---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065019"
form_type: "8-K"
ticker: "CYN"
cik: "0001874097"
company_name: "Cyngn Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:33:32.648443+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cyngn Q2 revenue $0.6M vs zero YoY; net loss $6.4M, EPS -$0.19

## Summary
- Revenue of $0.6M from NRE contracts for forklift and heavy-vehicle autonomy; no revenue in Q2 2022.
- Net loss $6.4M ($0.19/share) vs $4.6M ($0.15/share) a year ago; costs rose to $7.0M on higher headcount and marketing.
- Unrestricted cash and short-term investments $12.1M; working capital $11.6M vs $22.4M at year-end 2022.
- Pre-order for 100 autonomous DriveMod Forklifts from Arauco; new stockchaser deployment with Fortune 100 manufacturer.

## SEC filing metadata
- accession: 0001213900-23-065019
- form_type: 8-K
- ticker: CYN
- cik: 0001874097
- company_name: Cyngn Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874097/000121390023065019/0001213900-23-065019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874097/000121390023065019/ea183155-8k_cyngn.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065019
- JSON: https://secwatch.observer/filing/0001213900-23-065019.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065019.txt

## Key facts
- Earnings Releases
  Cyngn Inc. reported fiscal second quarter ended June 30, 2023 results: revenue $0.6 million, net income $6.4 million, EPS $0.19.
  - Period: fiscal second quarter ended June 30, 2023
  - Revenue: $0.6 million
  - Net income: $6.4 million
  - EPS: $0.19
  - Result: reported results
  source text: AUGUST 9, 2023) --- EX-99.1 2 ea183155ex99-1_cyngn.htm PRESS RELEASE DATED AUGUST 9, 2023 Exhibit 99.1 Cyngn Reports Second Quarter 2023 Financial Results Quarterly revenue of $0.6 million following successful achievement of milestones on autonomous vehicle development contracts MENLO PARK, Calif., August 9, 2023 — Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQ:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874097/000121390023065019/0001213900-23-065019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.