Cyngn Inc (CYN) Reports Q3 Loss of $2.17; Reports Cash and Cash Equivalents of $1.7M

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Cyngn Reports Third Quarter 2021 Results

November 17, 2021 4:05 PM EST

Company to Host Conference Call Today at 2 p.m. PT/5 p.m. ET

MENLO PARK, Calif.--(BUSINESS WIRE)-- Cyngn (or the Company) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced its unaudited financial results for the third quarter ended September 30, 2021.

Background on Cyngn A Company Targeting Full-scale Commercialization and Recurring Revenue Streams

Cyngn is a pre-revenue company developing the Enterprise Autonomy Suite (EAS) that combines advanced in-vehicle autonomous driving technology with leading supporting technologies like data analytics, fleet management, cloud, and... More