CYN$0.3294+0.92%
Cyngn Inc.
Sector: Services-Computer Programming ServicesIndustry: Software - ApplicationCountry: USExchange: Nasdaq
Mkt Cap:$5.06M
Float & O/S:
Inst Own:
DilutionScan read 31 of Cyngn Inc.'s SEC filings and found 8 warrant series, 2 ATM programs, 3 shelf registrations, 1 S-1 registration and 1 completed offering on file for CYN. The latest dilution event on file is ATM sales on Jun 30, 2026. Analysis updated Nov 1, 2026.
Signal8 Summary
4h old
CYN
Going-concern-level cash burn, micro-cap distress
- Business
- WeakLosses $23.5M vs $219K revenue, revenue down 40.5%
- Stock risk
- High$5M micro-cap, pending reverse split, shares +243% YoY
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
- : 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.
- : 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.
- : 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.
- : 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.
- : 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.
- : 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.
- : Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Jun 30, 2026.
- : Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Mar 31, 2026.
- : Sold $9.17M net / 3.92M shares through its at-the-market program, as stated for Jan 1, 2026 to Mar 19, 2026.
