CYN Q1 2024 Earnings — Cyngn Inc. Revenue & Financial Results | Market Cap Arena

CYNCyngn Inc.

$13M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$5,513-99.4% YoY

Gross Profit

-$333,853-6055.7% margin

Operating Income

-$6M-108223.5% margin

Net Income

-$6M-108290.9% margin

EPS (Diluted)

$-8.84

QoQ Revenue Growth

-86.3%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10M

Total Liabilities

$2M

Stockholders' Equity

$8M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5,513	$872,800	-99.4%
Gross Profit	-$333,853	$256,106	-230.4%
Operating Income	-$6M	-$6M	-2.1%
Net Income	-$6M	-$6M	-6.1%