Cyngn
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cyngn's past years’ income statements indicate that its last revenue has increased compared to the previous period by 468% to $1,489,317. Profit margin reached -1532%. Total operating expenses were $23,612,938.
Profit Margin
| 2019 | 124.50K | -9.10M | -7312.92% |
|---|---|---|---|
| 2020 | 0 | -8.33M | |
| 2021 | 0 | -7.81M | |
| 2022 | 262K | -19.07M | -7279.5% |
| 2023 | 1.48M | -22.81M | -1531.66% |
CYN Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 1.48M | 262K | 0 | 0 | 124.50K |
Cost of revenue | 1.22M | 186.82K | 85.85K | 159.04K | 0 |
Gross profit | 266.99K | 75.17K | -85.85K | -159.04K | 124.50K |
Operating exp. | |||||
Research and development | 12.71M | 9.48M | 4.99M | 5.12M | 5.70M |
Selling and marketing | 0 | 194.56K | 0 | 0 | 0 |
Total operating expenses | 23.61M | 19.47M | 9.40M | 8.37M | 9.69M |
Operating income | -23.34M | -19.40M | -9.40M | -8.37M | -9.56M |
Other income (expenses), net | 534.71K | 164.21K | 1.60M | 34.82K | 230.52K |
Income before tax | -22.81M | -19.23M | -7.79M | -8.33M | -9.33M |
Income tax expense | 0 | -164.21K | 16.75K | -39.84K | -230.52K |
Net income | -22.81M | -19.07M | -7.81M | -8.33M | -9.10M |
Earnings per share | |||||
Basic EPS | -51.86 | -0.56 | -0.27 | -798.43 | -0.31 |
Diluted EPS | -51.86 | -0.56 | -0.27 | -798.35 | -0.31 |
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