---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028651"
form_type: "8-K"
ticker: "CBUS"
cik: "0001705843"
company_name: "Cibus, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:42:40.848300+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cibus Q2 2023 net loss $20.5M; reports business progress with trait transfers and Bayer collaboration

## Summary
- Net loss of $20.5M ($3.05 per share) vs $2.5M loss in prior-year quarter; cash $50.9M expected into Q1 2024.
- Closed merger of Cibus Global and Calyxt on May 31, 2023; first trait transfers to Nuseed (canola pod shatter) and Nutrien (rice HT1/HT3) completed.
- Opened 32,000 sq ft Oberlin facility in San Diego for semi-automated high-throughput gene editing trait production.
- Entered collaboration with Bayer Ag to evaluate Cibus' Trait Machine platform for precision gene editing.
- EU regulation proposal would treat Cibus' gene-edited traits as 'conventional-like', opening EU market if adopted.

## SEC filing metadata
- accession: 0001628280-23-028651
- form_type: 8-K
- ticker: CBUS
- cik: 0001705843
- company_name: Cibus, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705843/000162828023028651/0001628280-23-028651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705843/000162828023028651/cbus-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028651
- JSON: https://secwatch.observer/filing/0001628280-23-028651.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028651.txt

## Key facts
- Earnings Releases
  Cibus, Inc. reported financial results for three months ended June 30, 2023.
  - Period: three months ended June 30, 2023
  - Result: reported results
  source text: On August 9, 2023, Cibus, Inc. (the “Company”) announced its financial results for the three months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000162828023028651/0001628280-23-028651-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.