Cibus Q3 net loss $24.3M; $23.9M cash; signs 7 Rice customers

Cibus, Inc.

2025-Q3 EPS reported -$2.21 revenue$2,582,000

Net loss $24.3M ($0.44/share) vs $201.5M year-ago which included $181.4M goodwill impairment.
Cash $23.9M at Sep 30; expects to fund into early Q2 2026 without new financing.
Signed 7 Rice customer agreements; estimated 5-7M addressable acres, >$200M potential annual royalty.
Completed pre-commercial biofragrance pilot; first payment received in Q4; commercial expansion targeted 2026.
Targeting $30M annual net cash use by 2026; appointed Kimberly Box and Craig Wichner to board.

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