The increase was primarily due to a $1.6 million increase in R&D expenses related to non-cash stock-based compensation, costs incurred for additional engineering staff and contractors, allocated occupancy costs, and R&D-related travel costs.

Nov 9, 2022 / receipt, needs a key / Don Alvarez, CFO | earnings call 2022-11-09 | transcript 03de874d-1aae-45c1-aa60-21abe6ec1dd1 | chars 6937-7178 | segment 6

Selected as one of the key robotics innovators, Cyngn’s vehicles, driven by NVIDIA technology and Cyngn’s DriveMod software, are already operating in commercial settings to enhance safety, efficiency,

ir_statement / Sep 13, 2026 / receipt

After extensive testing, John Deere named Cyngn a preferred vendor, enabling the rapid deployment of our vehicles across multiple facilities.

ir_statement / Sep 13, 2026 / receipt

By automating the manual delivery of carts of parts across assembly, John Deere gets a better ROI at the facility by allocating employee labor to more complex work.

ir_statement / Sep 13, 2026 / receipt

John Deere deployed our autonomous tuggers to combat ongoing labor issues, including worker shortages, rising costs, and a declining talent pool.

ir_statement / Sep 13, 2026 / receipt

By automating supply runs between two buildings, USC eliminated 200 manual trips per week, significantly increasing both throughput and efficiency.

ir_statement / Sep 13, 2026 / receipt

Every trip the autonomous vehicles make eliminates three additional trips for our forklifts.

ir_statement / Sep 13, 2026 / receipt

USC deployed our autonomous tuggers to eliminate time lost moving materials across the facility and ultimately boost efficiency.

ir_statement / Sep 13, 2026 / receipt

benefits as EAS expands across vehicles and sites.

ir_statement / Sep 13, 2026 / receipt

Labor cost savings

ir_statement / Sep 13, 2026 / receipt

Minimal marginal costs for new/expanded deployments

ir_statement / Sep 13, 2026 / receipt

Cyngn Names Natalie Russell as Chief Financial Officer

ir_statement / Sep 13, 2026 / receipt

Cyngn secures $32M in funding, partners with NVIDIA, and relocates to a larger facility to drive growth and innovation in autonomous vehicle solutions through 2027.

ir_statement / Sep 13, 2026 / receipt