Cibus — Third Quarter 2026 Earnings Summary

Cibus reported a net loss of $21.9 million for the third quarter of 2026, with cash used in operating activities decreasing by approximately 19% year-over-year to $9.3 million. The company advanced its Rice herbicide-tolerance traits into customer field trials in Ecuador and initiated manufacturing for two biofragrance products, which represent a potential $100 million peak annual revenue opportunity. Regulatory progress included U.S. FDA clearance for an altered-lignin Alfalfa trait and European Union legislation treating precise genomic edits as conventional breeding. Cibus anticipates exiting 2026 with an annualized net cash usage run rate of approximately $35 million, supported by a cash balance of $10.7 million as of September 30, 2026.