic and diluted net earnings or loss per share. Diluted net earnings
or loss per share reflect the actual weighted average of common shares issued and outstanding during the period, adjusted for potentially
dilutive securities outstanding. Potentially dilutive securities are excluded from the computation of the diluted net loss per share if
their inclusion would be anti-dilutive. As all potentially dilutive securities are anti-dilutive as of December 31, 2022 and 2021, diluted
net loss per share is the same as basic net loss per share for each period. Potentially dilutive items outstanding as of December 31,
2022 and 2021 is as follows:
December 31,
2022 2021
Series Seed preferred stock (convertible to common stock) 3,091,672 2,834,033
Series Seed-1 preferred stock (convertible to common stock) 2,440,411 2,440,411
Series Seed-2 preferred stock (convertible to common stock) 2,088,696 2,088,696
Series Seed-3 preferred stock (convertible to common stock) 357,836 357,836
Common stock warrants 54,203 13,912
Preferred stock warrants 128,819 128,819
Stock options 861,309 590,073
Total potentially dilutive shares 9,022,946 8,453,780 Excluded in the table below
are the number of shares that would be issuable upon the conversion of Simple Agreements for Future Equity, for which the number of shares
are indeterminable. The table also excludes 417,301 shares of restricted stock considered issued but not outstanding due to vesting requirements
(Note 8). |
| Recently Issued Accounting Pronouncements | | Recently
Adopted Accounting Pronouncements Management does not believe
that any other recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial
statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances. | Recently Adopted Accounting
Pronouncements Management does not believe
that any other recently issued, but not yet effective, accounting standards could have a material effect on the accompanying consolidated
financial statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances. |
| Capital Stock Conversion | | Capital Stock Conversion As a result of the Merger,
each of Serve’s shares of capital stock issued and outstanding immediately prior to the closing of the Merger was converted into
the right to receive 0.8035 shares of Patricia’s common stock (the “Common Share Conversion Ratio”). Accordingly, all
share and per share amounts for all periods presented in the accompanying consolidated financial statements and notes thereto have been
adjusted retroactively, where applicable, to reflect the Common Share Conversion Ratio. There was no effect on the number of shares of
common stock or preferred stock authorized for issuance under the Company’s certificate of incorporation or the par value of such
securities. In
addition to the above, the par value of the Company after the Merger was changed to $0.0001 per share. Accordingly, all par value amounts
for all periods presented in the accompanying consolidated financial statements and notes thereto have been adjusted retroactively, where
applicable, to reflect the par value adjustment. | |
| Unaudited Interim Financial Information | | Unaudited
Interim Financial Information The unaudited interim
condensed financial statements and related notes have been prepared in accordance with GAAP for interim financial information, within
the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). Certain information and disclosures
normally included in the annual consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant
to such rules and regulations. The unaudited interim financial statements have been prepared on a basis consistent with the audited financial
statements and in the opinion of management, reflect all adjustments, consisting of only normal recurring adjustments, necessary for
the fair presentation of the results for the interim periods presented and of the financial condition as of the date of the interim balance
sheet. The financial data and the other information disclosed in these notes to the interim financial statements related to the nine-month
periods are unaudited. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. The accompanying unaudited
interim condensed financial statements should be read in conjunction with the Company’s audited financial statements and the notes
thereto for the year ended December 31, 2022 included in the Form 8-K filed with the SEC on August 4, 2023. | |
| Deferred Offering Costs | | Deferred
Offering Costs The Company complies
with the requirements of FASB ASC 340-10-S99-1 with regards to offering costs. Prior to the completion of an offering, offering costs
are capitalized. The deferred offering costs are charged to additional paid-in capital or as a discount to debt, as applicable, upon
the completion of an offering or to expense if the offering is not completed. As of September 30, 2023, there were no deferred
offering costs. | |
| Convertible Instruments | | Convertible
Instruments GAAP
requires companies to bifurcate conversion options from their host instruments and account for them as free-standing derivative financial
instruments according to certain criteria. The criteria include circumstances in which (a) the economic characteristics and risks
of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract,
the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under
otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a
separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. An exception
to this rule is when the host instrument is deemed to be conventional as that term is described under applicable GAAP. | |
| Subscription Receivable | | Subscription Receivable The Company records stock
issuances at the effective date. If the subscription is not funded upon issuance, the Company records an escrow receivable as an asset
on a balance sheet. When subscription receivables are not received prior to the issuance of financial statements at a reporting date
in satisfaction of the requirements under FASB ASC 505-10-45-2, the subscription is reclassified as a contra account to stockholders’
equity on the consolidated balance sheet. | |
| Operations | | Operations Operations expenses primarily
consist of costs for field operations personnel. | |
| Patricia Acquisition Corp.[Member] | | | |
| Accounting Policies, by Policy (Policies) [Line Items] | | | |
| Basis of Presentation | Basis of Presentation The accompanying unaudited financial statements
have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”)
for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities
and Exchange Commission (the “SEC.”). Certain information or footnote disclosures normally included in financial statements
prepared in accordance with U.S. GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial
reporting. Accordingly, they do not include all the information and footnotes necessary for a compete presentation of financial position,
results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include
all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating
results and cash flows for the periods presented. | | Basis of Presentation The accompanying financial statements have been
prepared in accordance with accounting principles generally accepted in the United States of America ( “GAAP” |
| Use of Estimates | Use of Estimates The preparation of the condensed financial statements
in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts
of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | | Use of Estimates The preparation of financial statements in conformity
with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during
the reporting periods. Actual results could differ from those estimates. |
| Income Taxes | Income Taxes The Company accounts for income taxes under ASC
740, “ Income Taxes”, The Company recognizes accrued interest and penalties
related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest
and penalties as of June 30, 2023 and December 31, 2022. The Company is currently not aware of any issues under review that could result
in significant payments, accruals or material deviation from its position. | | Income Taxes The Company adopted ASC 740, “Income
Taxes” The Company recognizes accrued interest and penalties
related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest
and penalties as of December 31, 2022 and 2021. The Company is currently not aware of any issues under review that could result in significant
payments, accruals or material deviation from its position. |
| Net Loss per Common Share | Net Loss per Common Share Net loss per share is computed by dividing net
loss by the weighted average number of common shares outstanding for the period. Diluted earnings per share takes into effect any dilutive
instruments, except when doing so would be anti-dilutive. As of June 30, 2023 and 2022, there were no dilutive instruments. | | Net Loss per Common Share Net loss per share is computed by dividing net loss by the weighted
average number of common shares outstanding for the period. Diluted earnings per share takes into effect any dilutive instruments, except
when doing so would be anti-dilutive. As of December 31, 2022 and 2021, there were no dilutive instruments. |
| Recently Issued Accounting Pronouncements | Recently Issued Accounting Pronouncements Management does not believe that any recently
issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements. | | Recently Issued Accounting Pronouncements Management does not believe that any recently
issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements. |
| Emerging Growth Company | Emerging Growth Company The Company is an “emerging growth company,”
as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012, or the “JOBS Act”.
As such, the Company is eligible to take advantage of certain exemptions from various reporting requirements that are applicable to other
public companies that are not “emerging growth companies” including, but not limited to, not being required to comply with
the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive
compensation in the Company’s periodic reports and proxy statements, and exemptions from the requirements of holding a non-binding
advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. If some investors
find the securities less attractive as a result, there may be a less active trading market for securities and the prices of securities
may be more volatile. In addition, Section 107 of the JOBS Act also
provides that an “emerging growth company” can take advantage of the extended transition period provided in Section 7(a)(2)(B)
of the Securities Act for complying with new or revised accounting standards (that is, an “emerging growth company” can delay
the adoption of certain accounting standards until those standards would otherwise apply to private companies). The Company intends to
take advantage of the benefits of this extended transition period. Additionally, the Company is a “smaller
reporting company” as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced
disclosure obligations, including, among other things, providing only two years of audited financial statements. The Company will remain
a smaller reporting company until the last day of the fiscal year in which (1) the market value of the ordinary shares held by non-affiliates
equals or exceeds $250 million as of the prior June 30, and (2) the annual revenues equaled or exceeded $100 million during such completed
fiscal year or the market value of the ordinary shares held by non-affiliates equals or exceeds $700 million as of the prior June 30. | | Emerging Growth Company The Company is an “emerging growth company,”
as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012, or the JOBS Act. As
such, the Company is eligible to take advantage of certain exemptions from various reporting requirements that are applicable to other
public companies that are not “emerging growth companies” including, but not limited to, not being required to comply with
the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive
compensation in the Company’s periodic reports and proxy statements, and exemptions from the requirements of holding a non-binding
advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. If some investors
find the securities less attractive as a result, there may be a less active trading market for securities and the prices of securities
may be more volatile. In addition, Section 107 of the JOBS Act also
provides that an “emerging growth company” can take advantage of the extended transition period provided in Section 7(a)(2)(B)
of the Securities Act for complying with new or revised accounting standards (that is, an “emerging growth company” can delay
the adoption of certain accounting standards until those standards would otherwise apply to private companies). The Company intends to
take advantage of the benefits of this extended transition period. Additionally, the Company is a “smaller
reporting company” as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced
disclosure obligations, including, among other things, providing only two years of audited financial statements. The Company will remain
a smaller reporting company until the last day of the fiscal year in which (1) the market value of the ordinary shares held by non-affiliates
equals or exceeds $250 million as of the prior June 30, and (2) the annual revenues equaled or exceeded $100 million during such completed
fiscal year or the market value of the ordinary shares held by non-affiliates equals or exceeds $700 million as of the prior June 30. |
