Cyngn Inc. (CYN)

NASDAQ: CYN · Real-Time Price · USD
4.965
-0.015 (-0.30%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.30%
Market Cap 8.70M
Revenue (ttm) 368,138
Net Income (ttm) -29.25M
Shares Out 1.75M
EPS (ttm) -2,212.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 55,143
Open 4.850
Previous Close 4.980
Day's Range 4.820 - 5.190
52-Week Range 3.620 - 3,885.000
Beta -1.10
Analysts n/a
Price Target n/a
Earnings Date Mar 5, 2025

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; and 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 continuously enhance algorithms and models,... [Read more]

Sector Technology
IPO Date Oct 20, 2021
Employees 58
Stock Exchange NASDAQ
Ticker Symbol CYN
Full Company Profile

Financial Performance

In 2024, Cyngn's revenue was $368,138, a decrease of -75.28% compared to the previous year's $1.49 million. Losses were -$29.25 million, 28.2% more than in 2023.

Financial Statements

News

Cyngn Regains Nasdaq Compliance

MENLO PARK, Calif. , March 13, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) (or the "Company") announced today that it has received a notice from Nasdaq confirming that the Company has regained compl...

12 days ago - PRNewsWire

Cyngn Signs Contract to Deploy DriveMod Tugger at Another Major Automotive Supplier

MENLO PARK, Calif. , March 11, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it will be deploying its DriveMod Tugger  at a global Fortune 500 automotive supplier.

14 days ago - PRNewsWire

Cyngn Reports 2024 Fourth Quarter and Year-End Financial Results

Recent Operating Highlights: Cyngn received approximately $1.3M of new bookings for DriveMod vehicles from direct sales during Q4-2024 Cyngn Signed Contract to Deploy DriveMod Tugger at a Major Consum...

20 days ago - PRNewsWire

Cyngn Announces Date for 2024 Fourth Quarter and Year-End Financial Results

MENLO PARK, Calif. , Feb. 26, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2024 fourth quarter and year-end financial results for the period ended Decemb...

27 days ago - PRNewsWire

Cyngn Deploys Autonomous DriveMod Vehicles Across Multiple Industries

Deployments of Cyngn's DriveMod Tugger and Forklift have now included four key sectors: Manufacturing, Consumer Packaged Goods, Logistics, and Defense Use cases are diverse and highlight adaptability,...

4 weeks ago - PRNewsWire

Cyngn Announces Reverse Stock Split

MENLO PARK, Calif. , Feb. 13, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-150 reverse stock split ("Reverse Stock Split")...

5 weeks ago - PRNewsWire

Cyngn Clears All Outstanding Cashless Warrants from December Capital Raise

MENLO PARK, Calif. , Feb. 12, 2025 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ: CYN) announced that all outstanding Series B cashless warrants have been fully exercised.

5 weeks ago - PRNewsWire

Cyngn Signs Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods Company

MENLO PARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger  at a major Consumer Packaged Goods (CPG) distribution company.

2 months ago - PRNewsWire

Cyngn Continues Momentum in Automotive Sector with Several DriveMod Tugger Deployments at Major Automotive Brands

MENLO PARK, Calif. , Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector.

2 months ago - PRNewsWire

Cyngn Initiates Production Deployment with COATS, a Major North American Automotive Service Equipment Manufacturer

MENLO PARK, Calif. , Jan. 16, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the initiation of a production deployment with COATS Company , the largest full-l...

2 months ago - PRNewsWire

Cyngn Raises $33m in December to Scale Customer Deployments and Fuel Its Growth

Cyngn enters the year with strong momentum, leveraging its latest financing to scale production and deployment of DriveMod Tuggers and advance commercial release of DriveMod Forklifts. MENLO PARK, Cal...

2 months ago - PRNewsWire

Cyngn Inc. Announces Closing of $9.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

MENLO PARK, Calif. , Dec. 31, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, tod...

3 months ago - PRNewsWire

Cyngn Inc. Announces Pricing of $9.0 Million Registered Direct Offering Priced At-The-Market

MENLO PARK, Calif. , Dec. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, tod...

3 months ago - PRNewsWire

Cyngn Announces Closing of $20.0 Million Follow On Offering Priced At-the-Market

MENLO PARK, Calif. , Dec. 23, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, tod...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

4 months ago - Accesswire

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.

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire