Cyngn Inc. (CYN)
Market Cap | 1.14M |
Revenue (ttm) | 102,118 |
Net Income (ttm) | -22.57M |
Shares Out | 2.43M |
EPS (ttm) | -21.89 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 27,343,323 |
Open | 0.370 |
Previous Close | 1.610 |
Day's Range | 0.351 - 0.489 |
52-Week Range | 0.351 - 31.500 |
Beta | -1.48 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 6, 2024 |
About CYN
Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company 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. It also develops Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a s... [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 Announces Pricing of $20.0 Million Follow On Offering Priced At-the-Market
MENLO PARK, Calif. , Dec. 20, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, tod...
Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ: CYN)
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn develops ...
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing
Cyngn has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. MENLO PARK, Calif.
Cyngn Reports Third Quarter 2024 Financial Results
Recent Operating Highlights: Executed its first paid DriveMod Forklift Deployment . Signed a commercial contract with a major automotive service equipment manufacturer.
Cyngn Hires Experienced Industrial Automation VP of Sales, Marty Petraitis, to Accelerate Revenue
MENLO PARK, Calif. , Nov. 4, 2024 /PRNewswire/ -- Today, Cyngn Inc. (Nasdaq: CYN) announced that Marty Petraitis is joining Cyngn as Vice President of Sales.
Cyngn Successfully Completes Initial Deployment of DriveMod Tugger with Major Defense Contractor
MENLO PARK, Calif. , Nov. 1, 2024 /PRNewswire/ -- Today, Cyngn Inc. (Nasdaq: CYN) announced that it successfully deployed its DriveMod Tugger at a defense contractor's facility.
Cyngn Executes Letter of Intent to Sell Multiple DriveMod Tuggers to Major Automotive Supplier
MENLO PARK, Calif. , Oct. 31, 2024 /PRNewswire/ -- Today, Cyngn announced that it has received a signed Letter of Intent (LOI) from a major automotive supplier to sell and deploy multiple DriveMod Tug...
Cyngn Announces Date for Third Quarter 2024 Financial Results and Withdrawal of Reg A Filing
Cyngn will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024 and has withdrawn its Reg A Filing. MENLO PARK, Calif.
Kennedy Robotics AI Joins Cyngn's Dealer Network and Will Begin Selling DriveMod Tuggers
MENLO PARK, Calif. , Oct. 25, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Kennedy Robotics AI, a provider of innovative autonomous robo...
Cyngn's Drive for Commercialization and Technical Innovation Continues
In recent weeks, Cyngn — Executed its first paid DriveMod Forklift Deployment. Started deploying its next-gen 12,000 lb.
Cyngn Completes First Paid DriveMod Forklift Deployment at Customer Facility
MENLO PARK, Calif. , Oct. 21 ,2024 /PRNewswire/ -- Today, Cyngn announced that its autonomous DriveMod Forklift has completed its first paid autonomous deployment at a customer facility, marking an im...
Cyngn's Next-Gen 12,000 lb. DriveMod Tugger Deploying With Customers, Including Commercial Contract With Major Automotive Equipment Manufacturer
MENLO PARK, Calif. , Oct. 17, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a commercial deployment of its next-generation DriveMod Tugger , featuring a rece...
Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving
Since August 2023, Cyngn has been granted eleven additional patents, bringing the total U.S. patents granted to 21. Patent 21 enhances Cyngn's autonomous vehicles' capability to make informed decision...
Cyngn Announces Raymond West, a Leading Dealer with $800M+ in Annual Sales, Will Begin Selling DriveMod Tuggers
MENLO PARK, Calif. , Oct. 15, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Raymond West.
Next-Gen 12,000 lb DriveMod Tugger Built at Motrec Facility To Prepare For Customer Orders
MENLO PARK, Calif. , Sept. 24, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) Cyngn today announced the first build of the next-generation 12,000 lb DriveMod Tugger has been ...
Cyngn Expanding DriveMod Capabilities to Outdoor Operations In Response to Increased Demand
MENLO PARK, Calif. , Sept. 10, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that its AI-powered autonomous driving solution, DriveMod, will be able to opera...
Cyngn Secures its 20th U.S. Patent: Adaptive Motion Compensation of Perception Channels
MENLO PARK, Calif. , Sept. 4, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the official granting of a new patent, U.S. Patent No.
Cyngn Reports Second Quarter 2024 Financial Results
Recent Operating Highlights: Joined John Deere supply base Rolled out partnership with RobotLAB, adding the autonomous DriveMod Tugger vehicles to its portfolio of 200+ robots Received a notice of all...
Cyngn Regains Nasdaq Compliance and Confirms No Increase in Authorized Shares
MENLO PARK, Calif. , July 22, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) (or the "Company") announced today that it has received a notice from Nasdaq confirming that the Company has regained compli...
With more than $1bn in annual sales, Alta Equipment Group joins Cyngn's Dealer Network
MENLO PARK, Calif. , July 11, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Alta Equipment Group.
Cyngn Receives Notice of Allowance for 21st U.S. Patent for its Adaptive Object-based Decision Making System
MENLO PARK, Calif. , July 9, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the notice of allowance for a new patent for the Company's autonomous vehicle (AV)...
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") ...
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...
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.