Cyngn Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $218,976 | $368,138 | $1.5M | $262,000 | — |
| Cost of revenue | $135,749 | $535,708 | $1.2M | $186,823 | — |
| Research and development | $12.5M | $11.3M | $12.7M | $9.5M | $5.0M |
| Operating expenses | — | — | — | — | $9.4M |
| Operating income | -$25.7M | -$22.8M | -$23.3M | -$19.4M | -$9.4M |
| Pretax income | -$23.5M | -$33.3M | -$22.8M | -$19.2M | — |
| Income tax expense | — | — | — | $850 | $800 |
| Net income | -$23.5M | -$33.3M | -$22.8M | -$19.2M | -$7.8M |
| Balance Sheet | |||||
| Cash and equivalents | $990,023 | $23.6M | $3.6M | $10.5M | $21.9M |
| Current assets | $39.8M | $25.6M | $9.5M | $23.8M | $22.5M |
| Total assets | $50.1M | $30.1M | $13.0M | $25.5M | $22.7M |
| Current liabilities | $4.8M | $3.4M | $2.1M | $1.4M | $407,427 |
| Total liabilities | $11.3M | $31.1M | $2.4M | $1.4M | $407,427 |
| Stockholders' equity | $38.8M | -$1.0M | $10.6M | $24.1M | $22.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$23.6M | -$19.2M | -$19.5M | -$16.3M | -$8.6M |
| Depreciation and amortization | $1.2M | $669,409 | $961,281 | $604,871 | $85,855 |
| Stock-based compensation | $1.6M | $2.4M | $3.2M | $2.9M | $1.1M |
| Capital expenditure | $1.2M | $1.1M | $1.0M | $918,318 | — |
| Free cash flow | -$24.8M | -$20.2M | -$20.5M | -$17.2M | — |
| Impairments | — | $118,831 | $30,000 | $30,000 | — |
Shares outstanding 14.4M · Free float 41.7%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.