CYN · Cyngn Inc.

Summary

Cyngn Inc. announced financial results for Q4 and full year 2025 ended December 31, 2025, reporting annual revenue of $219 thousand versus $368 thousand in 2024 and net loss of $(23.5) million. Highlights include tripled bookings, record customer expansions, agriculture sector entry, and $9.65 million registered direct offering extending runway to 2028.

Key takeaways

• Tripled DriveMod Tugger bookings in 2025 compared to 2024
• Q1 2026 bookings on track to exceed total 2025 bookings
• Commercial deployments at G&J Pepsi and Coats
• Partnership with Chandler Automation expanding into agriculture
• Closed $9.65 million registered direct offering in March 2026
• Unrestricted cash and short-term investments of $34.7 million as of December 31, 2025