CYN
Income statement / Annual
Last year (2023), Cyngn Inc.'s total revenue was $1.49 M,
an increase of 468.44% from the previous year.
In 2023, Cyngn Inc.'s net income was -$22.81 M.
See Cyngn Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$1.49 M
|
$262,000.00
|
$0.00
|
$0.00
|
$124,501.00
|
| Cost of Revenue |
$1.22 M |
$186,823.00 |
$85,855.00 |
$159,040.00 |
$0.00 |
| Gross Profit |
$266,996.00 |
$75,177.00 |
-$85,855.00 |
-$159,040.00 |
$124,501.00 |
| Gross Profit Ratio |
0.18 |
0.29 |
0 |
0 |
1 |
| Research and Development
Expenses |
$12.72 M
|
$9.48 M
|
$4.99 M
|
$5.12 M
|
$5.71 M
|
| General & Administrative
Expenses |
$10.89 M
|
$9.99 M
|
$4.41 M
|
$3.25 M
|
$3.98 M
|
| Selling & Marketing
Expenses |
$0.00
|
$194,566.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$10.89 M
|
$9.99 M
|
$4.41 M
|
$3.25 M
|
$3.98 M
|
| Other Expenses |
$0.00 |
$120,118.00 |
$7,173.00 |
-$5,020.00 |
$0.00 |
| Operating Expenses |
$23.61 M |
$19.48 M |
$9.40 M |
$8.37 M |
$9.69 M |
| Cost And Expenses |
$24.84 M |
$19.66 M |
$9.40 M |
$8.37 M |
$9.69 M |
| Interest Income |
$137,887.00 |
$44,100.00 |
$9,580.00 |
$39,841.00 |
$230,521.00 |
| Interest Expense |
$0.00 |
$44,100.00 |
$9,580.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$961,281.00
|
$604,870.00
|
$85,855.00
|
$159,040.00
|
$159,276.00
|
| EBITDA |
-$22.38 M
|
-$18.80 M
|
-$9.31 M
|
-$8.21 M
|
-$9.41 M
|
| EBITDA Ratio |
-15.03 |
-71.74 |
0 |
0 |
-75.55 |
| Operating Income Ratio
|
-15.68
|
-74.05
|
0
|
0
|
-76.83
|
| Total Other
Income/Expenses Net |
$534,712.00
|
$164,218.00
|
$1.60 M
|
$34,821.00
|
$230,521.00
|
| Income Before Tax |
-$22.81 M |
-$19.24 M |
-$7.80 M |
-$8.34 M |
-$9.34 M |
| Income Before Tax Ratio
|
-15.32
|
-73.42
|
0
|
0
|
-74.98
|
| Income Tax Expense |
$0.00 |
-$164,218.00 |
$16,753.00 |
-$39,841.00 |
-$230,521.00 |
| Net Income |
-$22.81 M |
-$19.24 M |
-$7.80 M |
-$8.34 M |
-$9.34 M |
| Net Income Ratio |
-15.32 |
-73.42 |
0 |
0 |
-74.98 |
| EPS |
-51.86 |
-55.04 |
-120.96 |
-798.43 |
-901.95 |
| EPS Diluted |
-51.86 |
-55.04 |
-120.96 |
-798.35 |
-901.95 |
| Weighted Average Shares
Out |
$439,866.00
|
$349,477.00
|
$64,479.00
|
$10,444.00
|
$10,350.00
|
| Weighted Average Shares
Out Diluted |
$439,866.00
|
$349,477.00
|
$64,478.00
|
$10,445.00
|
$10,350.00
|
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