Penny stocks are a minefield covered in dogshit. Is every penny stock a scam? No. But probably enough of them are that you may as well act as though they all are.
I'd never heard of CYRX before you posted. I googled them. In 30 seconds of research, I noted the following, from which you can draw whatever conclusions you choose -
This is the company's "Mission Statement" from its website:
CryoPort's mission is to provide the most cost effective...