CYNGN INC.: 10-Q filed 2023-11-09

Name: CYNGN INC.: 10-Q filed 2023-11-09
Creator: CYNGN INC.

What CYNGN INC. reported in its quarterly report filed 2023-11-09 (fiscal Q3 2023): 40 published measures, 111 facts as tagged in accession 0001213900-23-084879.

This filing

Form: 10-Q (quarterly report)
Filed: 2023-11-09
Fiscal period: fiscal Q3 2023
Accession: 0001213900-23-084879 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CYNGN INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2023-09-30	11,550,467	USD
At 2022-12-31	25,505,012	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2023-09-30	1,347,681	USD
At 2022-12-31	1,387,485	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2023-09-30	10,202,786	USD
At 2023-06-30	13,942,044	USD
At 2022-12-31	24,117,527	USD
At 2022-09-30	28,786,808	USD
At 2022-06-30	33,272,539	USD
At 2021-12-31	22,247,562	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2023-09-30	3,536,381	USD
At 2022-12-31	10,536,273	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-5,471,512	USD	92
2023-01-01 to 2023-09-30	-17,453,669	USD	273
2022-07-01 to 2022-09-30	-5,259,364	USD	92
2022-01-01 to 2022-09-30	-13,690,364	USD	273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	-14,440,102	USD	273
2022-01-01 to 2022-09-30	-11,598,985	USD	273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	904,417	USD	273
2022-01-01 to 2022-09-30	639,545	USD	273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	25,210	USD	92
2023-01-01 to 2023-09-30	1,448,961	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	1,021,038	USD	273
2022-01-01 to 2022-09-30	18,238,776	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	6,369,172	USD	273
2022-01-01 to 2022-09-30	-22,954,516	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2023-09-30	-153,183,708	USD
At 2022-12-31	-135,730,039	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	37,771,928	shares	92
2023-01-01 to 2023-09-30	37,344,276	shares	273
2022-07-01 to 2022-09-30	37,005,071	shares	92
2022-01-01 to 2022-09-30	33,458,338	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	37,771,928	shares	92
2023-01-01 to 2023-09-30	37,344,276	shares	273
2022-07-01 to 2022-09-30	37,005,071	shares	92
2022-01-01 to 2022-09-30	33,458,338	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-0.14	USD/shares	92
2023-01-01 to 2023-09-30	-0.47	USD/shares	273
2022-07-01 to 2022-09-30	-0.14	USD/shares	92
2022-01-01 to 2022-09-30	-0.41	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-0.14	USD/shares	92
2023-01-01 to 2023-09-30	-0.47	USD/shares	273
2022-07-01 to 2022-09-30	-0.14	USD/shares	92
2022-01-01 to 2022-09-30	-0.41	USD/shares	273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Unit	Days
2023-07-01 to 2023-09-30	USD	92
2023-01-01 to 2023-09-30	USD	273
2022-07-01 to 2022-09-30	USD	92
2022-01-01 to 2022-09-30	USD	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2023-09-30	1,393,393	USD
At 2022-12-31	884,000	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	2,517,890	USD	273
2022-01-01 to 2022-09-30	1,990,834	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-5,609,701	USD	92
2023-01-01 to 2023-09-30	-17,949,983	USD	273
2022-07-01 to 2022-09-30	-5,278,337	USD	92
2022-01-01 to 2022-09-30	-13,709,911	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2023-09-30	8,592,564	USD
At 2022-12-31	23,776,747	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2023-09-30	234,357	USD
At 2022-12-31	155,943	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2023-09-30	1,159,642	USD
At 2022-12-31	473,076	USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	42,414	USD	92
2023-01-01 to 2023-09-30	1,121,732	USD	273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	2,929,225	USD	92
2023-01-01 to 2023-09-30	9,697,099	USD	273
2022-07-01 to 2022-09-30	2,725,919	USD	92
2022-01-01 to 2022-09-30	6,662,730	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2023-09-30	35,205,748	shares
At 2022-12-31	33,684,864	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2023-09-30	3,536,381	USD
At 2022-12-31	10,586,273	USD
At 2022-09-30	5,681,256	USD
At 2021-12-31	21,995,981	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2023-09-30	163,386,142	USD
At 2022-12-31	159,847,229	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2023-09-30	2,180,604	USD
At 2022-12-31	1,407,084	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2023-09-30	787,211	USD
At 2022-12-31	523,084	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2023-09-30	1,159,642	USD
At 2022-12-31	473,076	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2023-09-30	245,409	USD
At 2022-12-31	283,118	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2023-09-30	436,923	USD
At 2022-12-31	1,126,137	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-5,471,512	USD	92
2023-01-01 to 2023-09-30	-17,453,669	USD	273
2022-07-01 to 2022-09-30	-5,259,364	USD	92
2022-01-01 to 2022-09-30	-13,690,364	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	2,663,272	USD	92
2023-01-01 to 2023-09-30	8,580,113	USD	273
2022-07-01 to 2022-09-30	2,552,418	USD	92
2022-01-01 to 2022-09-30	7,047,181	USD	273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	89,625	USD	92
2023-01-01 to 2023-09-30	264,127	USD	273
2022-07-01 to 2022-09-30	42,285	USD	92
2022-01-01 to 2022-09-30	87,690	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	707,337	USD	273
2022-01-01 to 2022-09-30	411,512	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	4,751	USD	92
2023-01-01 to 2023-09-30	11,960	USD	273
2022-07-01 to 2022-09-30	4,798	USD	92
2022-01-01 to 2022-09-30	7,385	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	138,189	USD	92
2023-01-01 to 2023-09-30	496,314	USD	273
2022-07-01 to 2022-09-30	18,973	USD	92
2022-01-01 to 2022-09-30	19,547	USD	273

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	48,000	USD	273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	78,414	USD	273
2022-01-01 to 2022-09-30	186,797	USD	273

Inspect the source

Entity: CYNGN INC. / CIK 0001874097
Captured: 2026-09-21T17:34:17.090Z
SEC response SHA-256: ea88a6e5f01c0abfa630fd8494087d47d366eec67a0c53ca6e19a8d7fed76717

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
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with urlopen("https://canlicapital.com/company-data/0001874097.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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