Cibus, Inc. (CBUS) Stock

Cibus, Inc. (CBUS) is a Materials stock trading at $1.70 (as of 2026-08-21), with a market capitalization of $130.10M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Unable to draft the requested description because the SEC 10-K “Business” (Item 1) source text for Cibus, Inc. was not provided, and the description must be based only on that primary source.

Understand Cibus, Inc.: how it makes money

Cibus develops and licenses plant traits to seed companies, earning royalties when those traits are commercialized.

Cibus is positioned to generate royalties from licensed plant traits, so profitability is structurally driven by how widely its seed-company customers commercialize those traits (measured through USDA acre determinations, customer counts, and the acres accessible under its agreements).

Business quality (Weak): Clear business model (trait licensing for royalties), but limited segment disclosure and very large operating losses in the latest reported quarter.

Bull case

  • US commercial validation shows up in the KPI: The company tracks Positive United States Department of Agriculture Acre Determinations (17 count).
  • Trait commercialization pipeline is reflected in customer and acreage metrics: It reports multiple related adoption indicators, including the Number of Canola and Winter Oilseed Rape Customers for Developed and Advanced Traits (10 count) and customer accessible acres under developed pod shatter reduction trait (7000000 count).

Bear case

  • Loss-making at the operating level: For the quarter ended 2026-03-31, the company reported an operating margin of -721.0%.
  • Royalty model can be sensitive to adoption and timing: Because the model depends on trait licensing and downstream commercialization by seed customers, delays in approvals, trait adoption, or agreement coverage can pressure results.
Valuation — source: SEC EDGAR (first-party)
Price$1.70
Market Cap$130.10M
Price / Book8.79
Price / Sales29.93
FCF Yield-35.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.64M
Net Margin-3492.3%
Revenue Growth (YoY)6.5%
EPS Growth (YoY)-52.5%
FCF Growth (YoY)-31.6%
Financial Health — source: SEC EDGAR
Altman Z-Score-4.84 (distress)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Chemicals)31.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($22.62M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryChemicals
CEOPeter R. Beetham
Employees157
CountryUS
IPO Date2017-07-20

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CBUS earnings history · CBUS institutional & insider holders · CBUS KPIs & operating metrics · CBUS financials · CBUS investor presentations & press releases · CBUS SEC filings · CBUS peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.