CYN Q1 2023 Earnings — Cyngn Inc. Revenue & Financial Results | Market Cap Arena

CYNCyngn Inc.

$13M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$872,800

Gross Profit

$256,10629.3% margin

Operating Income

-$6M-669.7% margin

Net Income

-$6M-644.9% margin

EPS (Diluted)

$-14.94

QoQ Revenue Growth

+233.1%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$924,899

Balance Sheet

Total Assets

$20M

Total Liabilities

$913,934

Stockholders' Equity

$19M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$872,800	$0	—
Gross Profit	$256,106	-$21,942	+1267.2%
Operating Income	-$6M	-$4M	-53.1%
Net Income	-$6M	-$4M	-47.4%