Cyngn Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.005513 million compared to USD 0.8728 million a year ago. Net loss was USD 5.97 million compared to USD 5.63 million a year ago.

Basic loss per share from continuing operations was USD 0.08 compared to USD 0.15 a year ago.