SAN DIEGO (AP) — SAN DIEGO (AP) — Cibus, Inc. (CBUS) on Thursday reported a loss of $24.9 million in its second quarter.
On a per-share basis, the San Diego-based company said it had a loss of $1.14.
The developer and licensor of plant traits for seed companies posted revenue of $838,000 in the period.
Cibus shares have fallen 62% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.46, a decrease of 64% in the last 12 months.
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