Cyngn Inc. (CYN)

NASDAQ: CYN · Real-Time Price · USD
3.650
-0.100 (-2.66%)
Oct 8, 2024, 1:49 PM EDT - Market open
-2.66%
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]

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

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 ...

14 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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)...

3 months ago - PRNewsWire

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") ...

3 months 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...

4 months 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 months 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...

5 months ago - PRNewsWire

RobotLAB Broadens Warehouse & Manufacturing Catalog With Cyngn Partnership

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

5 months 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...

5 months 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.

5 months 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...

5 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, ...

5 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...

5 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...

5 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...

6 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...

6 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).

6 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...

6 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/...

6 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
6 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...

7 months ago - PRNewsWire