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MERGER WITH CIBUS GLOBAL (Tables)
 6 Months Ended
Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price for Merger Transaction The purchase price for Cibus Global was determined as follows:

Number of shares of Common Stock received by Cibus Global, LLC equityholders as merger consideration (1)20,150,838 
Multiplied by the fair value per share of Cibus, Inc. Class A Common Stock (2)$31.50 
Purchase price$634,751,397 


(1) This share number represents the aggregate number of shares of Common Stock issued to Cibus Global members in the Merger Transactions and comprises: 15,508,202 shares of Class A Common Stock and 4,642,636 shares of Class B Common Stock. This share number excludes 1,019,282 shares of Class A Restricted Stock, which will be treated as issued and outstanding for financial statement presentation purposes only after such awards have vested and, therefore, have ceased to be subject to a risk of forfeiture.(2) Reflects the purchase price per share of the Company's Class A Common Stock, which was the closing price of the Class A Common Stock on May 31, 2023, the closing date of the Merger Transactions.
Schedule of Recognized the Preliminary Allocation of the Consideration The following table sets forth the preliminary allocation of the consideration:

In ThousandsMay 31, 2023
Cash and cash equivalents$59,381 
Accounts receivable2,216 
Due from related parties, net19 
Note receivable2,500 
Prepaid expenses and other current assets2,535 
Property, plant and equipment10,588 
Operating lease right-of-use-assets9,519 
Goodwill585,266 
Intangible assets135,429 
Other non-current assets457 
Accounts payable(5,582)
Accrued expenses(3,477)
Accrued compensation(2,859)
Due to related parties(8)
Deferred revenue(1,186)
Current portion of notes payable(517)
Current portion of operating lease obligations(4,687)
Current portion of financing lease obligations(165)
Other current liabilities(17)
Notes payable, net of current portion(749)
Operating lease obligations, net of current portion(6,006)
Financing lease obligations, net of current portion(10)
Royalty liability - related parties(146,360)
Other non-current liabilities(1,536)
Consideration transferred$634,751 
Schedule of Finite-Lived Intangible Assets Acquired in Merger Transaction Intangible assets acquired, and their related estimated average useful lives, are as follows:

In Thousands, except useful lifeMay 31, 2023Estimated Average Useful Life (Years)
In-process research and development$99,051 Indefinite
Developed technology14,148 20
Trade name22,230 20
Total$135,429 
Schedule of Indefinite-Lived Intangible Assets Acquired in Merger Transaction Intangible assets acquired, and their related estimated average useful lives, are as follows:

In Thousands, except useful lifeMay 31, 2023Estimated Average Useful Life (Years)
In-process research and development$99,051 Indefinite
Developed technology14,148 20
Trade name22,230 20
Total$135,429 
Business Acquisition, Pro Forma Information These unaudited proforma figures have been prepared as though the business combination had occurred on January 1, 2022. Pro forma adjustments have been made to reflect non-recurring stock compensation expense, legal and professional fees, severance costs, and amortization of acquired intangible assets, directly attributable to the business combination. The unaudited pro forma condensed financial information is not indicative of the results of operations that would have been achieved had the acquisitions reflected herein been consummated on the dates indicated or that will be achieved in the future.

Three Months Ended June 30,Six Months Ended June 30,
Unaudited and in Thousands2023202220232022
Pro forma revenues$443 $300 $679 $685 
Pro forma net loss(31,026)(2,948)(53,946)(41,638)
Pro forma net loss attributable to controlling interest(27,352)(21,683)(46,280)(36,302)
Pro forma net loss attributable to noncontrolling interest$(3,674)$(2,948)$(7,666)$(5,336)