Cyngn Inc. CYN
vehicle ("AV") technology company that is focused on addressing industrial uses for autonomous vehicles. We believe that technological
innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist
today. These challenges include labor shortages, high labor costs, and work safety.
autonomous driving software, DriveMod, onto vehicles manufactured by Original Equipment Manufacturers ("OEM") by integration
Last close
0.39
2026-10-23
Market cap
$5.7M
2026-06-30 share count
52-week range
0.38 - 5.03
Valuation FY2025 figures against the last close
P/S26.0x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-5.17
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $219.0K | $368.1K | $1.5M | $262.0K | — | — | — |
| Cost of revenue | $135.7K | $535.7K | $1.2M | $186.8K | — | — | — |
| Gross profit | $83.2K | -$167.6K | $267.0K | $75.2K | — | — | — |
| R&D | $12.5M | $11.3M | $12.7M | $9.5M | $5.0M | $5.1M | — |
| SG&A | $13.3M | $11.4M | $10.9M | $10.0M | $4.4M | $3.3M | — |
| Total operating expenses | $25.9M | $23.2M | $24.8M | $19.7M | $9.4M | $8.4M | — |
| Operating income | -$25.7M | -$22.8M | -$23.3M | -$19.4M | -$9.4M | -$8.4M | — |
| Interest expense | — | — | $137.9K | $44.1K | $9.6K | $39.8K | — |
| Pre-tax income | -$23.5M | -$33.3M | -$22.8M | -$19.2M | -$7.8M | -$8.3M | — |
| Income tax | — | — | — | $850 | $800 | $800 | — |
| Net income | -$23.5M | -$33.3M | -$22.8M | -$19.2M | -$7.8M | -$8.3M | — |
| EPS, basic | -5.17 | -2,521.41 | -6,528.92 | -0.55 | -1.33 | — | — |
| EPS, diluted | -5.17 | -2,521.41 | -6,528.92 | -0.55 | -1.33 | -8.78 | — |
| Shares, diluted (wtd. avg.) | 4.5M | 13,221 | 3,494 | 34.9M | 5.9M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $990.0K | $23.6M | $3.6M | $10.6M | $22.0M | $6.5M | $13.7M |
| Short-term investments | $33.7M | — | $4.6M | $12.1M | — | — | — |
| Inventory | $2.0M | $150.2K | — | $66.8K | — | — | — |
| Total current assets | $39.8M | $25.6M | $9.5M | $23.8M | $22.5M | $6.5M | — |
| Property, plant and equipment | $3.3M | $2.3M | $1.5M | $884.0K | $102.8K | $133.8K | — |
| Other intangibles | $466.2K | $1.9M | $1.1M | $473.1K | $30.9K | $34.4K | — |
| Total assets | $50.1M | $30.1M | $13.0M | $25.5M | $22.7M | $6.7M | — |
| Accounts payable | $217.4K | $247.8K | $197.0K | $155.9K | $112.3K | $73.0K | — |
| Total current liabilities | $4.8M | $3.4M | $2.1M | $1.4M | $407.4K | $380.4K | — |
| Total liabilities | $11.3M | $31.1M | $2.4M | $1.4M | $407.4K | $1.1M | — |
| Retained earnings | -$216.8M | -$193.4M | -$160.0M | -$135.7M | -$116.5M | -$108.7M | — |
| Total equity | $38.8M | -$1.0M | $10.6M | $24.1M | $22.2M | $5.6M | $13.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$23.6M | -$19.2M | -$19.5M | -$16.3M | -$8.6M | -$7.9M | — |
| Depreciation and amortisation | $1.2M | $669.4K | $961.3K | $604.9K | $85.9K | $159.0K | — |
| Stock-based compensation | $1.6M | $2.4M | $3.2M | $2.9M | $1.1M | $131.7K | — |
| Capital expenditure | $1.2M | $1.1M | $1.0M | $918.3K | — | — | — |
| Investing cash flow | -$34.1M | $2.9M | $6.4M | -$13.3M | -$20.0K | — | — |
| Financing cash flow | $35.1M | $36.3M | $6.1M | $18.2M | $24.2M | $695.7K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-034900.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $262.0K | $1.5M | $368.1K | $219.0K |
| Gross profit | — | — | — | $75.2K | $267.0K | -$167.6K | $83.2K |
| Net income | — | -$8.3M | -$7.8M | -$19.2M | -$22.8M | -$33.3M | -$23.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7371
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ZS | Zscaler, Inc. | $41.60B | — | 25.4% |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CORP | $33.43B | 15.5x | 7.0% |
| VRSN | VERISIGN INC/CA | $27.12B | — | 6.4% |
| EPAM | EPAM Systems, Inc. | $7.03B | 20.3x | 15.4% |
| DOCS | Doximity, Inc. | $6.10B | 34.1x | 13.1% |
| RGTI | Rigetti Computing, Inc. | $3.85B | — | -34.3% |
| IA | INNOVATIVE SOLUTIONS & SUPPORT INC | $351.9M | 22.3x | 78.6% |
| RDNW | RideNow Group, Inc. | $209.4M | — | -10.5% |