Cyngn Inc. (CYN): auditor change — Cyngn replaces auditor Marcum with CBIZ after resignation; material weakness in internal controls

Cyngn Inc.

Marcum LLP resigned as independent auditor on April 23, 2025; CBIZ CPAs P.C. engaged same day for FY2025.
Marcum's 2023 and 2024 reports included going-concern explanatory paragraph about substantial doubt.
Material weakness in internal controls over financial reporting related to oversight of third parties in financial reporting process.
No disagreements with Marcum on accounting principles or audit scope.
Audit committee and board approved the engagement of CBIZ.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Cyngn Inc. engaged CBIZ CPAs P.C. as its auditor.

Action: engagement
Auditor: CBIZ CPAs P.C.

Exact text from the filing

On April 23, 2025, following the approval of the Audit Committee of the Company’s Board of Directors and the Company’s Board of Directors, CBIZ was engaged, effective immediately, as the Company’s independent registered public accounting firm for the year ending December 31, 2025.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Marcum LLP resigned as auditor of Cyngn Inc..

Action: resignation
Auditor: Marcum LLP

Exact text from the filing

On April 23, 2025, Cyngn Inc. (the “Company”) was notified by Marcum LLP (“Marcum”) that Marcum resigned as the Company’s independent registered accounting firm.

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19 auditor changes filed in the last 30 days. Browse all auditor changes →

Cyngn Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-035576

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