| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 434.84K | 368.14K | 1.49M | 262.00K | 0.00 | 0.00 |
| Gross Profit | -929.00 | -167.57K | 267.00K | 75.18K | -85.86K | -159.04K |
| EBITDA | -21.29M | -22.16M | -22.38M | -18.80M | -9.31M | -8.21M |
| Net Income | -30.50M | -29.25M | -22.81M | -19.24M | -7.80M | -8.34M |
Balance Sheet | ||||||
| Total Assets | 56.18M | 30.10M | 13.03M | 25.51M | 22.65M | 6.67M |
| Cash, Cash Equivalents and Short-Term Investments | 39.23M | 23.62M | 8.15M | 22.60M | 21.95M | 6.06M |
| Total Debt | 6.62M | 317.34K | 1.00M | 376.62K | 11.68K | 695.08K |
| Total Liabilities | 9.42M | 18.50M | 2.40M | 1.39M | 407.43K | 1.08M |
| Stockholders Equity | 46.76M | 11.59M | 10.64M | 24.12M | 22.25M | 5.60M |
Cash Flow | ||||||
| Free Cash Flow | -18.26M | -10.54M | -21.24M | -17.67M | -8.70M | -7.92M |
| Operating Cash Flow | -17.06M | -9.49M | -19.48M | -16.30M | -8.64M | -7.92M |
| Investing Cash Flow | -9.16M | 2.94M | 6.36M | -13.35M | -20.02K | 0.00 |
| Financing Cash Flow | 51.63M | 26.58M | 6.12M | 18.24M | 24.20M | 695.70K |
Cyngn Inc. has announced the rescheduling of its 2025 Annual Meeting, initially set for October 6, 2025, to December 3, 2025. This change affects the deadlines for shareholder proposals and nominations, which must now be submitted within four days of the announcement, adhering to the Securities Exchange Act of 1934 and the company’s bylaws.
The most recent analyst rating on (CYN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Cyngn stock, see the CYN Stock Forecast page.
On August 19, 2025, Cyngn Inc. announced the cancellation of its 2025 annual meeting of stockholders, initially scheduled for October 6, 2025. The company plans to reschedule the meeting and will file a new proxy statement with the Securities and Exchange Commission, indicating a shift in its operational timeline.
The most recent analyst rating on (CYN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Cyngn stock, see the CYN Stock Forecast page.
On September 5, 2025, Cyngn Inc. entered into an At-The-Market Issuance Sales Agreement with Aegis Capital Corp., allowing the company to sell up to $100 million of its common stock through market offerings. This agreement provides flexibility for Cyngn to raise capital by selling shares at prevailing market prices, with Aegis Capital Corp. acting as the sales agent and receiving a commission of up to 3% of the gross proceeds. The agreement includes indemnification clauses and can be terminated by either party.
The most recent analyst rating on (CYN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Cyngn stock, see the CYN Stock Forecast page.
Cyngn Inc. has appointed Natalie Russell as its new Chief Financial Officer, effective August 12, 2025. Russell, who joined Cyngn in March 2023 as Director of Accounting, has a robust background in technical accounting and financial reporting, having worked at SOAProjects, Inc. and Ernst & Young. Her appointment is seen as a strategic move to bolster the company’s financial leadership as it continues to pursue growth in the industrial autonomous vehicle sector. The company has also entered into a Severance and Change of Control Agreement with Russell, outlining terms for her compensation and benefits in various employment termination scenarios.
Cyngn Inc. is a company specializing in the development and deployment of autonomous vehicle technology for industrial sectors, including manufacturing and logistics, offering solutions to address labor shortages and safety challenges.