---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022216"
form_type: "8-K"
ticker: "CBUS"
cik: "0001705843"
company_name: "Cibus, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:27:54.152659+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cibus Q1 net loss $27.0M; cash runway into Q3 2024; EU regulatory progress and wheat platform breakthrough

## Summary
- Net loss $27.0M ($1.12 per share) vs $5.4M in prior period; year-over-year not comparable due to business combination.
- Cash and equivalents $24.5M; existing funds expected to cover operations only into Q3 2024 without new financing.
- R&D expense $12.0M (up $9.8M) and SG&A $7.0M (up $4.7M), driven by headcount, stock comp, and facility costs.
- EU Parliament voted to support NGT regulation similar to conventional breeding; wheat single-cell regeneration completed.
- Signed three rice trait agreements (Loveland Products, Interoc); soybean platform expected operational in 2024.

## SEC filing metadata
- accession: 0001628280-24-022216
- form_type: 8-K
- ticker: CBUS
- cik: 0001705843
- company_name: Cibus, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705843/000162828024022216/0001628280-24-022216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705843/000162828024022216/cbus-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022216
- JSON: https://secwatch.observer/filing/0001628280-24-022216.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022216.txt

## Key facts
- Earnings Releases
  Cibus, Inc. reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: Cibus, Inc. (the “Company”) announced its financial results for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000162828024022216/0001628280-24-022216-index.htm

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