CYN Q3 2023 Earnings — Cyngn Inc. Revenue & Financial Results | Market Cap Arena

CYNCyngn Inc.

$13M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$25,210

Gross Profit

-$17,204-68.2% margin

Operating Income

-$6M-22251.9% margin

Net Income

-$5M-21703.7% margin

EPS (Diluted)

$-14.49

QoQ Revenue Growth

-95.4%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$719,283

Balance Sheet

Total Assets

$12M

Total Liabilities

$1M

Stockholders' Equity

$10M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25,210	$0	—
Gross Profit	-$17,204	-$182,409	+90.6%
Operating Income	-$6M	-$5M	-6.3%
Net Income	-$5M	-$5M	-4.0%