Cyngn Inc. (CYN)

NASDAQ: CYN · IEX Real-Time Price · USD
0.0512
-0.0201 (-28.19%)
At close: Jul 2, 2024, 4:00 PM
0.0511
-0.0001 (-0.20%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-28.19%
Market Cap 7.25M
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 36,461,683
Open 0.0570
Previous Close 0.0713
Day's Range 0.0500 - 0.0570
52-Week Range 0.0500 - 1.2900
Beta -1.85
Analysts n/a
Price Target n/a
Earnings Date Aug 7, 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]

Sector Technology
IPO Date Oct 20, 2021
Employees 81
Stock Exchange NASDAQ
Ticker Symbol CYN
Full Company Profile

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 Statements

News

Cyngn Announces Reverse Stock Split

MENLO PARK, Calif. , July 2, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-100 reverse stock split ("Reverse Stock Split") ...

16 hours ago - PRNewsWire

Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing

MENLO PARK, Calif. , June 12, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDI...

20 days ago - PRNewsWire

Shareholder Letter from Lior Tal, CEO at Cyngn Inc.

MENLO PARK, Calif. , May 31, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) issued a letter from the CEO — Dear Cyngn Shareholders: As most of you are aware, our annual share...

4 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

RobotLAB Broadens Warehouse & Manufacturing Catalog With Cyngn Partnership

DALLAS--(BUSINESS WIRE)--Leading robotics integrator RobotLAB announces partnership with Cyngn Inc.

7 weeks ago - Business Wire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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, ...

2 months ago - PRNewsWire

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...

2 months ago - Accesswire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

Business Update from Lior Tal, CEO at Cyngn Inc.

MENLO PARK, Calif. , April, 18, 2024 /PRNewswire/ --  Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN).

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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/...

2 months ago - 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...

Other symbols: PII
3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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").

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire