Cyngn Inc. (CYN)

NASDAQ: CYN · IEX Real-Time Price · USD
0.114
-0.007 (-5.79%)
At close: Apr 23, 2024, 4:00 PM
0.127
+0.013 (11.05%)
Pre-market: Apr 24, 2024, 5:00 AM EDT
-5.79%
Market Cap 9.38M
Revenue (ttm) 1.49M
Net Income (ttm) -22.81M
Shares Out 82.29M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 323,262,937
Open 0.224
Previous Close 0.121
Day's Range 0.103 - 0.259
52-Week Range 0.100 - 1.373
Beta -2.03
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]

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 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...

14 hours 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...

22 hours 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).

5 days 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...

7 days 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/...

13 days 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
14 days 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...

5 weeks 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...

5 weeks 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 ...

6 weeks 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.

6 weeks 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.

7 weeks 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...

2 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").

2 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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

Cyngn ($CYN) to Leverage Nvidia ($NVDA) AI Computers for DriveMod Autonomous Industrial Vehicles

Cyngn (NASDAQ: CYN), a developer of AI-driven self-driving industrial solutions, has announced a strategic shift towards Nvidia (NASDAQ: NVDA) AI computers for its fleet of DriveMod autonomous industr...

Other symbols: NVDA
3 months ago - Green Stock News

Cyngn's Next-Gen DriveMod Kit Will Harness Nvidia AI Computers

MENLO PARK, Calif. , Jan. 25, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a strategic shift to Nvidia AI computers that will revolutionize the technology p...

3 months ago - PRNewsWire

Cyngn Increases Commercialization of AI-Powered Autonomous Vehicle Solutions in 2023

Paid pre-order agreement from Arauco  for 100 DriveMod Forklifts, potentially represents up to $5 million per year in recurring revenue. Valuable deployment with US Continental , a California-based ma...

Other symbols: NVDA
3 months ago - PRNewsWire

Cyngn to Present at the Sequire Investor Summit in Puerto Rico

MENLO PARK, Calif. , Jan. 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

Cyngn Secures its 18th U.S. Patent in Adaptive Traffic Rule-Based Decision Making for Autonomous Driving

Since August 2023, Cyngn has been granted eight additional patents, bringing the total U.S. patents granted to 18. MENLO PARK, Calif.

3 months ago - PRNewsWire

Aegis Capital Corp. Acted as Exclusive Placement Agent on a $5.0 Million Public Offering of Common Stock for Cyngn Inc. (NASDAQ:CYN)

NEW YORK, NY / ACCESSWIRE / December 12, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.0 Million Public Offering of Common Stock for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. C...

4 months ago - Accesswire

Cyngn Closes $5.0 Million Public Offering of Common Stock

MENLO PARK, Calif. , Dec. 12, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, tod...

4 months ago - PRNewsWire

Cyngn Announces Pricing of $5.0 Million Public Offering of Common Stock

MENLO PARK, Calif. , Dec. 8, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, toda...

4 months ago - PRNewsWire