Cibus, Inc.
For the period ended Dec 31, 2024. Filed Mar 20, 2025.
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FY2024 · Filed Mar 20, 2025
CBUS$1.15-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2024, and 2023
CONSOLIDATED BALANCE SHEETS
(In Thousands, Except Par Value and Share Amounts)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $14,433 | $32,699 |
| Accounts receivable | 1,041 | 530 |
| Prepaid expenses and other current assets | 1,472 | 1,991 |
| Total current assets | 16,946 | 35,220 |
| Property, plant, and equipment, net | 11,439 | 15,775 |
| Operating lease right-of-use assets | 33,254 | 21,685 |
| Intangible assets, net | 33,578 | 35,411 |
| Goodwill | 253,466 | 434,898 |
| Other non-current assets | 1,386 | 1,422 |
| Total assets | $350,069 | $544,411 |
| Liabilities, redeemable noncontrolling interest, and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $5,964 | $6,127 |
| Accrued expenses | 2,281 | 1,747 |
| Accrued compensation | 3,309 | 3,858 |
| Deferred revenue | 932 | 1,210 |
| Current portion of notes payable | 436 | 833 |
| Current portion of financing lease obligations | 113 | 187 |
| Current portion of operating lease obligations | 4,287 | 5,927 |
| Class A common stock warrants | 2,268 | 1,418 |
| Other current liabilities | 288 | 16 |
| Total current liabilities | 19,878 | 21,323 |
| Notes payable, net of current portion | 226 | 536 |
| Financing lease obligations, net of current portion | — | 113 |
| Operating lease obligations, net of current portion | 31,224 | 17,025 |
| Royalty liability - related parties | 199,442 | 165,252 |
| Other non-current liabilities | 1,468 | 1,868 |
| Total liabilities | 252,238 | 206,117 |
| Commitments and contingencies (See Note 10) | ||
| Redeemable noncontrolling interest | 5,674 | 44,824 |
| Stockholders’ equity: | ||
| Class A common stock, $0.0001 par value; 210,000,000 shares authorized; 28,258,258 shares issued and 27,939,023 shares outstanding as of December 31, 2024, and 21,240,379 shares issued and 20,567,656 shares outstanding as of December 31, 2023 | 9 | 8 |
| Class B common stock, $0.0001 par value; 90,000,000 shares authorized; 1,720,929 shares issued and outstanding as of December 31, 2024, and 3,142,636 shares issued and outstanding as of December 31, 2023 | — | — |
| Additional paid-in capital | 825,298 | 775,017 |
| Class A common stock in treasury, at cost; 45,177 shares as of December 31, 2024, and 32,663 shares as of December 31, 2023 | (1,999) | (1,785) |
| Accumulated deficit | (731,166) | (479,778) |
| Accumulated other comprehensive income | 15 | 8 |
| Total stockholders’ equity | 92,157 | 293,470 |
| Total liabilities, redeemable noncontrolling interest, and stockholders’ equity | $350,069 | $544,411 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.