Source-grounded facts extracted from Cyngn Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Cyngn Inc. reported first fiscal quarter ended March 31, 2026 results: revenue $105 thousand, net income $(6.5) million, EPS $(0.59).
“Cyngn to pursue larger enterprise opportunities while deepening expansion within its existing customer base. Q1 2026 Three Month Financial Review: Revenue in Q1 2026 was $105 thousand compared to $47 thousand in the first quarter of 2025. Similar to prior year, first quarter of 2026 revenue consisted of EAS software subscriptions from DriveMod tugger vehicle”
Cyngn Inc. engaged Baker Tilly US, LLP as its auditor.
“approved the proposed appointment of Baker Tilly US, LLP (“Baker Tilly”) as the Company’s independent registered public accounting firm”
Cyngn Inc. dismissed CBIZ CPAs P.C. as its auditor.
“dismissing the Company’s previous independent public accounting firm, CBIZ CPAs P.C.”
Cyngn Inc. reported FY 2025 results: net income 23.5 million, EPS 5.17.
“Revenue in 2025 was $219 thousand compared to $368 thousand in 2024.”
Cyngn Inc. reported Q4 2025 results: net income 5.7 million, EPS 0.78.
“Fourth quarter of 2025 revenue was $68.1 thousand compared to $306.4 thousand in the fourth quarter of 2024.”
Cyngn Inc. entered into Placement Agent Agreement with Aegis Capital Corp. valued at Placement agent fee of 7% of aggregate gross proceeds raised, plus reimbursement of certain expenses (effective 2026-03-16).
“In connection with the Offering, the Company entered into a Placement Agent Agreement (the “Placement Agent Agreement”) with Aegis Capital Corp. (the “Placement Agent”), as the exclusive placement agent in connection with the Offering. As compensation to the Placement Agent, the Company paid the Placement Agent a cash fee of 7% of the aggregate gross proceeds raised in the Offering and reimbursed certain expenses of the Placement Agent.”
Cyngn Inc. entered into Securities Purchase Agreement with Investors named on the signature page valued at Sale of 1,686,788 shares of common stock at $1.93 per share and 3,313,212 pre-funded warrants at $1. (effective 2026-03-16).
“On March 16, 2026, Cyngn Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with the investors named on the signature page thereto, pursuant to which the Company agreed to sell and issue, in a registered direct offering (the “Offering”), 1,686,788 shares (the “Shares”) of its common stock, par value $0.00001 per share (“Common Stock”), at a purchase price of $1.93 per share and 3,313,212 pre-funded warrants (the “Pre-Funded Warrants”) to purchase shares of Common Stock, at a purchase price of $1.92999 per Pre-Funded Warrant.”
Cyngn Inc.: Amended and restated Bylaws to add director-qualification framework, refine advance-notice director nomination mechanics, and clarify authority for remote stockholder meetings (effective 2026-01-27).
“On and effective January 27, 2026, by unanimous consent the Board of Directors (the “Board”) of Cyngn, Inc. (the “Company”) amended and restated the Bylaws of the Company (the “Amended Bylaws”).”
Natalie Russell was appointed as Interim Chief Financial Officer at Cyngn Inc..
“As previously disclosed, effective June 6, 2025, Natalie Russell, the Company’s Director of Accounting, will serve as the Company’s Interim Chief Financial Officer.”
Donald Alvarez departed as Chief Financial Officer at Cyngn Inc..
“Effective June 6, 2025, Donald Alvarez stepped down as a member of the board of directors (the “Board”) and Chief Financial Officer of Cyngn Inc. (the “Company”).”
Cyngn Inc. engaged CBIZ CPAs P.C. as its auditor.
“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.”
Marcum LLP resigned as auditor of Cyngn Inc..
“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.”
Cyngn Inc.: Cyngn Inc. filed a Certificate of Amendment to effect a 1-for-150 reverse stock split of its common stock (effective 2025-02-18).
“On January 30, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-150 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split.”
Cyngn Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).
“February 6, 2025, Cyngn Inc., a Delaware corporation (the “Company”) received a letter (the “Minimum Bid Price Deficiency Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) which requires listed companies to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Minimum Bid Price Requirement. However, pursuant to Listing”
Cyngn Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“February 6, 2025, Cyngn Inc., a Delaware corporation (the “Company”) received a letter (the “Minimum Bid Price Deficiency Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (”
Cyngn Inc.: Amended bylaws to reduce quorum requirement from a majority to one-third of voting power for stockholder meetings (effective 2024-05-07).
“On May 7, 2024, Cyngn Inc. (the “Company”) amended its Amended and Restated Bylaws (the “Amended Bylaws”), for the purpose of reducing the quorum required to hold meetings of the stockholders of the Company (the “Quorum Requirement”).”
Cyngn Inc. reported fiscal first quarter ended March 31, 2024 results: revenue $5.5 thousand, net income $(6.0) million, EPS $(0.08).
“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”
Cyngn Inc. entered into Underwriting Agreement with Aegis Capital Corp. valued at $5 million (effective 2024-04-23).
“On April 23, 2024, Cyngn Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Aegis Capital Corp. (the “Underwriter”), in connection with a firm commitment underwritten public offering”
Cyngn Inc. reported financial results for fourth quarter and fiscal year ended December 31, 2023.
“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.”
Cyngn Inc. entered into Placement Agent Agreement with Aegis Capital Corp. valued at $5 million (effective 2023-12-08).
“On December 8, 2023, Cyngn Inc. (the “Company”) entered into a Placement Agent Agreement (the “PA Agreement”) with Aegis Capital Corp. (“ Aegis ”), pursuant to which Aegis acted as the Company’s placement agent, on a reasonable best efforts basis, in connection with the sale by the Company of an aggregate of 11,466,733 shares of common stock (the “Shares”) and pre-funded warrants to purchase up to 21,866,600 shares of common stock (the “Pre-funded Warrants”), in a public offering at a purchase price of $0.15 per Share or $0.14999 per Pre-Funded Warrant.”
Cyngn Inc.: Increased authorized common stock from 100,000,000 to 200,000,000 shares (effective 2023-11-09).
“On November 9, 2023, the Company filed a Certificate of Amendment to the Fifth Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) reflecting an increase in the Company’s authorized shares of common stock from 100,000,000 to 200,000,000.”
Cyngn Inc. shareholders approved Ratification of appointment of Marcum LLP as the independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-11-07 meeting.
“4. Ratification of appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023: Votes For Votes Against Votes Abstained 22,384,242 74,762 128,396”
Cyngn Inc. shareholders approved Amendment to the Company's 2021 Equity Incentive Plan to increase shares authorized for issuance by 5,000,000 and amend evergreen clause at the 2023-11-07 meeting.
“3. 2021 Equity Incentive Plan Amendment: Votes For Votes Against Votes Abstained Broker Non-Votes 17,666,642 1,076,936 23,078 3,830,744”
Cyngn Inc. shareholders approved Increase in the Number of Shares of Authorized Common Stock from 100,000,000 to 200,000,000 at the 2023-11-07 meeting.
“2. Increase in the Number of Shares of Authorized Common Stock: Votes For Votes Against Votes Abstained 21,340,575 1,217,182 29,643”
Cyngn Inc. shareholders approved Election of Class II Directors at the 2023-11-07 meeting.
“1. Election of Class II Directors: Name Votes For Votes Withheld Broker Non-Votes Karen Macleod 18,183,426 583,230 3,830,744 James McDonnell 18,052,871 713,785 3,830,744”
Cyngn Inc. reported the fiscal third quarter ended September 30, 2023 results: revenue $25.2 thousand, net income $(5.5) million, EPS $(0.14).
“Additionally, our recent dealer network launch will further expand our customer base as we scale deployments in 2024.” Q3 2023 Financial Review: ● Third quarter revenue was $25.2 thousand compared to no revenues in the third quarter of 2022. Third quarter revenue was derived for the first time from EAS software subscriptions from DriveMod Stock chaser vehicle”
Cyngn Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“August 24, 2023, Cyngn Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect o”
Cyngn Inc. reported fiscal second quarter ended June 30, 2023 results: revenue $0.6 million, net income $6.4 million, EPS $0.19.
“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:”
Cyngn Inc. entered into ATM Sales Agreement with Virtu Americas LLC valued at Up to $8,773,970 aggregate offering price of common stock (effective 2023-05-31).
“On May 31, 2023, Cyngn Inc. (the “Company”) entered into an ATM Sales Agreement (the “Sales Agreement”) with Virtu Americas LLC (the “Agent”), under which the Company may, from time to time, sell shares of the Company’s common stock having an aggregate offering price of up to $8,773,970 in “at the market” offerings through or to the Agent, as sales agent or principal.”
Cyngn Inc. reported the fiscal first quarter ended March 31, 2023 results: revenue $0.9 million, net income $5.6 million, EPS $0.17.
“Cyngn Reports First Quarter 2023 Financial Results Quarterly revenue of $0.9 million from autonomous vehicle development contracts MENLO PARK, Calif., May 10, 2023 — Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the fiscal first quarter ended March 31, 2023.”
Cyngn Inc. reported fiscal year ended December 31, 2022 results: revenue $262 thousand, net income $19.2 million net loss, EPS $0.62 net loss per share.
“● Full-year revenue was $262 thousand compared to zero revenue in 2021 primarily as a result of the NRE contracts mentioned above. Total operating expenses in 2022 were $19.5 million, an increase of $10.1 million from $9.4 million for the fiscal year 2021. The increase was due to higher G&A and R&D expenses for the reasons outlined above. ● Net loss for the fiscal year in 2022 was $19.2 million compared to $7.8 million in the prior year. Net loss per share on a basic and diluted basis was $0.62 based on a weighted average of 31.2 million shares for the year ended December 31,2022. Net loss per share in 2021 was $1.33 based on a weighted average of 5.9 million shares.”
Cyngn Inc. reported fourth fiscal quarter ended December 31, 2022 results: revenue $262 thousand, net income $5.5 million net loss, EPS $0.16 net loss per share.
“● Revenue was $262 thousand for the quarter compared to zero revenue in the fourth quarter of 2021. This revenue was primarily related to multi-phase non-recurring engineering (“NRE”) development contracts. Total operating expenses in the fourth quarter were $5.8 million, up $2.2 million from $3.6 million in the prior year quarter, mainly due to increases in personnel costs, professional and contractor fees, and occupancy costs. General and Administrative (“G&A”) expenses were $1.4 million higher in the fourth quarter of 2022, compared to the fourth quarter of 2021, due to the increase in personnel costs and professional services necessary to support public company compliance requirements. The increase in operating expense was also driven by a $0.7 million year-over-year increase in Research and Development (“R&D”) expense due to higher personnel costs incurred for the addition of top-quality engineering staff, contractor costs, increased occupancy costs, and R&D-related travel costs.”
Cyngn Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“December 15, 2022, Cyngn Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect”
Cyngn Inc. reported the nine months ended September 30, 2022 results: net income Net loss was $13.7 million for the nine months ended September 30, 2022, EPS Net loss per share on a basic and diluted basis was $0.45.
“Cyngn Inc. issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2022.”
Cyngn Inc. reported the third fiscal quarter ended September 30, 2022 results: net income Net loss was $5.3 million for the quarter ended September 30, 2022, EPS Net loss per share on a basic and diluted basis was $0.16.
“Cyngn Inc. issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2022.”
Mitch Lasky departed as Director at Cyngn Inc..
“On June 16, 2022, Mitch Lasky notified the Board of Directors (the “Board”) of Cyngn Inc. (the “Company”) that he will not stand for re-election at the Company’s 2022 Annual Meeting of stockholders (“Annual Meeting”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.