XXII: financial statements from SEC — TradeAlmanac

XXII

22nd Century Group, Inc: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31 Mar 2026	30 Sept 2025	30 Jun 2025	31 Mar 2025	30 Sept 2024	30 Jun 2024
Revenue	4M	4M	4M	6M	6M	8M
Cost of revenue	2M	3M	3M	3M	3M	4M
Research and development	285,000	193,000	227,000	162,000	240,000	250,000
Selling, general and administrative	2M	2M	2M	2M	3M	2M
Operating expenses	2M	2M	2M	2M	3M	3M
Operating income	−3M	−3M	−3M	−3M	−3M	−2M
Pre-tax income	−3M	−4M	−3M	−3M	−4M	−2M
Income tax	—	—	−34,000	—	—	26,000
Net income	−3M	5M	−3M	−4M	−4M	−1M
Earnings per share	−18.08	1.55	−13.61	−2.50	−1,760.26	−593.72
Earnings per share, diluted	−18.08	−0.28	−13.61	−2.50	−1,760.26	−593.72
Weighted average shares	595,344	4M	250,368	2M	4,223	2,624
Weighted average shares, diluted	595,344	12M	250,368	2M	7,182	2,624

Balance sheet

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	10M	7M	5M	3M	1M	4M	5M	1M
Receivables	5M	4M	3M

Cash flow

Metric	31 Mar 2026	31 Mar 2025
Operating cash flow	−3M	−3M
Share-based compensation	238,000	26,000
Capital expenditure	40,000	10,000
Investing cash flow	−47,000	−59,000
Financing cash flow	6M	−254,000

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator