CYN — what changed in the latest 10-Q
A section-by-section comparison of CYN's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-13 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +13 | −9 | ~13 | 41 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-13
On March 16, 2026, the Company entered into a securities purchase agreement with certain investors, pursuant to which the Company agreed to sell and issue, in a registered direct offering, 1,686,788 shares of its common stock, par value $0.00001 per share, at a purchase price of $1.93 per share and …
On March 28, 2026, the Company's wholly owned subsidiary, Cyngn Singapore PTE. LTD. ("Cyngn-SG"), was struck off and dissolved by the Accounting and Corporate Regulatory Authority of Singapore. The Company was notified of the strike off during the second quarter of 2026 and recorded the related deco…
Research and development expense for the six months ended June 30, 2026 increased by approximately $1.9 million or 48.2% to $6.0 million from approximately $4.1 million for the six months ended June 30, 2025. The increase is primarily attributable to an increase in personnel related costs, external …
General and administrative expenses for the six months ended June 30, 2026 increased by approximately $1.1 million or 15.9% to $7.8 million from approximately $6.7 million for the six months ended June 30, 2025. The increase is primarily attributable to an increase in personnel related costs and an …
Interest income (expense), net increased by $219,586 to $21,594 for the three months ended June 30, 2026 from ($197,992) for the three months ended June 30, 2025. Interest income consists primarily of interest earned of $21,594 from the Company’s interest-bearing bank accounts.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
On March 16, 2026, the Company entered into a securities purchase agreement with certain investors, pursuant to which the Company agreed to sell and issue, in a registered direct offering, 1,686,788 shares of its common stock, par value $0.00001 per share, at a purchase price of $1.93 per share and …
Revenue recognized for three months ended March 31, 2026 increased by $57,421 or 121.8% to $104,573 from $47,152 for the three months ended March 31, 2025. The increase is attributable to an increase in tugger deployments in 2026.
Interest income (expense), net decreased by $52,749 to $22,070 for the three months ended March 31, 2026 from $74,819 for the three months ended March 31, 2025. Interest income consists primarily of interest earned of $22,070 from the Company’s interest-bearing bank accounts.
Other income (expense), net decreased by $0.8 million to $0.4 million for the three months ended March 31, 2026 from $1.2 million for the three months ended March 31, 2025. Other income consists primarily of discount amortization on the Company’s short-term investments of $0.4 million. The decrease …
The Company’s principal source of liquidity is its cash and current maturities of short-term investments. Short-term investments consist of placements in U.S. government securities with original maturities between three to six months. As of March 31, 2026, the Company had unrestricted cash of approx…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-13
We are providing the following disclosures in lieu of filing a Current Report on Form 8-K relating to Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers):
On June 9, 2026, the Compensation Committee of the Board approved, and on August 12, 2026, the Board approved and ratified, an increase in the annual base salary of Natalie Russell, the Company's Chief Financial Officer, from $250,000 to $300,000, effective as of August 1, 2026. A copy of the Amende…
The foregoing disclosures are being made in this Quarterly Report on Form 10-Q in lieu of filing a Current Report on Form 8-K pursuant to Item 5.02(e) of Form 8-K.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice