Cyngn Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
CYN$0.29+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. FINANCIAL STATEMENTS
CONDENSED BALANCE SHEETS
| June 30, | December 31, | |
|---|---|---|
| 2026 | 2025 | |
| ASSETS | | |
| CURRENT ASSETS | | |
| Cash and cash equivalents | $2,228,211 | $990,023 |
| Short-term investments | 37,471,239 | 33,736,091 |
| Accounts and other receivables | 1,345,455 | 1,544,213 |
| Inventory | 1,656,645 | 2,039,655 |
| Prepaid expenses and other current assets | 1,255,536 | 885,800 |
| TOTAL CURRENT ASSETS | 43,957,086 | 39,195,782 |
| | | |
| NON-CURRENT ASSETS | | |
| Property and equipment, net | 3,710,626 | 3,268,196 |
| Right of use asset, net | 5,536,958 | 5,971,800 |
| Intangible assets, net | 452,717 | 466,223 |
| Other non-current assets | 1,311,971 | 1,151,214 |
| TOTAL NON-CURRENT ASSETS | 11,012,272 | 10,857,433 |
| | | |
| TOTAL ASSETS | $54,969,358 | $50,053,215 |
| | | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | |
| | | |
| CURRENT LIABILITIES | | |
| Accounts payable | $168,602 | $217,439 |
| Deferred revenue | 555,368 | 395,348 |
| Current operating lease liability | 844,728 | 312,365 |
| Accrued expenses and other current liabilities | 1,120,896 | 2,615,734 |
| TOTAL CURRENT LIABILITIES | 2,689,594 | 3,540,886 |
| | | |
| NON-CURRENT LIABILITIES | | |
| Non-current deferred revenue | 1,710,044 | 1,262,667 |
| Non-current operating lease liability | 5,977,917 | 6,495,256 |
| TOTAL NON-CURRENT LIABILITIES | 7,687,961 | 7,757,923 |
| | | |
| TOTAL LIABILITIES | 10,377,555 | 11,298,809 |
| | | |
| Commitments and Contingencies (Note 13) | | |
| | | |
| STOCKHOLDERS’ EQUITY | | |
| | | |
| Preferred stock, Par $0.00001, 10 million shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025 | ‒ | ‒ |
| | | |
| Common stock, Par $0.00001; 400,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 14,423,281 and 7,974,380 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 144 | 80 |
| Additional paid-in capital | 274,255,399 | 255,576,797 |
| Accumulated deficit | (229,663,740) | (216,822,471) |
| TOTAL STOCKHOLDERS’ EQUITY | 44,591,803 | 38,754,406 |
| | | |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $54,969,358 | $50,053,215 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.