v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,886 $ 14,433
Accounts receivable 604 1,041
Prepaid expenses and other current assets 1,752 1,472
Total current assets 26,242 16,946
Property, plant, and equipment, net 8,545 11,439
Operating lease right-of-use assets 29,783 33,254
Intangible assets, net 32,134 33,578
Goodwill 232,516 253,466
Other non-current assets 1,006 1,386
Total assets 330,226 350,069
Current liabilities:    
Accounts payable 5,982 5,964
Accrued expenses 7,338 2,281
Accrued compensation 2,655 3,309
Deferred revenue 932 932
Current portion of notes payable 662 436
Current portion of financing lease obligations 0 113
Current portion of operating lease obligations 2,703 4,287
Class A common stock warrants 59 2,268
Other current liabilities 228 288
Total current liabilities 20,559 19,878
Notes payable, net of current portion 116 226
Operating lease obligations, net of current portion 30,468 31,224
Royalty liability - related parties 225,517 199,442
Other non-current liabilities 1,537 1,468
Total liabilities 278,197 252,238
Commitments and contingencies (See Note 8)
Redeemable noncontrolling interest 0 5,674
Stockholders’ equity:    
Additional paid-in capital 879,380 825,298
Class A common stock in treasury, at cost; 81,133 shares as of September 30, 2025, and 45,177 shares as of December 31, 2024 (2,070) (1,999)
Accumulated deficit (826,965) (731,166)
Accumulated other comprehensive income 45 15
Total Cibus, Inc. stockholders' equity 50,401 92,157
Noncontrolling interest 1,628 0
Total stockholders’ equity 52,029 92,157
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity 330,226 350,069
Class A Common Stock    
Stockholders’ equity:    
Common stock 11 9
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 0 $ 0