Matthew Venizio's questions to Cibus Inc (CBUS) leadership • Q2 2025
Question
Matthew Venizio of Alliance Global Partners inquired about a recent germplasm transfer for the Rice HT3 trait, asking if it was for a new or existing customer's field trials. He also sought clarification on the timing of initial revenues, specifically regarding the biofragrance program's shift into 2026 and whether those revenues would be royalty-based.
Answer
Co-Founder & CSO Greg Gochel confirmed the transfer was to a new U.S. customer for their own field trials. Co-Founder & Interim CEO Peter Beethen clarified that while nominal revenues from biofragrance scale-up material are expected in late 2025, the main commercial ramp and royalty-based revenue model will begin in 2026.