3. Dissolution of Subsidiary 
 

Cyngn Singapore PTE. LTD. ("Cyngn-SG"), a Singaporean limited company organized in 2015, was the Company's wholly owned subsidiary and has been dormant for several years, with no active operations. Cyngn-SG was struck off and dissolved by the Accounting and Corporate Regulatory Authority of Singapore ("ACRA") on March 28, 2026. The Company was notified of Cyngn-SG's strike off by ACRA in the second quarter of 2026 and recorded the related deconsolidation in its financial statements for the quarter then ended, upon obtaining knowledge of the dissolution and the information necessary to quantify its effect. The dissolution did not result in a significant loss to the Company.

In accordance with ASC 810-10-40-4A, upon loss of control of a subsidiary, the Company derecognized the assets, liabilities, and equity components attributable to Cyngn-SG, including amounts previously recognized in accumulated other comprehensive income.