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AI brief of an SEC Form 8-K · Cibus, Inc. (CBUS)

Cibus Q1 revenue rises to $1.7 million; net loss narrows to $21.2 million

Positive Impact 3 of 5 earnings Written later

Cibus reported first-quarter 2026 results, with revenue of $1.7 million, up from $1.0 million a year earlier, and a net loss of $21.2 million, down from $49.4 million. The prior-year loss included a $21.0 million goodwill impairment, and the company also pushed its U.S. Rice launch target from 2028 to 2029.

Key points

  • Revenue was $1.7 million for the quarter ended March 31, 2026, versus $1.0 million a year earlier.
  • Net loss was $21.2 million, or $0.33 per share, compared with $49.4 million, or $1.34 per share, a year earlier.
  • The year-earlier period included a $21.0 million goodwill impairment; none was recorded in Q1 2026.
  • Cash and cash equivalents were $30.3 million at March 31, 2026, which the company expects to fund operations into late in the first quarter of 2027.

The filing

CompanyCibus, Inc. (CBUS)
Form8-K, current report
Filed with the SECMay 14, 2026, 4:11 PM ET
Accession number0001628280-26-035105

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.