Cyngn Inc. (CYN)
Market Cap | 7.40M |
Revenue (ttm) | 79,744 |
Net Income (ttm) | -22.62M |
Shares Out | 2.03M |
EPS (ttm) | -35.32 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 20,250 |
Open | 3.690 |
Previous Close | 3.750 |
Day's Range | 3.610 - 3.786 |
52-Week Range | 2.850 - 59.500 |
Beta | -1.92 |
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. 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
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") ...
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...
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.
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...