Cibus, Inc.

For the period ended Dec 31, 2025. Filed Mar 17, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 17, 2026

CBUS$1.15-0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets at December 31, 2025, and 2024

CONSOLIDATED BALANCE SHEETS

(In Thousands, Except Par Value and Share Amounts)

	As of December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$9,923	$14,433
Accounts receivable	503	1,041
Prepaid expenses and other current assets	1,643	1,472
Total current assets	12,069	16,946
Property, plant, and equipment, net	6,300	11,439
Operating lease right-of-use assets	21,557	33,254
Intangible assets, net	31,679	33,578
Goodwill	232,516	253,466
Other non-current assets	926	1,386
Total assets	$305,047	$350,069
Liabilities, redeemable noncontrolling interest, and stockholders’ equity
Current liabilities:
Accounts payable	$8,070	$5,964
Accrued expenses	1,946	2,281
Accrued compensation	3,061	3,309
Deferred revenue	536	932
Current portion of notes payable	435	436
Current portion of financing lease obligations	—	113
Current portion of operating lease obligations	2,731	4,287
Class A common stock warrants	79	2,268
Other current liabilities	—	288
Total current liabilities	16,858	19,878
Notes payable, net of current portion	93	226
Operating lease obligations, net of current portion	29,783	31,224
Royalty liability - related parties	234,923	199,442
Other non-current liabilities	1,561	1,468
Total liabilities	283,218	252,238
Commitments and contingencies (See Note 9)
Redeemable noncontrolling interest	—	5,674
Stockholders’ equity:
Class A common stock, $0.0001 par value; 210,000,000 shares authorized; 54,604,232 shares issued and 54,325,852 shares outstanding as of December 31, 2025, and 28,258,258 shares issued and 27,939,023 shares outstanding as of December 31, 2024	11	9
Class B common stock, $0.0001 par value; 90,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025, and 1,720,929 shares issued and outstanding as of December 31, 2024	—	—
Additional paid-in capital	882,171	825,298
Class A common stock in treasury, at cost; 193,195 shares as of December 31, 2025, and 45,177 shares as of December 31, 2024	(2,141)	(1,999)
Accumulated deficit	(858,251)	(731,166)
Accumulated other comprehensive income	39	15
Total stockholders’ equity	21,829	92,157
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity	$305,047	$350,069

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.