Cibus, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $145.0M
- Price
- $1.75
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.65%
- Volume
- 33.2K
About
Cibus, Inc., a agricultural technology company, develops and licenses plant traits to seed companies for royalties. The company primarily focus on trait productivity in two areas, including productivity traits that enable farmers to have higher yields and reduce the use of the crop protection chemicals and fertilizers; and sustainable ingredients that enable corporations to replace ingredients that are fossil fuel based or whose production results in increased greenhouse gases. The company is based in San Diego, California.
Quick stats
Shares outstanding76.3M
Computed float50.2M
Float / shares65.7%
Key info
SectorHealthcare
IndustryBiotechnology
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001705843
Websitehttps://www.cibus.com
AI Summary
AI-generated1/17
minorbullishearnings
Cibus Reports Second Quarter Financial Results and Provides Business Update
Cibus reported Q2 revenue of $994,000, up from $933,000 a year ago, while narrowing its net loss to $22.1 million, or $0.29 per share, compared to a loss of $26.6 million in the prior year quarter. The company significantly improved its cash efficiency, with quarterly net cash usage declining 19% sequentially and 31% year-over-year, though it projects current cash reserves will only sustain operations into early Q1 2027.
Operationally, Cibus advanced its Rice trait programs with partner Interoc, expanding the scope of their relationship to five traits, and highlighted a favorable regulatory shift in the European Union where gene-edited crops without foreign DNA will now be treated as conventionally bred. Management also noted progress in its Sustainable Ingredients program, targeting additional scale-up orders in the second half of 2026.
Leadership changes included the appointment of Craig Wichner as CEO in June, while the company reaffirmed its focus on converting its platform into revenue through disciplined commercial execution. Despite the operational improvements, the short liquidity runway remains a critical focus for management.
Red flags
- Cash runway projected to last only into early Q1 2027
- Company remains pre-profit with $22.1M net loss in Q2