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Side-by-side financial comparison of Cibus, Inc. (CBUS) and RELMADA THERAPEUTICS, INC. (RLMD). Click either name above to swap in a different company.

RELMADA THERAPEUTICS, INC. is the larger business by last-quarter revenue ($1.3M vs $1.1M, roughly 1.2× Cibus, Inc.). On growth, RELMADA THERAPEUTICS, INC. posted the faster year-over-year revenue change (13.0% vs -12.8%). Over the past eight quarters, RELMADA THERAPEUTICS, INC.'s revenue compounded faster (95.4% CAGR vs 39.3%).

Cibus, Inc. is a leading agricultural biotechnology firm specializing in precision gene editing technologies to develop improved, sustainable crop traits. Its solutions include herbicide tolerance, disease and pest resistance, and enhanced yield characteristics for major row crops, serving global agricultural markets, seed producers, and farming communities to reduce environmental impact and boost operational efficiency.

Relmada Therapeutics, Inc. is a clinical-stage biotechnology company dedicated to developing novel therapies for central nervous system disorders. Its lead product candidate targets treatment-resistant depression, with ongoing clinical trials to address unmet medical needs in its primary markets of North America and Europe.

CBUS vs RLMD — Head-to-Head

Bigger by revenue
RLMD
RLMD
1.2× larger
RLMD
$1.3M
$1.1M
CBUS
Growing faster (revenue YoY)
RLMD
RLMD
+25.8% gap
RLMD
13.0%
-12.8%
CBUS
Faster 2-yr revenue CAGR
RLMD
RLMD
Annualised
RLMD
95.4%
39.3%
CBUS

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
CBUS
CBUS
RLMD
RLMD
Revenue
$1.1M
$1.3M
Net Profit
$-31.3M
Gross Margin
Operating Margin
-2135.7%
-2130.6%
Net Margin
-2959.9%
Revenue YoY
-12.8%
13.0%
Net Profit YoY
-35.4%
EPS (diluted)
$-0.39
$-0.84

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CBUS
CBUS
RLMD
RLMD
Q4 25
$1.1M
Q3 25
$615.0K
Q2 25
$933.0K
Q1 25
$1.0M
Q4 24
$1.2M
Q3 24
$1.7M
Q2 24
$838.0K
Q1 24
$545.0K
Net Profit
CBUS
CBUS
RLMD
RLMD
Q4 25
$-31.3M
Q3 25
$-23.5M
Q2 25
$-25.4M
Q1 25
$-46.9M
Q4 24
$-23.1M
Q3 24
$-180.0M
Q2 24
$-24.9M
Q1 24
$-23.4M
Operating Margin
CBUS
CBUS
RLMD
RLMD
Q4 25
-2135.7%
Q3 25
-2510.2%
Q2 25
-1923.5%
Q1 25
-4020.4%
Q4 24
-1487.1%
Q3 24
-12023.8%
Q2 24
-2563.5%
Q1 24
-3385.9%
Net Margin
CBUS
CBUS
RLMD
RLMD
Q4 25
-2959.9%
Q3 25
-3827.8%
Q2 25
-2719.4%
Q1 25
-4534.4%
Q4 24
-1906.1%
Q3 24
-10795.9%
Q2 24
-2969.3%
Q1 24
-4300.0%
EPS (diluted)
CBUS
CBUS
RLMD
RLMD
Q4 25
$-0.39
Q3 25
$-0.44
Q2 25
$-0.61
Q1 25
$-1.34
Q4 24
$-0.94
Q3 24
$-7.63
Q2 24
$-1.14
Q1 24
$-1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBUS
CBUS
RLMD
RLMD
Cash + ST InvestmentsLiquidity on hand
$9.9M
$96.3M
Total DebtLower is stronger
$528.0K
Stockholders' EquityBook value
$21.8M
$85.4M
Total Assets
$305.0M
$97.6M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBUS
CBUS
RLMD
RLMD
Q4 25
$9.9M
Q3 25
$23.9M
Q2 25
$36.5M
Q1 25
$23.6M
Q4 24
$14.4M
Q3 24
$28.8M
Q2 24
$30.0M
Q1 24
$24.5M
Total Debt
CBUS
CBUS
RLMD
RLMD
Q4 25
$528.0K
Q3 25
Q2 25
Q1 25
Q4 24
$662.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CBUS
CBUS
RLMD
RLMD
Q4 25
$21.8M
Q3 25
$50.4M
Q2 25
$72.1M
Q1 25
$70.3M
Q4 24
$92.2M
Q3 24
$108.1M
Q2 24
$270.5M
Q1 24
$278.2M
Total Assets
CBUS
CBUS
RLMD
RLMD
Q4 25
$305.0M
Q3 25
$330.2M
Q2 25
$346.2M
Q1 25
$335.0M
Q4 24
$350.1M
Q3 24
$367.9M
Q2 24
$553.4M
Q1 24
$533.0M
Debt / Equity
CBUS
CBUS
RLMD
RLMD
Q4 25
0.02×
Q3 25
Q2 25
Q1 25
Q4 24
0.01×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBUS
CBUS
RLMD
RLMD
Operating Cash FlowLast quarter
$-13.4M
$-10.2M
Free Cash FlowOCF − Capex
$-13.5M
FCF MarginFCF / Revenue
-1277.8%
Capex IntensityCapex / Revenue
8.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-51.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBUS
CBUS
RLMD
RLMD
Q4 25
$-13.4M
Q3 25
$-11.7M
Q2 25
$-13.6M
Q1 25
$-11.8M
Q4 24
$-14.0M
Q3 24
$-13.5M
Q2 24
$-17.0M
Q1 24
$-13.5M
Free Cash Flow
CBUS
CBUS
RLMD
RLMD
Q4 25
$-13.5M
Q3 25
$-11.8M
Q2 25
$-13.7M
Q1 25
$-12.1M
Q4 24
$-14.1M
Q3 24
$-13.9M
Q2 24
$-17.2M
Q1 24
$-13.7M
FCF Margin
CBUS
CBUS
RLMD
RLMD
Q4 25
-1277.8%
Q3 25
-1926.5%
Q2 25
-1468.1%
Q1 25
-1172.0%
Q4 24
-1159.3%
Q3 24
-832.3%
Q2 24
-2054.5%
Q1 24
-2515.2%
Capex Intensity
CBUS
CBUS
RLMD
RLMD
Q4 25
8.1%
Q3 25
17.6%
Q2 25
10.0%
Q1 25
28.1%
Q4 24
4.6%
Q3 24
21.3%
Q2 24
20.2%
Q1 24
41.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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