Cyngn Inc. (CYN)
| Market Cap | 17.11M |
| Revenue (ttm) | 622,031 |
| Net Income (ttm) | -23.15M |
| Shares Out | 141.54M |
| EPS (ttm) | -0.49 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,342,342 |
| Open | 0.122 |
| Previous Close | 0.117 |
| Day's Range | 0.110 - 0.130 |
| 52-Week Range | 0.067 - 1.373 |
| Beta | -1.81 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 8, 2024 |
About CYN
Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. It develops Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and generating/aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to... [Read more]
Financial Performance
In 2023, Cyngn's revenue was $1.49 million, an increase of 468.44% compared to the previous year's $262,000. Losses were -$22.81 million, 18.6% more than in 2022.
Financial StatementsNews
Cyngn Scales Up Commercialization of Autonomous Vehicle Solutions in First Quarter 2024
Joined John Deere supply base and chosen to deploy DriveMod Tuggers to Dubuque, IA operation. Renewed contract with US Continental , unveiling a study that found Cyngn's autonomous vehicles yielded 4x...
RobotLAB Broadens Warehouse & Manufacturing Catalog With Cyngn Partnership
DALLAS--(BUSINESS WIRE)--Leading robotics integrator RobotLAB announces partnership with Cyngn Inc.
Cyngn Rolls Out its Partnership with RobotLAB, Expanding Distributor Network
The partnership that was announced earlier this year showcased its product catalog at the 2024 Automate Show last week. DALLAS , May 14, 2024 /PRNewswire/ -- RobotLAB, an award-winning robotics integr...
Cyngn Reports First Quarter 2024 Financial Results
MENLO PARK, Calif. , May 8, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its financial results for the fiscal first quarter ended March 31, 2024.
Cyngn Announces Exercise and Closing of Underwriter's Over-Allotment Option
MENLO PARK, Calif. , May 3, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today...
Cyngn Announces Date for First Quarter 2024 Financial Results
MENLO PARK, Calif. , May 1, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its fiscal first quarter 2024 financial results for the period ended March 31, 2024, ...
Aegis Capital Corp. Acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQ:CYN)
NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn Inc., an auto...
Cyngn Announces Closing of $5.0 Million Firm Commitment Public Offering of Common Stock
MENLO PARK, Calif. , April 25, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, to...
Cyngn Announces Pricing of $5.0 Million Firm Commitment Public Offering of Common Stock
MENLO PARK, Calif. , April 23, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, to...
Cyngn Joins John Deere Supply Base
MENLO PARK, Calif. , April 23, 2024 /PRNewswire/ -- Cyngn Inc. ("Cyngn", NASDAQ: CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's operation in Dubuque, Iow...
Business Update from Lior Tal, CEO at Cyngn Inc.
MENLO PARK, Calif. , April, 18, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN).
Cyngn Receives Notice of Allowance for 20th U.S. Patent for its AI-Powered Autonomous Vehicle Solutions
MENLO PARK, Calif. , April 16, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the notice of allowance for a new patent, 17/812,072, for the Company's autonomo...
Cyngn to Present at the AI & Technology Hybrid Investor Conference
Cyngn invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com MENLO PARK, Calif. , April 10, 2024 /PRNewswire/...
Cyngn Deploys with Polaris, Global Powersports Leader
MENLO PARK, Calif., April 9, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced its initial deployment with Polaris Inc. ("Polaris), a Fortune 500 industry leade...
Cyngn Completes Initial DriveMod Tugger Deployment with Rivian
MENLO PARK, Calif. , March 19, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications today announ...
RobotLAB Orders Initial Fleet of 10 DriveMod Tuggers, Joins Cyngn Distributor Network
MENLO PARK, Calif. , March 14, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its strategic partnership with RobotLAB , a premier robotics integrator that has...
Cyngn Reveals First Footage of AI-Powered Autonomous Motrec Tugger
https://vimeo.com/cyngn/motrec-90-seconds?share=copy MENLO PARK, Calif. , March 11, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) is excited to share the first-ever video ...
Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results
MENLO PARK, Calif., March 6, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its financial results for the fourth quarter and year ending on December 31, 2023.
Cyngn to Attend MODEX 2024 with Motrec, Showcasing DriveMod Tugger
Cyngn will be exhibiting at booth A13913, located in the Transportation and Logistics Solution Center in Hall A. MENLO PARK, Calif.
Cyngn Announces Date for 2023 Fourth Quarter and Year-End Financial Results
MENLO PARK, Calif. , Feb. 27, 2024 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2023 fourth quarter and year-end financial results for the period ended Decemb...
Customer Renews Contract as Cyngn's Autonomous Vehicles Yield 4x Efficiency Gain
MENLO PARK, Calif. , Feb. 22, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced results from its customer deployment with U.S. Continental ("USC").
Cyngn Granted Extension for Continued Listing on Nasdaq
MENLO PARK, Calif. , Feb. 21, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced it has received an additional 180-day extension from Nasdaq to continue its list...
Cyngn to Present at the Singular Research's Emerging Growth & Value Alpha Leaders Webinar
MENLO PARK, Calif. , Feb. 8, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will present at the upcoming Singular Research's Emerging Growth & Value A...
Cyngn Releases Hands-Off Automatic Unhitching Capabilities for Industrial Autonomous Vehicles
MENLO PARK, Calif. , Feb. 7, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), has announced the release of its Auto-unhitch capability, a hands-off solution for our industrial...
Cyngn Granted 19th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies
Cyngn has been granted 16 patents in 2023, bringing the total US patents granted to 19 MENLO PARK, Calif. , Jan. 29, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a develop...