Cibus Q2 2026 net loss narrows to $22.1 million as revenue rises to $994,000
Cibus reported second-quarter 2026 results, with revenue of $994,000 versus $933,000 a year earlier and a net loss of $22.1 million versus $26.6 million. Loss per Class A share was $0.29 compared with $0.61, and the company said it expects cash to fund planned operations into early in the first quarter of 2027. Shareholders get a smaller loss and higher revenue, but cash of $20.4 million remains limited and the company may pursue financing.
Key points
- Q2 2026 revenue was $994,000 versus $933,000 in Q2 2025; net loss was $22.1 million versus $26.6 million.
- Net loss per Class A share was $0.29 versus $0.61 a year earlier, which the company attributed mainly to cost reduction initiatives and higher weighted average shares.
- Cash and cash equivalents were $20.4 million as of June 30, 2026; the company expects this to fund operations into early Q1 2027 before any potential financing.
- The company expects an annual net cash usage run-rate of about $35 million exiting 2026. Craig Wichner was appointed CEO effective June 8, 2026.
The filing
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 August 13, 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.