Description of Business	3 Months Ended
Mar. 31, 2026
Description of Business [Abstract]
Description of Business	1. Description of Business Cyngn Inc., together with its subsidiary (collectively, “Cyngn” or the “Company”), was incorporated in Delaware in 2013. Our wholly owned subsidiary, Cyngn Singapore PTE. LTD., is a Singaporean limited company organized in 2015. The Company is headquartered in Mountain View, CA. Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Our full-stack autonomous driving software, (“DriveMod”), can be integrated onto vehicles manufactured by Original Equipment Manufacturers (“OEM”) by integration directly into vehicle assembly. The Enterprise Autonomy Suite (“EAS”) is designed to be compatible with sensors and components from leading hardware technology providers and integrate our proprietary Autonomous Vehicle (“AV”) software to produce differentiated autonomous vehicles. The Company has been operating autonomous vehicles in production environments and in 2023 began licensing EAS commercially. Built and tested in difficult and diverse real-world environments, DriveMod, the fleet management system and our proprietary Software Development Kit (“DriveMod Kit”) combine to create a full-stack advanced autonomy solution designed to be modular, extendable, and safe. The Company operates in one business segment. *Liquidity* The Company has incurred losses from operations since inception. The Company incurred net losses of approximately $6.5 million and $3.9 million for the three months ended March 31, 2026 and 2025, respectively. Accumulated deficit amounted to approximately $223.3 million and $216.8 million as of March 31, 2026 and December 31, 2025, respectively. Net cash used in operating activities was approximately $8.4 million and $6.5 million for the three months ended March 31, 2026 and 2025, respectively. The Company’s liquidity is based on its ability to increase its operating cash flow position, obtain capital financing from equity interest investors and borrow money to fund its general operations, research and development activities, and capital expenditures. As of March 31, 2026, the Company’s unrestricted cash balance was approximately $5.1 million and short-term investments was approximately $39.2 million. As of December 31, 2025, the Company’s cash balance was approximately $1.0 million and short-term investments was approximately $33.7 million. Based on cash flow projections from operating, investing and financing activities and the existing balance of cash and short-term investments, management is of the opinion that the Company has sufficient funds for sustainable operations, and it will be able to meet its payment obligations from operations and related commitments for the 12 months following the date these condensed consolidated financial statements were issued.

Description of Business

3 Months Ended

Mar. 31, 2026

1. Description of Business

Cyngn Inc., together with its subsidiary (collectively, “Cyngn” or the “Company”), was incorporated in Delaware in 2013. Our wholly owned subsidiary, Cyngn Singapore PTE. LTD., is a Singaporean limited company organized in 2015. The Company is headquartered in Mountain View, CA.

Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Our full-stack autonomous driving software, (“DriveMod”), can be integrated onto vehicles manufactured by Original Equipment Manufacturers (“OEM”) by integration directly into vehicle assembly. The Enterprise Autonomy Suite (“EAS”) is designed to be compatible with sensors and components from leading hardware technology providers and integrate our proprietary Autonomous Vehicle (“AV”) software to produce differentiated autonomous vehicles.

The Company has been operating autonomous vehicles in production environments and in 2023 began licensing EAS commercially. Built and tested in difficult and diverse real-world environments, DriveMod, the fleet management system and our proprietary Software Development Kit (“DriveMod Kit”) combine to create a full-stack advanced autonomy solution designed to be modular, extendable, and safe. The Company operates in one business segment.

Liquidity

The Company has incurred losses from operations since inception. The Company incurred net losses of approximately $6.5 million and $3.9 million for the three months ended March 31, 2026 and 2025, respectively. Accumulated deficit amounted to approximately $223.3 million and $216.8 million as of March 31, 2026 and December 31, 2025, respectively. Net cash used in operating activities was approximately $8.4 million and $6.5 million for the three months ended March 31, 2026 and 2025, respectively.

The Company’s liquidity is based on its ability to increase its operating cash flow position, obtain capital financing from equity interest investors and borrow money to fund its general operations, research and development activities, and capital expenditures. As of March 31, 2026, the Company’s unrestricted cash balance was approximately $5.1 million and short-term investments was approximately $39.2 million. As of December 31, 2025, the Company’s cash balance was approximately $1.0 million and short-term investments was approximately $33.7 million.

Based on cash flow projections from operating, investing and financing activities and the existing balance of cash and short-term investments, management is of the opinion that the Company has sufficient funds for sustainable operations, and it will be able to meet its payment obligations from operations and related commitments for the 12 months following the date these condensed consolidated financial statements were issued.