| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 4,820,464 | 31,343,213 | ||
| Short-term investments | 30,054,492 | 7,891,623 | ||
| Prepaid expenses and other current assets | 4,205,419 | 4,399,798 | ||
| Total current assets | 39,080,375 | 43,634,634 | ||
| Property and equipment, gross | 3,646,543 | - | ||
| Less accumulated depreciation and amortization | 639,657 | - | ||
| Property and equipment, net | 3,006,886 | 2,550,764 | ||
| Right of use asset, net | 6,190,809 | 6,411,126 | ||
| Intangible assets, net | 470,781 | 3,065,806 | ||
| Security deposit | 518,584 | 518,584 | ||
| Total assets | 49,267,435 | 56,180,914 | ||
| Accounts payable | 360,416 | 176,269 | ||
| Accrued expenses and other current liabilities | 3,514,449 | 2,621,405 | ||
| Current operating lease liability | 36,966 | 202,562 | ||
| Total current liabilities | 3,911,831 | 3,000,236 | ||
| Warrant liability | - | 0 | ||
| Non-current operating lease liability | 6,676,231 | 6,417,520 | ||
| Total liabilities | 10,588,062 | 9,417,756 | ||
| Common stock, par 0.00001 400,000,000 and 200,000,000 shares authorized as of september 30, 2025 and december 31, 2024 7,039,266 and 199,110 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 70 | 70 | ||
| Additional paid-in capital | 249,831,101 | 249,074,145 | ||
| Accumulated deficit | -211,151,798 | -202,311,057 | ||
| Total stockholders (deficit) equity | 38,679,373 | 46,763,158 | ||
| Total liabilities and stockholders (deficit) equity | 49,267,435 | 56,180,914 | ||
Cyngn Inc. (CYN)
Cyngn Inc. (CYN)