Alex Hammond's questions to Cibus (CBUS) leadership • Q2 2025
Question
Alex Hammond from Sidoti & Company, LLC followed up on the 2026 biofragrance commercial ramp, asking if it stems from expanding with the current client or adding new customers. He also requested a comparison of the potential royalty scale for nonallergenic crops and nitrogen use efficiency relative to rice.
Answer
Interim CEO Peter Beethen confirmed the 2026 ramp is focused on a single customer, with potential for future expansion. Regarding royalties, he explained that while productivity traits are priced on farm-gate savings, quality traits like nonallergenic crops could command a considerably higher premium, though no specific figures were provided.