Cyngn Inc. (NASDAQ:CYN) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET
Company Participants
Ben Mimmack - Head, Investor Relations
Lior Tal - Chairman and Chief Executive Officer
Don Alvarez - Chief Financial Officer
Ben Landen - VP of Business Development
Conference Call Participants
Theodore O’Neill - Litchfield Research
Poe Fratt - Alliance Global Partners
Rommel Dionisio - Aegis Capital
Operator
Greetings, and welcome to the Cyngn First Quarter 2023 Earnings Call. [Operator Instructions] It’s now my pleasure to introduce your host, Ben Mimmack, Head of Investor Relations. Thank you. Mr. Mimmack, you may begin.
Ben Mimmack
Thank you, operator, and thank you to everyone on the call for joining us today. The press release announcing Cyngn’s results for the first quarter ended March 31, 2023, is available at the Investors section of the company’s website at investors.cyngn.com. A replay of this broadcast will also be made available on the website approximately 1 hour after the conclusion of this call.
Before we get started, I would like to remind everyone that this conference call and any accompanying information discussed herein contains certain forward-looking statements within the meaning of the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terms such as anticipate, believe, expect, future, plan, outlook and will and include, among other things, statements regarding the company’s continued development of its commercial products, expectations regarding sales and/or revenues, growth strategy, ability to deliver sustainable long-term value, ability to respond to the changing environment and operational focus.
Although the company believes that the expectations reflected in its forward-looking statements are reasonable as of today, those statements are subject to risks and uncertainties that could cause the actual results to differ dramatically from those projected. There can be no assurance that those expectations will prove to be correct. Information about the risks associated with investing in Cyngn is included in its filings with the Securities and Exchange Commission, which we encourage you to review before making an investment decision. The company does not assume any obligation to update any forward-looking statements as a result of new information, future events, changes in market conditions or otherwise, except as required by law.
On today’s call, the company’s Chairman and CEO, Lior Tal, will discuss recent operating highlights; Chief Financial Officer, Don Alvarez, will follow with a review of the company’s financials for the first quarter of 2023. Lior will then return to make a few concluding remarks before opening the floor for questions.