{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-038123","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.416603+00:00","generated_at":"2026-06-15T07:11:37.179432+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cyngn Q1 revenue $0.9M; net loss widens to $5.6M, cash burn continues","bullets":["Q1 revenue $0.9M (vs $0 YoY) from two multi-phase NRE contracts for forklifts and mining vehicles.","Net loss $5.6M ($0.17 loss per share) vs $3.8M ($0.14 loss) YoY; operating expenses rose to $6.7M.","Cash and short-term investments $17.0M at Mar 31, 2023, down from $22.6M at Dec 31, 2022.","Commercial deployment of autonomous stockchasers at U.S. Continental; Phase 2 of mining project completed.","Hired Chris Wright as Head of Sales and Felix Singh as VP of Engineering Services; EAS v9.0 released."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-038123","json":"https://secwatch.observer/filing/0001213900-23-038123.json","markdown":"https://secwatch.observer/filing/0001213900-23-038123.md","text":"https://secwatch.observer/filing/0001213900-23-038123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023038123/0001213900-23-038123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023038123/ea178255-8k_cyngn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:11:37.179432+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52fbc40999bba740eb27afe590db03338a6980f7","claim":"Cyngn Inc. reported the fiscal first quarter ended March 31, 2023 results: revenue $0.9 million, net income $5.6 million, EPS $0.17.","evidence_excerpt":"Cyngn Reports First Quarter 2023 Financial Results Quarterly revenue of $0.9 million from autonomous vehicle development contracts MENLO PARK, Calif., May 10, 2023 — Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the fiscal first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023038123/0001213900-23-038123-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended March 31, 2023"},{"label":"Revenue","value":"$0.9 million"},{"label":"Net income","value":"$5.6 million"},{"label":"EPS","value":"$0.17"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}