Cyngn Inc. (CYN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1344 TERRA BELLA AVENUE MOUNTAIN VIEW, CA 94043 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 16,339 | 23,618 | 813 | 6,994 | 4,771 | 3,600 | |||
| Cash and cash equivalent | 1,002 | 23,618 | 5,931 | 2,192 | 3,592 | ||||
| Short-term investments | 15,336 | 813 | 1,063 | 2,579 | 4,562 | ||||
| Other undisclosed cash, cash equivalents, and short-term investments | (4,554) | ||||||||
| Receivables | 906 | 1,351 | 1,010 | 764 | 764 | 766 | |||
| Inventory, net of allowances, customer advances and progress billings | 902 | 150 | 376 | 70 | |||||
| Inventory | 902 | 150 | 376 | 70 | |||||
| Prepaid expense | 420 | 304 | 119 | 287 | 438 | 385 | |||
| Deposits current assets | 160 | 160 | 160 | ||||||
| Other current assets | 125 | 55 | 10 | ||||||
| Other undisclosed current assets | 1,974 | 164 | 175 | 4,709 | |||||
| Total current assets: | 18,727 | 25,583 | 4,451 | 8,333 | 6,273 | 9,470 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 120 | 298 | 474 | 649 | 821 | 992 | |||
| Property, plant and equipment | 2,440 | 2,319 | 2,067 | 1,961 | 1,652 | 1,487 | |||
| Intangible assets, net (including goodwill) | 2,543 | 1,895 | 1,488 | 986 | 1,045 | 1,084 | |||
| Intangible assets, net (excluding goodwill) | 2,543 | 1,895 | 1,488 | 986 | 1,045 | 1,084 | |||
| Other undisclosed noncurrent assets | 519 | ||||||||
| Total noncurrent assets: | 5,622 | 4,512 | 4,030 | 3,596 | 3,519 | 3,563 | |||
| TOTAL ASSETS: | 24,349 | 30,095 | 8,481 | 11,929 | 9,792 | 13,033 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 514 | 1,087 | 648 | 688 | 605 | 411 | |||
| Accounts payable | 282 | 298 | 190 | 180 | 249 | 197 | |||
| Accrued liabilities | 233 | 789 | 457 | 508 | 356 | 214 | |||
| Deferred revenue | 742 | 769 | |||||||
| Other undisclosed current liabilities | 949 | 1,633 | 1,184 | 1,538 | 1,089 | 1,670 | |||
| Total current liabilities: | 2,206 | 3,489 | 1,832 | 2,226 | 1,694 | 2,081 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 128 | 317 | |||||||
| Operating lease, liability | 128 | 317 | |||||||
| Other undisclosed noncurrent liabilities | 15,012 | ||||||||
| Total noncurrent liabilities: | 15,012 | 128 | 317 | ||||||
| Total liabilities: | 2,206 | 18,502 | 1,832 | 2,226 | 1,821 | 2,398 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 22,143 | 11,594 | 6,649 | 9,703 | 7,971 | 10,635 | |||
| Common stock | 0 | 0 | 0 | 0 | 1 | 1 | |||
| Treasury stock, value | (1,100) | (2,600) | (4,600) | ||||||
| Additional paid in capital | 219,006 | 200,864 | 183,883 | 181,509 | 173,958 | 170,652 | |||
| Accumulated deficit | (196,863) | (189,270) | (177,234) | (171,807) | (165,988) | (160,018) | |||
| Other undisclosed equity, attributable to parent | 1,100 | 2,600 | 4,600 | ||||||
| Total equity: | 22,143 | 11,594 | 6,649 | 9,703 | 7,971 | 10,635 | |||
| TOTAL LIABILITIES AND EQUITY: | 24,349 | 30,095 | 8,481 | 11,929 | 9,792 | 13,033 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 47 | 306 | 48 | 9 | 6 | 40 | ||
| Realized investment gains | 67 | 8 | ||||||
| Cost of revenue | (12) | (250) | (157) | (15) | (114) | (101) | ||
| Other cost of operating revenue | (0) | (14) | (33) | |||||
| Gross profit: | 35 | 57 | (110) | (6) | (108) | (60) | ||
| Operating expenses | (5,250) | (5,598) | (5,399) | (5,806) | (5,858) | (5,336) | ||
| Operating loss: | (5,215) | (5,541) | (5,508) | (5,812) | (5,966) | (5,396) | ||
| Nonoperating income (expense) | (2,378) | (6,495) | 81 | (7) | (4) | 38 | ||
| Investment income, nonoperating | 1 | |||||||
| Other nonoperating income (expense) | 92 | 29 | 34 | (5) | (5) | |||
| Loss from continuing operations before equity method investments, income taxes: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
| Other undisclosed loss from continuing operations before income taxes | (0) | |||||||
| Net loss: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net loss attributable to parent: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net loss available to common stockholders, diluted: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
| Comprehensive loss, net of tax, attributable to parent: | (7,593) | (12,036) | (5,427) | (5,819) | (5,970) | (5,358) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.