---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-020442"
form_type: "8-K"
ticker: "CYN"
cik: "0001874097"
company_name: "Cyngn Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:59:37.961768+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cyngn reports FY2023 revenue $1.5M, up from $262K; net loss widens to $(22.8)M

## Summary
- FY2023 revenue $1.5M (vs $262K in 2022); net loss $(22.8)M ($(0.57)/share) vs $(19.2)M ($(0.55)/share).
- Q4 revenue $40.4K (vs $262K in Q4 2022); net loss $(5.4)M ($(0.12)/share) vs $(5.5)M ($(0.15)/share).
- Cash and short-term investments fell to $8.2M from $22.6M; no debt.
- Closed $5.0M public offering of common stock; Nasdaq granted extension for continued listing.
- U.S. Continental contract renewed with 4x efficiency gains; 19 U.S. patents granted.

## SEC filing metadata
- accession: 0001213900-24-020442
- form_type: 8-K
- ticker: CYN
- cik: 0001874097
- company_name: Cyngn Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874097/000121390024020442/0001213900-24-020442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874097/000121390024020442/ea0201291-8k_cyngninc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-020442
- JSON: https://secwatch.observer/filing/0001213900-24-020442.json
- Plain text: https://secwatch.observer/filing/0001213900-24-020442.txt

## Key facts
- Earnings Releases
  Cyngn Inc. reported financial results for fourth quarter and fiscal year ended December 31, 2023.
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On March 6, 2024, Cyngn Inc. issued a press release announcing its financial results for its fourth fiscal quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874097/000121390024020442/0001213900-24-020442-index.htm

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