{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-107677","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.941495+00:00","generated_at":"2026-05-16T23:09:04.274961+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cyngn restates 2024 FY and Q1/Q2 2025 financials due to warrant accounting error; warrant liability increased $12.7M","bullets":["Restatement due to error in accounting for Series A and B Warrants issued in Dec 2024; warrant liability increased by $12.7M, equity decreased by $12.7M.","Estimated loss on warrant issuance of $2.3M and offering costs of $1.7M; no impact on total cash, revenue, or operating performance.","Material weakness in internal control over financial reporting identified; remediation plan involves hiring third-party expert, expected by Q1 2026.","Prior financial statements for FY2024, Q1 and Q2 2025 should no longer be relied upon; amended 10-K and restated Q3 2025 10-Q to be filed."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-107677","json":"https://secwatch.observer/filing/0001213900-25-107677.json","markdown":"https://secwatch.observer/filing/0001213900-25-107677.md","text":"https://secwatch.observer/filing/0001213900-25-107677.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390025107677/0001213900-25-107677-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390025107677/ea0264618-8k_cyngn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:09:04.274961+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}