{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-041342","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.045412+00:00","generated_at":"2026-06-02T07:11:43.237686+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cyngn Q1 revenue plummets to $5.5k; net loss $6.0M; cash burns down to $4.8M","bullets":["Q1 revenue of $5.5k (down from $872.8k YoY); net loss $6.0M vs $5.6M loss in Q1 2023.","Diluted EPS loss $0.08 (77.1M shares) vs $0.15 loss (37.7M shares) in Q1 2023.","Cash & short-term investments $4.8M (3/31/24) vs $8.2M (12/31/23); no debt.","Post-quarter $5.2M public offering raised net $4.6M; pro-forma cash $9.4M.","Operating milestones: joined John Deere supply base, initial Rivian deployment, RobotLAB distributor."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-041342","json":"https://secwatch.observer/filing/0001213900-24-041342.json","markdown":"https://secwatch.observer/filing/0001213900-24-041342.md","text":"https://secwatch.observer/filing/0001213900-24-041342.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024041342/0001213900-24-041342-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024041342/ea0205690-8k_cyngninc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:11:43.237686+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":"3eb008929c4c572a7d91b9e24650ac730d0fc207","claim":"Cyngn Inc. reported fiscal first quarter ended March 31, 2024 results: revenue $5.5 thousand, net income $(6.0) million, EPS $(0.08).","evidence_excerpt":"our customer acquisition costs and enables us to convert more customers to advanced sales discussions.” Q1 2024 Financial Review: ● First quarter revenue was $5.5 thousand compared to $872.8 thousand in the first quarter of 2023. First quarter 2024 revenue consisted of EAS software subscriptions from DriveMod Stock chaser vehicle deployments","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024041342/0001213900-24-041342-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended March 31, 2024"},{"label":"Revenue","value":"$5.5 thousand"},{"label":"Net income","value":"$(6.0) million"},{"label":"EPS","value":"$(0.08)"},{"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"}