Cibus, Inc. (CBUS) Q1 2026 Earnings Call Transcript
Cibus (CBUS) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to a loss of $0.74 per share a year ago.
Cibus NASDAQ: CBUS reported first-quarter 2026 results and said it is advancing toward commercialization across its rice and sustainable ingredients programs, while also reducing expenses and extending its cash runway into late in the first quarter of 2027.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 16,487 | $323,804.68 | $35,941.66 | -$287,863.02 | -88.9% |
| DS Derek Swedberg PACK Private Wealth LLC | 15,478 | $26,931.72 | $31,729.9 | $4,798.18 | 17.82% |
Bruce Wheadon Transce3nd, LLC | 31,124 | $68,966.26 | $57,735.02 | -$11,231.24 | -16.29% |
Avi Kantor Certior Financial Group LLC | 318,203 | $646,475.45 | $566,401.34 | -$80,074.11 | -12.39% |
| Biotechnology Industry | Healthcare Sector | Peter Beetham CEO | NASDAQ (CM) Exchange | 17166A101 CUSIP |
| US Country | 118 Employees | - Last Dividend | 25 Apr 2023 Last Split | - IPO Date |
Cibus, Inc., a pioneering agricultural biotechnology company headquartered in San Diego, California, specializes in the development and licensing of innovative plant traits to seed companies. In return for these advanced traits, Cibus, Inc. earns royalties, fueling its mission to revolutionize agriculture. The company's primary focus lies in enhancing crop productivity and sustainability. By offering traits that significantly boost yields while simultaneously reducing the need for harmful crop protection chemicals and fertilizers, Cibus, Inc. is at the forefront of sustainable agricultural solutions. Additionally, the company is a key player in the development of sustainable ingredients aimed at replacing fossil fuel-based products or those whose production contributes to the rise in greenhouse gases, aligning with global efforts to combat climate change.
Cibus, Inc. offers groundbreaking trait productivity enhancements geared toward empowering farmers with the ability to achieve higher yields from their crops. These innovative traits are designed not only to boost productivity but also to reduce the reliance on traditional crop protection chemicals and fertilizers. Through such developments, Cibus, Inc. aims to provide more efficient, environmentally friendly farming practices that can meet the world's growing food demands without compromising the health of our planet.
Another key area of Cibus, Inc.'s expertise is the development of sustainable ingredients. These ingredients are intended to replace those derived from fossil fuels or produced in ways that result in increased greenhouse gas emissions. By focusing on this initiative, Cibus, Inc. is helping various corporations transition towards more sustainable, eco-friendly raw material sources. This pivot not only supports global efforts to reduce carbon footprints but also paves the way for the creation of products that are more in harmony with the environment, offering a greener alternative to traditional ingredients.