Cyngn Inc.

Snapshot

Cyngn is a pre-scale autonomous vehicle software company with tiny revenue: $219K in FY 2025, down 40.5% YoY, against a $23.5M net loss. R&D and SG&A alone ran roughly 57x and 61x revenue.

What's Happening Right Now

• Fri 30th Oct '26 · Listing deficiency: On Oct 30, 2026, Cyngn disclosed that audit committee chair Karen Macleod will resign at the Nov 3 annual meeting, leaving only two audit committee members and putting the company out of compliance with Nasdaq's three-member audit committee rule; it has until Nov 3, 2027 to cure.
• Mon 26th Oct '26 · Security certification: On Oct 26, 2026, Cyngn completed a SOC 2 Type II examination with zero exceptions and launched a Trust Center portal, following its recent ISO/IEC 27001 certification, which it frames as a prerequisite for enterprise AV sales.
• Thu 15th Oct '26 · Delisting notice: On Oct 15, 2026, Cyngn received a Nasdaq notice for 30 straight days closing below $1.00, giving it until April 12, 2027 to regain compliance or potentially pursue a reverse split.
• Tue 29th Sep '26 · Customer expansion: On Sep 29, 2026, Cyngn announced a follow-on order for its DriveMod Tugger from an existing Fortune 100 heavy equipment manufacturer, extending automation to another part of that customer's operations; financial terms were not disclosed.
• Mon 21st Sep '26 · Reverse split vote: Cyngn's Nov 3, 2026 annual meeting proxy asks shareholders to approve a reverse stock split of between 1-for-5 and 1-for-150 within a year, aimed at regaining Nasdaq's $1.00 minimum bid price compliance.
• Thu 13th Aug '26 · Q2 10-Q: Cyngn's Q2 2026 10-Q showed revenue of $144,459 (up from $33,726 a year earlier) but a widened net loss of $6.35 million for the quarter, with share count up about 81% in six months after an $8.8 million offering and $14.6 million raised through its ATM program.
• Tue 30th Jun '26 · ATM sale: Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Jun 30, 2026.
• Tue 31st Mar '26 · ATM sale: Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Mar 31, 2026.
• Thu 19th Mar '26 · ATM sale: Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Mar 19, 2026.