CYN Q3 2024 Earnings — Cyngn Inc. Revenue & Financial Results | Market Cap Arena

CYNCyngn Inc.

$13M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$47,584+88.8% YoY

Gross Profit

-$109,667-230.5% margin

Operating Income

-$6M-11575.7% margin

Net Income

-$5M-11405.9% margin

EPS (Diluted)

$-6.09

QoQ Revenue Growth

+449.2%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$601,791

Balance Sheet

Total Assets

$8M

Total Liabilities

$2M

Stockholders' Equity

$7M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$47,584	$25,210	+88.8%
Gross Profit	-$109,667	-$17,204	-537.5%
Operating Income	-$6M	-$6M	+1.8%
Net Income	-$5M	-$5M	+0.8%

Revenue Segments

Subscription and Circulation

$6,892100%