CYN Cyngn Inc.
Price Chart
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
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
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-060162 |
| Document: ea0291916-8k_cyngn.htm | 0001213900-26-060162 |
| Document: 0001213900-26-060162-index-headers.html | 0001213900-26-060162 |
| Document: 0001213900-26-060162-index.html | 0001213900-26-060162 |
| Document: 0001213900-26-060162.txt | 0001213900-26-060162 |
| 8-K Data (Synthetic) | 0001213900-26-060162 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 21, 2026
19d ago
|
8-K
| $1.43 $1.47 | ▼ −2.80% | ▼ −1.14% | $1.32 (+7.69%) |
|
Apr 7, 2026
9w ago
|
8-K
| $1.62 $1.73 | ▼ −6.79% | ▼ −3.27% | $1.32 (+18.52%) |
US Market Status
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