Cibus reports pro forma combined net loss of $88.5M for nine months ended Sep 30, 2023

Cibus, Inc.

Pro forma combined net loss of $88.5M and operating loss of $71.7M for the nine months ended Sep 30, 2023.
Pro forma diluted EPS of -$3.01 for the nine months; total revenue of $1.2M.
For full year 2022, pro forma net loss of $82.1M and diluted EPS of -$4.32.
Purchase price of $634.8M ($31.50/share); goodwill of $585.3M and intangible assets of $135.4M recorded.
Merger of Cibus Global and Calyxt closed May 31, 2023; Cibus Global treated as a VIE and primary beneficiary.

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