secwatch.observer — SEC 8-K summary
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Issuer:     Cibus, Inc. (CBUS)
CIK:        0001705843
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001628280-25-052018
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705843/000162828025052018/0001628280-25-052018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705843/000162828025052018/cbus-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-052018

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