Overview
Compare with Brightline Interactive, Inc./NV, Ankam, Inc. or Guru App Factory Corp, or pick any stock.
- TickerCYN on Nasdaq1
- Industrysoftware development1
- HeadquartersUnited States1
- Websitecyngn.com
- Legal formprivately held company1
- Incorporated inDE4
- Business address1344 Terra Bella Avenue, Mountain View, Ca 940434
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company4
See how the biggest companies compare on our leaderboards

Learning (“ML”), cloud/connectivity, sensor fusion, high- definition mapping, and real-time dynamic path planning & decision-making.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue1¢$135.7K
- Research and development99¢$12.5M
Out of $219.0K in revenue.7 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| REVENUE | $219.0K | $368.1K |
| Cost of revenue | $135.7K | $535.7K |
| Research and development | $12.5M | $11.3M |
| General and administrative | $13.3M | $11.4M |
| TOTAL COSTS AND EXPENSES | $25.9M | $23.2M |
| LOSS FROM OPERATIONS | -$25.7M | -$22.8M |
| Interest income (expense), net | $197.4K | -$1.1M |
| Warrant liability issuance costs | -$1.7M | |
| Change in fair value of warrant liability | $1.1M | -$5.4M |
| Loss on issuance of warrants | -$2.3M | |
| Other income (expense), net | $884.9K | $53.1K |
| TOTAL OTHER INCOME (EXPENSE), NET | $2.2M | -$10.5M |
| NET LOSS | -$23.5M | -$33.3M |
| Net loss per share attributable to common stockholders, basic (in Dollars per share) | -$5.17 | -$2,521.41 |
| Net loss per share attributable to common stockholders, diluted (in Dollars per share) | -$5.17 | -$2,521.41 |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in Shares) | 4.5M shares | 13.2K shares |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in Shares) | 4.5M shares | 13.2K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $990.0K | $23.6M | |
| Short-term investments | $33.7M | ||
| Accounts and other receivables | $1.5M | $1.2M | |
| Inventory | $2.0M | $150.2K | |
| Prepaid expenses and other current assets | $1.5M | $592.1K | |
| TOTAL CURRENT ASSETS | $39.8M | $25.6M | |
| Property and equipment, net | $3.3M | $2.3M | |
| Right-of-use asset, net | $6.0M | $297.9K | |
| Intangible assets, net | $466.2K | $1.9M | |
| Security Deposit | $518.6K | ||
| TOTAL ASSETS | $50.1M | $30.1M | |
| Accounts payable | $217.4K | $247.8K | |
| Deferred revenue | $1.7M | $769.2K | |
| Accrued expenses and other current liabilities | $2.6M | $2.1M | |
| Current operating lease liability | $312.4K | $317.3K | |
| TOTAL CURRENT LIABILITIES | $4.8M | $3.4M | |
| Non-current operating lease liability | $6.5M | ||
| Warrant liability | $27.7M | ||
| TOTAL LIABILITIES | $11.3M | $31.1M | |
| Common stock, Par $0.00001; 400,000,000 and 200,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 7,974,380 and 199,110 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $80 | $2 | |
| Additional paid-in capital | $255.6M | $192.3M | |
| Accumulated deficit | -$216.8M | -$193.4M | |
| TOTAL STOCKHOLDERS EQUITY (DEFICIT) | $38.8M | -$1.0M | $10.6M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT) | $50.1M | $30.1M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 400.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 8.0M shares | 199.1K shares | |
| Common stock, shares outstanding (in Shares) | 8.0M shares | 199.1K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $990.0K | $23.6M | |
| Short-term investments | $33.7M | ||
| Accounts and other receivables | $1.5M | $1.2M | |
| Inventory | $2.0M | $150.2K | |
| Prepaid expenses and other current assets | $1.5M | $592.1K | |
| TOTAL CURRENT ASSETS | $39.8M | $25.6M | |
| Property and equipment, net | $3.3M | $2.3M | |
| Right-of-use asset, net | $6.0M | $297.9K | |
| Intangible assets, net | $466.2K | $1.9M | |
| Security Deposit | $518.6K | ||
| TOTAL ASSETS | $50.1M | $30.1M | |
| Accounts payable | $217.4K | $247.8K | |
| Deferred revenue | $1.7M | $769.2K | |
| Accrued expenses and other current liabilities | $2.6M | $2.1M | |
| Current operating lease liability | $312.4K | $317.3K | |
| TOTAL CURRENT LIABILITIES | $4.8M | $3.4M | |
| Non-current operating lease liability | $6.5M | ||
| Warrant liability | $27.7M | ||
| TOTAL LIABILITIES | $11.3M | $31.1M | |
| Common stock, Par $0.00001; 400,000,000 and 200,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 7,974,380 and 199,110 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $80 | $2 | |
| Additional paid-in capital | $255.6M | $192.3M | |
| Accumulated deficit | -$216.8M | -$193.4M | |
| TOTAL STOCKHOLDERS EQUITY (DEFICIT) | $38.8M | -$1.0M | $10.6M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT) | $50.1M | $30.1M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 400.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 8.0M shares | 199.1K shares | |
| Common stock, shares outstanding (in Shares) | 8.0M shares | 199.1K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$23.5M | -$33.3M |
| Depreciation and amortization | $1.2M | $669.4K |
| Stock-based compensation | $1.6M | $2.4M |
| Realized gain on short-term investments | -$85.1K | |
| Accretion on short-term investments | -$776.2K | -$113.1K |
| Loss on disposed assets | $16.6K | |
| Patent impairment | $118.8K | |
| Change in fair value of warrant liability | -$1.1M | $5.4M |
| Change in estimate of capitalized software | $1.4M | |
| Warrant liability issuance costs | $1.7M | |
| Loss on issuance of warrants | $2.3M | |
| Accretion of interest and amortization of debt issuance costs | $1.2M | |
| Accounts and other receivables | -$321.3K | -$452.0K |
| Inventory | -$1.9M | -$150.2K |
| Prepaid expenses, operating lease right-of-use assets, and other current assets | -$1.4M | -$44.0K |
| Accounts payable | -$30.3K | $50.8K |
| Deferred revenue | $888.8K | -$667.7K |
| Accrued expenses, lease liabilities, and other current liabilities | $411.6K | $1.7M |
| NET CASH USED IN OPERATING ACTIVITIES | -$23.6M | -$19.2M |
| Purchase of property and equipment | -$1.2M | -$1.1M |
| Acquisition of intangible asset | -$29.1K | -$954.2K |
| Disposal of assets | $265.9K | |
| Purchase of short-term investments | -$87.4M | -$7.6M |
| Proceeds from maturity of short-term investments | $54.5M | $12.2M |
| NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | -$34.1M | $2.9M |
| Proceeds from at-the-market equity financing, net of issuance costs | $5.5M | $6.8M |
| Proceeds from public issuance of common stock and pre-funded warrants and exercise of pre-funded warrants, net of issuance costs | $29.6M | $13.8M |
| Issuance costs from public issuance of common stock and pre-funded warrants and exercise of pre-funded warrants | -$1.0K | |
| Proceeds from issuance of warrants | $18.3M | |
| Proceeds from the Notes, net of issuance costs | $1.8M | |
| Repayment of the Notes | -$4.4M | |
| Issuance costs for stock dividend and restricted stock units | -$597 | |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | $35.1M | $36.3M |
| Net increase (decrease) in cash and cash equivalents | -$22.6M | $20.0M |
| Acquisition of right-of-use asset in exchange for new operating lease obligation | $6.6M | |
| Acquisition of property and equipment included in accounts payable and accrued expenses | $1.9K |
No quarter-by-quarter statement was filed.
Corporate structure
CYNGN Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CYNGN Inc.
- Empery Asset Management, LP Filed SCHEDULE 13G on CYNGN Inc., latest Apr 22, 2026 (5 filings since Jan 10, 2024)
- SABBY MANAGEMENT, LLC Filed SCHEDULE 13G/A on CYNGN Inc., latest Jan 7, 2026 (3 filings since Jan 4, 2024)
- Anson Funds Management LP Filed SCHEDULE 13G/A on CYNGN Inc., latest May 15, 2025 (3 filings since Feb 14, 2025)
- BENCHMARK CAPITAL PARTNERS VI LP Filed SCHEDULE 13G/A on CYNGN Inc., latest May 14, 2025 (3 filings since Feb 14, 2022)
- S.H.N. Financial Investments Ltd. Filed SCHEDULE 13G/A on CYNGN Inc., latest Feb 14, 2025 (2 filings since Dec 31, 2024)
- L1 Capital Global Opportunities Master Fund, Ltd. Filed SCHEDULE 13G/A on CYNGN Inc., latest Feb 13, 2025 (4 filings since Dec 31, 2024)
- BIGGER CAPITAL FUND L P Filed SCHEDULE 13G/A on CYNGN Inc., latest Feb 7, 2025 (2 filings since Jan 7, 2025)
- Andreessen Horowitz Fund III, L.P. Filed SC 13G/A on CYNGN Inc., latest Nov 13, 2024 (2 filings since Feb 14, 2022)
- Redpoint Ventures IV, L.P. Filed SC 13G/A on CYNGN Inc., latest Feb 14, 2024 (2 filings since Feb 11, 2022)
- Lior Tal Filed SC 13D on CYNGN Inc., latest Feb 8, 2022
- CYNGN Inc. United States
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CYNGN Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $3.9M7 Dec 31, 2025 | $3.1M7 Dec 31, 2024 | +27.1% |
| Accumulated depreciation | $678.8K7 Dec 31, 2025 | $785.6K7 Dec 31, 2024 | −13.6% |
| Property and equipment, net | $3.3M7 Dec 31, 2025 | $2.3M7 Dec 31, 2024 | +40.9% |
| Operating-lease assets (leased space) | $6.0M7 Dec 31, 2025 | $297.9K7 Dec 31, 2024 | +1904.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $990.0K7 Dec 31, 2025 | $23.6M7 Dec 31, 2024 | −95.8% |
| Marketable securities, current | $33.7M7 Dec 31, 2025 | $4.6M9 Dec 31, 2023 | +639.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $1.9M9 Dec 31, 2024 | $1.1M9 Dec 31, 2023 | +74.8% |
| Finite-lived intangibles, gross | $566.3K7 Dec 31, 2025 | $2.1M7 Dec 31, 2024 | −72.8% |
| Accumulated amortization | $100.1K7 Dec 31, 2025 | $67.9K7 Dec 31, 2024 | +47.5% |
| Finite-lived intangibles, net | $466.2K7 Dec 31, 2025 | $1.9M7 Dec 31, 2024 | −75.4% |
Inventory
Properties, in its own words
Our corporate headquarters is located in Mountain View, California and acts as the main operational facility for our vehicle engineering, software engineering and business units. We lease our corporate headquarters which contains approximately 39,600 square feet. We believe that our office space is adequate for our current needs and, should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms.
Item 2 of the 10-K filed Mar 27, 2026.6
Leadership
Who has led CYNGN Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerLior Tal Oct 19, 2021 to Nov 9, 202314
- Chief financial officerDonald Alvarez Oct 19, 2021 to Nov 9, 202315
Board members and other officers (7)
- VP of SalesMartin Steven Petraitis May 15, 2025 to now16
- VP of Business DevelopmentBen Landen Oct 19, 2021 to Nov 9, 202317
- Board memberDonald Alvarez Nov 10, 2022 to Nov 9, 202318
- Board memberColleen Cunningham Oct 19, 2021 to now19
- Board memberKaren M. Ferguson Oct 19, 2021 to now20
- Board memberLior Tal Oct 19, 2021 to Nov 9, 202314
- Board memberMitchell Lasky Oct 19, 2021 to Oct 22, 202121
Named in SEC Form D filings
People the company listed in its private-offering notices.
Employees over time
- 2026621
Former names
- Cyngn, Inc.Jul 28, 2021 to Nov 4, 20214
Timeline
- Oct 15, 20268-K Listing notice or transfer23
- Aug 13, 20268-K Results of operations24
- Jul 30, 20268-K Executive or director change25
- May 21, 20268-K Results of operations26
- Apr 7, 20268-K Change of auditor27
- Mar 25, 20268-K Results of operations28
- Mar 17, 20268-K Entered a material agreement; Other events29
- Mar 16, 20268-K Executive or director change30
- Feb 9, 20268-K Executive or director change31
- Jan 30, 20268-K Bylaws or fiscal year changed32
- Dec 5, 20258-K Executive or director change33
- Dec 4, 20258-K Executive or director change; Shareholder vote34
- Oct 19, 2021New chief executive Lior Tal becomes CEO14
- Oct 2021Went public Listed on NASDAQ1
- 2012Founded Founded1
Calendar
Coming up
- Nov 17, 2026Reports results for the quarter ending Sep/202635
When it reported results
- Aug 13, 2026Reported quarterly or annual results24
- May 21, 2026Reported quarterly or annual results26
- Mar 25, 2026Reported quarterly or annual results28
- Nov 19, 2025Reported quarterly or annual results36
- Aug 7, 2025Reported quarterly or annual results37
- May 8, 2025Reported quarterly or annual results38
- Mar 5, 2025Reported quarterly or annual results39
- Nov 7, 2024Reported quarterly or annual results40
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
243 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 68 major events, 42 insider forms, 27 large holders, 2 private raises, 82 other. The latest 20:
- Oct 15, 20268-K CURRENT REPORT EDGAR
- Sep 21, 2026DEF 14A PROXY STATEMENT EDGAR
- Sep 11, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
- Aug 14, 202610-Q/A AMENDMENT NO. 1 TO FORM 10-Q/A EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 20268-K CURRENT REPORT EDGAR
- Jul 30, 20268-K CURRENT REPORT EDGAR
- May 21, 20268-K CURRENT REPORT EDGAR
- May 14, 202610-Q QUARTERLY REPORT EDGAR
- Apr 22, 2026SCHEDULE 13G EDGAR
- Apr 7, 20268-K CURRENT REPORT EDGAR
- Mar 27, 202610-K ANNUAL REPORT EDGAR
- Mar 25, 20268-K CURRENT REPORT EDGAR
- Mar 17, 20268-K CURRENT REPORT EDGAR
- Mar 17, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Mar 16, 20268-K CURRENT REPORT EDGAR
- Feb 9, 20268-K CURRENT REPORT EDGAR
- Jan 30, 20268-K CURRENT REPORT EDGAR
- Jan 28, 2026S-8 REGISTRATION STATEMENT EDGAR
- Jan 7, 2026SCHEDULE 13G/A EDGAR
The 243 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 31, 2023 | Macleod Karen MDirector | Buy | 1,250 | $1.23 | $1.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Empery Asset Management, LPSCHEDULE 13G, 5 filings Jan 10, 2024 to Apr 22, 202641
- SABBY MANAGEMENT, LLCSCHEDULE 13G/A, 3 filings Jan 4, 2024 to Jan 7, 202642
- Anson Funds Management LPSCHEDULE 13G/A, 3 filings Feb 14, 2025 to May 15, 202543
- BENCHMARK CAPITAL PARTNERS VI LPSCHEDULE 13G/A, 3 filings Feb 14, 2022 to May 14, 202544
- S.H.N. Financial Investments Ltd.SCHEDULE 13G/A, 2 filings Dec 31, 2024 to Feb 14, 202545
- L1 Capital Global Opportunities Master Fund, Ltd.SCHEDULE 13G/A, 4 filings Dec 31, 2024 to Feb 13, 202546
- BIGGER CAPITAL FUND L PSCHEDULE 13G/A, 2 filings Jan 7, 2025 to Feb 7, 202547
- Andreessen Horowitz Fund III, L.P.SC 13G/A, 2 filings Feb 14, 2022 to Nov 13, 202448
- Redpoint Ventures IV, L.P.SC 13G/A, 2 filings Feb 11, 2022 to Feb 14, 202449
- Lior TalSC 13D, 1 filing Feb 8, 202250
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Empery Asset Management, LP | 927,059 | $1.3M | 1.5% | −30,725 |
| Vanguard Capital Management LLC | 315,119 | $438.0K | 0.0% | +245,466 |
| Geode Capital Management, LLC | 123,638 | $171.9K | 0.0% | +82,513 |
| State Street Corp | 96,300 | $133.9K | 0.0% | +72,600 |
| Vanguard Fiduciary Trust Co | 74,896 | $104.1K | 0.0% | +40,117 |
| Northern Trust Corp | 27,137 | $37.7K | 0.0% | +3,891 |
| Two Sigma Securities, LLC | 14,356 | $20.0K | 0.0% | −31,396 |
| UBS Group AG | 11,624 | $16.2K | 0.0% | −5,724 |
| StoneX Group Inc. | 10,471 | $14.6K | 0.0% | New |
| Tower Research Capital LLC (TRC) | 1,591 | $2.2K | 0.0% | −2,927 |
| SBI Securities Co., Ltd. | 1,115 | $1.6K | 0.0% | −945 |
| Grove Bank & Trust | 1,000 | $1.4K | 0.0% | New |
| Barclays PLC | 898 | $1.2K | 0.0% | New |
| Osaic Holdings, Inc. | 200 | $278 | 0.0% | No change |
| Redpoint Management, LLC | 182 | $253 | 0.0% | No change |
| Jones Financial Companies Lllp | 40 | $48 | 0.0% | No change |
| Price T Rowe Associates Inc /md/ | 20,900 | $30 | 0.0% | No change |
| Wells Fargo & Company/mn | 8 | $11 | 0.0% | New |
| Caitong International Asset Management Co., Ltd | 7 | $10 | 0.0% | +4 |
| Jpmorgan Chase & Co | 4 | $5 | 0.0% | No change |
| Ascentis Wealth Management, LLC | 1 | $1 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How CYNGN Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCyngn Inc.2
- CIK0001874097
- Employer ID (EIN)46-20070946
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company6
- Incorporated inDelaware6
- Fiscal year endsDecember 312
- Industry code (SIC)7371 Services-Computer Programming Services2
- SEC reviewing officeOffice of Technology, Division of Corporation Finance2
- Business address1344 Terra Bella Avenue, Mountain View, CA 940432
- Phone650-924-59052
- Shares outstanding14,423,281 as of Aug 13, 202651
- Public float$101.4M as of Jun 30, 20256
- AuditorCBIZ CPAs P.C., San Francisco, California PCAOB ID 199; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceJul 28, 20212
- Filings250 in all: 8-K (68), 4 (29), 10-Q (15), CORRESP (14), 3 (13), SCHEDULE 13G/A (10), EFFECT (9), UPLOAD (9)2
All 36 form types
DEF 14A (7), SCHEDULE 13G (7), S-1/A (6), 10-K (5), PRE 14A (5), S-1 (5), SC 13G (5), 424B3 (4), 424B4 (4), 424B5 (4), DEFA14A (4), S-8 (4), SC 13G/A (4), S-3 (3), 1-A/A (2), D (2), 1-A (1), 1-A-W (1), 10-K/A (1), 10-Q/A (1), 8-A12B (1), CERT (1), DRS (1), FWP (1), NT 10-Q (1), POS AM (1), S-3/A (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 27, 2026
Quarterly report (10-Q) Aug 13, 2026
Proxy statement (DEF 14A) Sep 21, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, Par Value $0.00001 | CYN | Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 27, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks CYNGN Inc. names in Item 1A of its 10-K filed Mar 27, 2026: 39 risks under these headings, as written.6
- Risks Related to Our Technology, Business, and Industry
- Autonomous driving is an emerging technology and involves significant risks and uncertainties.
- We have a limited operating history in a new market and face significant challenges as our industry is rapidly evolving.
- Our business model has yet to be tested and any failure to commercialize our strategic plans would have an adverse effect on our operating results and business.
- We operate in a highly competitive market and will face competition from both established competitors and new market entrants.
- Business collaboration with third parties is subject to risks and these relationships may not lead to significant revenue.
- Risks Related to Our Financial Position and Need for Additional Capital
- Losses for the foreseeable future.
- We have a limited operating history, which makes it difficult to forecast our future results of operations.
- We expect fluctuations in our financial results making it difficult to project future results.
- We may need to raise additional funds and these funds may not be available to us on attractive terms when we need them, or at all.
- We have incurred significant losses and continue to manage our cash resources to support our ongoing operations.
The other 29 risks
- We may be subject to risks associated with potential future acquisitions.
- Risks Related to Our Business Operations
- Our success depends largely on the continued services of our senior management team, technical engineers, and certain key employees.
- If we fail to manage our growth effectively, we may be unable to execute our business plan, maintain high levels of service, or adequately address competitive challenges.
- We may be subject to product liability or warranty claims that could result in significant direct or indirect costs, including reputational harm, increased insurance premiums or the need to self-insure, which could adversely affect our business and operating results.
- If our autonomous driving software fails to perform as expected our ability to market, sell or lease our autonomous driving software could be harmed.
- If we are unable to establish and maintain confidence in our long-term business prospects among users, securities and industry analysts, and within our industries, or are subject to negative publicity, then our financial condition, operating results, business prospects, and access to capital may suffer materially.
- Natural disasters, outbreaks of infectious diseases, terrorist attacks, wars and threats of war may negatively impact our operations, revenue, costs, and stock price.
- International trade policies, including tariffs, sanctions and trade barriers, may adversely affect our business, financial condition, results of operations and prospects.
- We have a material weakness in our internal control over financial reporting, and our inability to remediate this weakness or otherwise implement and maintain effective internal control over financial reporting, or the inability of our independent registered public accounting firm to provide an unqualified report thereon, could have a material adverse effect on us.
- Risks Related to Our Intellectual Property, Information Technology and Data Privacy
- We may become subject to litigation brought by third parties claiming infringement, misappropriation or other violation by us of their intellectual property rights.
- Our business may be adversely affected if we are unable to adequately establish, maintain, protect, and enforce our intellectual property and proprietary rights or prevent third parties from making unauthorized use of our technology and other intellectual property rights.
- Changes in U.S. patent law could diminish the value of patents in general, thereby impairing our ability to protect our products.
- Our patent applications may not issue as patents, which may have a material adverse effect on our ability to prevent others from commercially exploiting products similar to ours.
- We may not be able to protect our intellectual property rights throughout the world.
- In addition to patented technology, we rely on our unpatented proprietary technology, trade secrets, processes, and know-how.
- We utilize open-source software, which may pose particular risks to our proprietary software, technologies, products, and services in a manner that could harm our business.
- Unauthorized control or manipulation of systems in autonomous industrial vehicles may cause them to operate improperly or not at all, or compromise their safety and data security, which could result in loss of confidence in us and our products, cancellation of contracts with future OEM or supplier partners.
- Our information technology systems or data, or those of our service providers or customers or users could be subject to cyber-attacks or other security incidents, which could result in data breaches, intellectual property theft, claims, litigation, regulatory investigations, significant liability, reputational damage and other adverse consequences.
- The costs to comply with, or our actual or perceived failure to comply with, changing U.S. and foreign laws related to data privacy, security and protection, could adversely affect our financial condition, operating results, and our reputation.
- Risks Related to our Common Stock
- There is a limited market for our common stock that may make it more difficult to dispose of your stock.
- Future sales of our common stock in the public market could cause the market price of our common stock to decline.
- Our stock price may be volatile, and the value of our common stock may decline.
- Future securities issuances could result in significant dilution to our stockholders and impair the market price of our common stock.
- We anticipate that we will need to raise additional capital, and our issuance of additional capital stock in connection with financings, acquisitions, investments, our equity incentive plans or otherwise will dilute all other stockholders.
- We do not intend to pay cash dividends for the foreseeable future and, as a result, your ability to achieve a return on your investment will depend on appreciation in the price of our common stock.
- We are an “emerging growth company,” and we cannot be certain if the reduced reporting and disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.
- Anti-takeover provisions in our charter documents may discourage our acquisition by a third party, which could limit our stockholders’ opportunity to sell their shares, at a premium.
- Our amended and restated certificate of incorporation designates the Court of Chancery of the State of Delaware and federal court within the State of Delaware as the exclusive forum for certain types of actions and proceedings that our stockholders may initiate, which could limit a stockholder’s ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.
- General Risk Factors
- The restatement of our previously issued financial statements for the Affected Periods has resulted in unanticipated costs, stockholder litigation and regulatory actions, and may adversely affect investor confidence, our stock price, our ability to raise capital in the future and our reputation.
Legal proceedings
We are not a party to any pending legal proceeding, nor is our property the subject of a pending legal proceeding, that is not in the ordinary course of business or otherwise material to the financial condition of our business. None of our directors, officers or affiliates are involved in a proceeding adverse to our business or have a material interest adverse to our business.
The opening of Item 3, Legal Proceedings.6
Links
- Websitecyngn.com1
- X (Twitter)x.com/cyngn1
- WikidataQ21177770
- SEC EDGARCIK 1874097
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataCYNGN Inc. on Wikidata
- 2SEC EDGARCYNGN Inc. filings on SEC EDGAR
- 3Company websiteCYNGN Inc. logo
- 4SEC EDGARCYNGN Inc. filings on SEC EDGAR
- 5Company websiteCYNGN Inc. photo
- 6
- 7SEC EDGARCYNGN Inc. 10-K for fiscal 2025
- 8SEC EDGARCYNGN Inc. 10-K for fiscal 2022
- 9SEC EDGARCYNGN Inc. 10-K for fiscal 2023
- 10SEC EDGARCYNGN Inc. 10-K for fiscal 2020
- 11SEC EDGARCYNGN Inc. 10-K for fiscal 2021
- 12SEC EDGARCYNGN Inc. 10-Q for fiscal 2026
- 13SEC EDGARCYNGN Inc. 10-Q for fiscal 2026
- 14SEC EDGARLior Tal, Chief executive officer
- 15
- 16SEC EDGARMartin Steven Petraitis, VP of Sales
- 17
- 18SEC EDGARDonald Alvarez, Board member
- 19SEC EDGARColleen Cunningham, Board member
- 20SEC EDGARKaren M. Ferguson, Board member
- 21SEC EDGARMitchell Lasky, Board member
- 22
- 23SEC EDGARListing notice or transfer
- 24SEC EDGARResults of operations
- 25SEC EDGARExecutive or director change
- 26SEC EDGARResults of operations
- 27SEC EDGARChange of auditor
- 28SEC EDGARResults of operations
- 29
- 30SEC EDGARExecutive or director change
- 31SEC EDGARExecutive or director change
- 32SEC EDGARBylaws or fiscal year changed
- 33SEC EDGARExecutive or director change
- 34
- 35NasdaqNasdaq calendar
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50SEC EDGARLior Tal SC 13D on CYNGN Inc.
- 51