CYN Cyngn Inc.

BEARISH Impact: 6/10 8-K
Horizon days Filed May 21, 2026 Processed 19d 9h ago SEC 0001213900-26-060162
8-K Item 2.02: Earnings release
Latest settled — T+5d
CYN ▲ +2.80% at T+5d
SHORT call ✗ call lost -2.80% · α vs SPY -1.14% · entry $1.43 → $1.47
Next anchor: T+20d in 12d
Last close $1.32 (close Jun 8) · +7.69% from $1.43 entry (call sign-flipped)
Entry anchored
May 21, 2026
via day open
T+1d
-0.70%
call +0.70% · α +1.29%
$1.42
settled 19d ago
T+5d
+2.80%
call -2.80% · α -1.14%
$1.47
settled 12d ago
T+20d
call — · α —
in 12d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Cyngn reported Q1 2026 revenue of $105K (up 122% YoY from $47K) but a net loss of -$6.5M, wider than the -$3.9M loss in Q1 2025. EPS of -$0.59 missed the consensus estimate of -$0.30 by 96.7%. The company highlighted accelerating commercial utilization metrics (missions up 127% YoY) and a strengthened balance sheet with $44.4M in cash/short-term investments after a $9.65M offering, but the widening loss and large EPS miss are the headline financials.

Actionable Insight

The 122% revenue growth and 127% mission utilization increase show commercial traction, but the widening net loss and massive EPS miss will pressure the stock. Monitor for a reverse stock split given the sub-$1 share price and Nasdaq continued listing requirements.

Key Facts

  • Q1 2026 revenue was $105K vs $47K in Q1 2025, a 122% YoY increase.
  • Net loss widened to -$6.5M from -$3.9M in Q1 2025.
  • EPS of -$0.59 missed the -$0.30 consensus by 96.7%.
  • Autonomous missions completed increased 127% YoY; driving time increased 60%.
  • Cash and short-term investments totaled $44.4M at quarter-end, up from $34.7M at Dec 2025 year-end.
  • Company completed a $9.65M registered direct offering in March, extending runway to 2028.
  • Weighted-average diluted shares increased to 11.0M from 1.2M a year ago, reflecting heavy dilution.
  • Operating cash burn was -$8.4M in Q1 2026 vs -$6.5M in Q1 2025.
  • No debt and no insider share sales reported.

Financial Impact

Revenue $105K (vs $47K YoY); Net loss -$6.5M (vs -$3.9M YoY); EPS -$0.59 vs consensus -$0.30

revenueepsnet lossoperating cash flowshare count

Risk Factors

  • Nasdaq minimum bid price compliance risk if stock stays below $1
  • Continued operating cash burn of ~$8.4M/quarter vs $44.4M cash runway
  • Heavy shareholder dilution (shares outstanding grew from 1.2M to 11.0M YoY)
  • Pre-revenue stage with only $105K/quarter in subscription revenue

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming Services
Analyst Consensus
80% bullish (5 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001213900-26-060162
Document: ea0291916-8k_cyngn.htm0001213900-26-060162
Document: 0001213900-26-060162-index-headers.html0001213900-26-060162
Document: 0001213900-26-060162-index.html0001213900-26-060162
Document: 0001213900-26-060162.txt0001213900-26-060162
8-K Data (Synthetic)0001213900-26-060162
2 reports for CYN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CYN — sortable, filterable
Type Now
May 21, 2026
19d ago
8-K
BEARISH ★ 6/10
$1.43 $1.47▼ −2.80%▼ −1.14%$1.32 (+7.69%)
Apr 7, 2026
9w ago
8-K
BEARISH ★ 7/10
$1.62 $1.73▼ −6.79%▼ −3.27%$1.32 (+18.52%)
Showing 2 of 2

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