Cibus, Inc.

Good afternoon and welcome to the CBIT's second quarter 2026 earnings call. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please also note, today's event is being recorded. At this time, I would like to turn the conference call over to Carlo Bruce, Interim Chief Financial Officer. Sir, please go ahead.

Thank you and good afternoon. I would like to thank you for taking the time to join us for CBIS second quarter 2026 financial results and business update conference call and webcast. Presenting with me today is Craig Wichner, our chief executive officer, and Peter Beetham, co-founder, president, and chief operating officer. Greg Gocal, chief scientific officer, is available to participate during the Q&A portion of the call. Before we begin the call, I'd like to remind everyone that statements made on the call and webcast, including those regarding future financial results and future operational goals and industry prospects, are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the call. Please refer to CBIS SEC filings for a list of associated risks. The conference call is being webcast. The webcast link, along with our press release and corporate presentation, are available on the Investor Relations section of CBUS.com to assist you in your analysis of our business. And with that, I would like to turn the call now over to Craig.

Thank you, Carlo, and good afternoon, everyone. This is my first earnings call as CEO, and I want to start with why I'm here. CBUS has built something rare over 25 years. I joined the SEVIS board because the technology and the people are world-class, and I accepted the job of CEO because I believe we can generate revenue at scale. That is my mission. I studied biochemistry and molecular biology at UC San Diego, in the city where our labs are today, and I spent more than 30 years building technology companies and managing investments. For the last 17 of those years, I've managed organic and regenerative farmland on behalf of investors. where we drove higher returns on assets through the implementation of technology and smarter farming practices. And we now have over $400 million of pristine cropland in Washington State, California, and Oregon. I know firsthand the pressures that growers are under. Fertilizer costs more than it used to, and every grower I know is looking for a way to get more out of what they can afford. That is who CBIS serves. A grower works with what is in front of them, equipment, water, chemistry, better practices in the field. The seed is at the top of that list. It is the first decision of the season and the one you cannot take back, and it sets the ceiling that everything else is working towards. Seed innovation has been remarkable in corn and soybeans. For most other crops it has been far slower because breeding takes years and is unpredictable. Thank you for joining us. Thank you for joining us today. That advantage compounds too. It can put them a generation or two ahead of their competition within a decade. This capability is what informs our path ahead. Because the platform is scalable, it allows us to be nimble as we assess market and customer needs. That is the most important idea I want to leave with you today, because it is how I want you to understand CBIS going forward. The same platform, the same foundational work, Thank you for joining us today. for example, where we earn a royalty on every acre planted with our traits. It begins to scale with our commercial launches, starting in Latin America, and it compounds over time as adoption grows. The third is deepening those same partnerships over time. What we offer a partner is a pipeline of traits, higher yields, resistance to disease, better quality crops for their own customers, Not one edit in one crop, but a steady supply of improvements across their portfolio. As those relationships mature, we become an extension of their breeding program, and the trust we earn in the first two tiers is what makes that reachable for us. This framework for how we think about and operate our business provides us with the optionality and allows us to match the right model to each market opportunity. In row crops, where a small number of large seed companies dominate, The rational approach is to license our traits to that industry and earn royalties on every acre planted. We become a technology partner that accelerates their pipeline. For partners who are set up to work with us directly, we contract for platform access. As those relationships mature and partners open up their product development roadmaps to SEVIS, that partnership deepens. That is what the scalability of our platform gives us, the flexibility to leverage a singular project into a broader opportunity set that may cover an entire crop or ingredient strategy in a time-bound, predictable, and resource-efficient manner. Again, I joined the CBIS board nine months ago, so I came in knowing the company. Over the past two months as CEO, my conviction has grown. I've spent most of my time with our teams, and what I've found is traits and programs built up over 25 years across many crops, much of it closer to product than most people would expect. Peter will take you through where those stand. I am reviewing every program, every expense, and every opportunity with a simple lens. What drives near-term revenue, what strengthens the balance sheet, and what unlocks the value we have already built. We will run this company with capital discipline. We are prioritizing resource allocation and increasing our investment in technology and AI to make our team more productive. Before I hand it over, I want to thank Peter for welcoming me to the team and for the capabilities he continues to add to it as president and chief operating officer. Peter is a co-founder of this company, and he has led it through multiple phases of growth. My plan builds directly on the foundation that he and many other members of the team created. With that, let me hand it to Peter to walk through our commercial progress. Peter?