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Cellectis (Cibus) achieved revenue growth in Q4 2024 while significantly reducing net loss compared to the prior year. Operational focus included commercialization progress, expanded strategic collaborations, and cost-cutting measures to extend cash runway.
Cellectis achieved a remarkable revenue increase in Q4 2024, reaching $28.92 million compared to just $0.28 million in the prior year. The company significantly reduced its net loss to $17.13 million from $41.79 million in Q4 2023. Operating losses improved to $21.45 million, supported by a financial gain of $4.77 million. The company ended the quarter with $264 million in cash, ensuring a runway into mid-2027.