Filing Flows › Cyngn (CYN) › Q4 2024
Cyngn (CYN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 6, 2025
Cyngn (CYN) reported revenue of $306K for the fourth quarter 2024 (Q4 2024), +659% from a year earlier and +544% from the quarter before.
Cyngn, Q4 2024: revenue $306K (+659% year over year), net loss $16.1M, operating cash flow −$3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306K | +544% | +659% |
| Operating profit | −$5.5M | — | — |
| Net earnings | −$16.1M | — | — |
| Operating cash flow | −$3.6M | — | — |
What changed
Revenue was $306K in Q4 2024, up 659% year over year and up 544% from the previous quarter.
Operating costs exceeded revenue by $5.5M, an operating margin of -1808.7%. Total costs grew 8% against revenue growth of 659%. The fastest-growing cost line was Cost of revenue (+148%). The quarter ended with a net loss of $16.1M, wider than the previous quarter's $5.4M loss. Net interest and other expense of $10.6M was the main reason.
Operating cash flow was −$3.6M. Non-cash charges added back $578K of share-based compensation. Working capital and other items added $11.9M. Capital expenditures of $312K exceeded it, leaving free cash flow of −$4.0M.
Questions
What was Cyngn's revenue in the fourth quarter 2024?
Cyngn (CYN) reported revenue of $306K for the fourth quarter 2024 (Q4 2024), +659% from a year earlier and +544% from the quarter before.
Source: Cyngn 10-K on SEC EDGAR.