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Cyngn

Cyngn Inc is an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types manufactured by Original Equipment Manufacturers in various environments.

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Cyngn Inc

CYND CO LTD by CYND CO LTD.

CYNK TECHNOLOGY CORP by Cynk Technology Corp.

CYGNUS OIL AND GAS CORP by Cygnus Oil & Gas Corp.

Cygnus Oil & Gas Corp

International Metals Mining Corp

INTERNATIONAL MTLS MNG by INTERNATIONAL METALS MNG CORP.

Cyngn announces the notice of allowance for a new patent related to the Company's autonomous vehicle (AV) solutions.
MENLO PARK, Calif., May 28, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) announced the notice of allowance for a new patent related to the Company's innovative autonomous vehicle (AV) solutions.
The patent, Modular Sensor System For Automated Guided Vehicles, introduces a modular sensor system that is configured to be coupled to existing industrial machines while making few, if any, modifications to the industrial machine. The significance of this patent lies in the adjustability of the modular sensor system that may be used with different industrial machines having varied geometries and/or operation constraints.
A Notice of Allowance marks a key step forward in the patent application process. Upon completion, the patent will add to Cyngn's growing IP portfolio and further strengthen its position in the sector. This milestone builds on recent momentum, including the granting of the Company's <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4436654-1&amp;h=1980906395&amp;u=https%3A%2F%2Fwww.cyngn.com%2Fpr%2Fcyngn-secures-its-22nd-u.s.-patent-for-its-ai-powered-autonomous-vehicle-technologies&amp;a=22nd+patent">22nd patent</a> in April and its <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4436654-1&amp;h=202730240&amp;u=https%3A%2F%2Fwww.cyngn.com%2Fpr%2Fcyngn-secures-its-21st-u.s.-patent-system-and-methods-of-adaptive-object-based-decision-making-for-autonomous-driving&amp;a=21st+patent">21st patent</a> in October.
 &nbsp;

Cyngn Receives Notice Of Allowance For New Patent Related To Autonomous Vehicle Solutions

<h3>Gainers</h3>
<ul>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) stock rose 6.4% to $0.35 during Friday's after-market session. The company's market cap stands at $13.0 million. </li>
<li>Saiheat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIH#NASDAQ">SAIH</a>) stock rose 6.32% to $6.25. The market value of their outstanding shares is at $10.5 million. </li>
<li>Thumzup Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TZUP#NASDAQ">TZUP</a>) shares rose 6.19% to $8.66. The market value of their outstanding shares is at $82.3 million. </li>
<li>Greenidge Generation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GREE#NASDAQ">GREE</a>) stock rose 5.66% to $1.68. The company's market cap stands at $19.2 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares moved upwards by 4.67% to $4.7. The company's market cap stands at $8.2 million. </li>
<li>Informatica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>) stock moved upwards by 4.65% to $23.6. The company's market cap stands at $7.1 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) shares decreased by 11.8% to $0.49 during Friday's after-market session. The company's market cap stands at $3.4 million. </li>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) shares decreased by 8.25% to $3.95. The company's market cap stands at $2.4 million. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) stock declined by 8.1% to $1.59. The market value of their outstanding shares is at $58.3 million. </li>
<li>PicoCELA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCLA#NASDAQ">PCLA</a>) stock decreased by 7.63% to $0.61. The market value of their outstanding shares is at $18.8 million. </li>
<li>ClearOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>) shares decreased by 6.64% to $0.37. The market value of their outstanding shares is at $9.5 million. The company's, Q1 earnings came out 4 days ago. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) shares fell 6.28% to $0.27. The company's market cap stands at $3.6 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Friday's After-Market Session

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Cyngn shares are trading lower after the company reported worse-than-expected Q1 financial results.

<h3>Gainers</h3>
<ul>
<li>Intchains Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICG#NASDAQ">ICG</a>) stock increased by 19.8% to $2.66 during Thursday's pre-market session. The market value of their outstanding shares is at $160.5 million. </li>
<li>D-Wave Quantum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) stock rose 19.59% to $8.24. The market value of their outstanding shares is at $2.4 billion. As per the news, the Q1 earnings report came out today. </li>
<li>AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares moved upwards by 13.45% to $344.28. The company's market cap stands at $116.4 billion. The company's, Q1 earnings came out yesterday. </li>
<li>EPAM Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) shares increased by 12.43% to $179.0. The market value of their outstanding shares is at $10.1 billion. The company's, Q1 earnings came out today. </li>
<li>Greenidge Generation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GREE#NASDAQ">GREE</a>) stock moved upwards by 10.98% to $1.05. The market value of their outstanding shares is at $12.0 million. </li>
<li>Nvni Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) stock moved upwards by 10.04% to $0.51. The market value of their outstanding shares is at $46.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Consensus Cloud Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCSI#NASDAQ">CCSI</a>) stock declined by 17.2% to $18.48 during Thursday's pre-market session. The market value of their outstanding shares is at $361.1 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock fell 14.86% to $4.47. The company's market cap stands at $7.8 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) shares decreased by 14.48% to $1.3. The company's market cap stands at $47.6 million. </li>
<li>Nortech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) stock decreased by 12.38% to $8.46. The company's market cap stands at $23.3 million. </li>
<li>Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) stock decreased by 8.27% to $97.9. The company's market cap stands at $75.2 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Evolv Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) shares declined by 8.15% to $3.72. The market value of their outstanding shares is at $608.1 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings

Earnings Misses

Cyngn Q1 EPS $(6.60) Misses $(2.74) Estimate, Sales $47.20K Miss $900.00K Estimate

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Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

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Core Scientific, Inc. - Class A Common Stock

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Earnings Scheduled For May 7, 2025

Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) is set to give its latest quarterly earnings report on Wednesday, 2025-05-07. Here's what investors need to know before the announcement.
Analysts estimate that Cyngn will report an earnings per share (EPS) of $-2.91. 
The announcement from Cyngn is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Here's a look at Cyngn's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td></td>
<td>-534</td>
<td>-1200</td>
<td>-1950</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-502</td>
<td>-411</td>
<td>-616.5</td>
<td>-1200</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-11.0%</td>
<td>21.0%</td>
<td>4.0%</td>
<td>-16.0%</td>
</tr>
</tbody>
</table>

<h3>Tracking Cyngn's Stock Performance</h3>
Shares of Cyngn were trading at $5.245 as of May 05. Over the last 52-week period, shares are down 99.66%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/CYN/earnings">To track all earnings releases for Cyngn visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Cyngn's Earnings

<h3>Gainers</h3>
<ul>
<li>Sagtec Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGT#NASDAQ">SAGT</a>) shares moved upwards by 7.3% to $4.12 during Monday's after-market session. The company's market cap stands at $51.7 million. </li>
<li>Sigmatron Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMA#NASDAQ">SGMA</a>) shares rose 5.88% to $1.26. The market value of their outstanding shares is at $7.7 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock increased by 5.13% to $4.71. The market value of their outstanding shares is at $8.2 million. </li>
<li>Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) shares increased by 4.99% to $0.76. The market value of their outstanding shares is at $31.0 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) shares rose 4.95% to $0.24. The market value of their outstanding shares is at $3.1 million. </li>
<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) stock increased by 4.83% to $2.17. The market value of their outstanding shares is at $97.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) stock decreased by 12.7% to $1.9 during Monday's after-market session. The market value of their outstanding shares is at $49.0 million. </li>
<li>Sanmina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>) shares decreased by 8.34% to $74.0. The company's market cap stands at $3.9 billion. As per the press release, Q2 earnings came out today. </li>
<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) stock declined by 6.62% to $1.27. The market value of their outstanding shares is at $25.2 million. </li>
<li>Ultra Clean Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCTT#NASDAQ">UCTT</a>) stock fell 6.06% to $20.95. The market value of their outstanding shares is at $945.5 million. The company's, Q1 earnings came out today. </li>
<li>Mawson Infra Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIGI#NASDAQ">MIGI</a>) shares decreased by 5.43% to $0.68. The company's market cap stands at $12.7 million. </li>
<li>908 Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASS#NASDAQ">MASS</a>) stock declined by 4.97% to $5.07. The company's market cap stands at $179.1 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

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12 Information Technology Stocks Moving In Monday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Data Storage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTST#NASDAQ">DTST</a>) stock rose 19.2% to $3.84 during Thursday's pre-market session. The company's market cap stands at $26.9 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) stock increased by 13.07% to $0.25. The market value of their outstanding shares is at $3.3 million. </li>
<li>Focus Universal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) shares moved upwards by 9.61% to $3.99. The market value of their outstanding shares is at $29.5 million. </li>
<li>HeartCore Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTCR#NASDAQ">HTCR</a>) stock increased by 8.99% to $0.68. The company's market cap stands at $15.0 million. </li>
<li>GDS Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) shares rose 8.02% to $20.99. The market value of their outstanding shares is at $4.0 billion. </li>
<li>Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) stock rose 8.0% to $3.24. The market value of their outstanding shares is at $298.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>ClearOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>) stock fell 19.2% to $0.41 during Thursday's pre-market session. The company's market cap stands at $9.8 million. </li>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares decreased by 17.82% to $2.1. The market value of their outstanding shares is at $1.1 million. </li>
<li>BeLive Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIV#NASDAQ">BLIV</a>) stock decreased by 15.16% to $5.43. The company's market cap stands at $53.7 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock declined by 11.64% to $4.1. The company's market cap stands at $7.1 million. </li>
<li>MagnaChip Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MX#NYSE">MX</a>) shares declined by 10.96% to $2.6. The company's market cap stands at $95.8 million. </li>
<li>QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) stock fell 9.78% to $4.8. The market value of their outstanding shares is at $75.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Shares of broader tech companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

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