22ND CENTURY GROUP, INC. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

You can see similar for other companies.

22ND CENTURY GROUP, INC. - Annual Income Statement (In Thousands of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31
Revenues, net	24382	32204
Cost of goods sold	14278	24891
Excise taxes and fees on products	12504	16009
Gross (loss) profit	-2400	-8696
Sales, general and administrative	10287	31064
Research and development	1133	2644
Other operating expense, net	-130	-2527
Total operating expenses	11550	36235
Operating loss from continuing operations	-13950	-44931
Other income (expense), net	507	334
Loss on transfer of promissory note		-895
Interest income, net	72	219
Interest expense	2094	9366
Total other income (expense), net	-1515	-9708
Loss from continuing operations before income taxes	-15465	-54639
Provision for income taxes	30	47
Net loss from continuing operations	-15495	-54686
Income (loss) from discontinued operations before income taxes	331	-85634
Provision for income taxes	30	47
Net income (loss) from discontinued operations	331	-86089
Net loss	-15164	-140775
Deemed dividends	10303	9992
Net loss available to common shareholders	-25467	-150767
Basic loss per common share from continuing operations (in dollars per share)	-105.85	-5776.63
Basic income (loss) per common share from discontinued operations (in dollars per share)	2.26	-9093.89
Basic loss per common share from deemed dividends (in dollars per share)	-70.38	-1055.47
Basic Earnings Per Share	-173.97	-15925.99
Diluted loss per common share from continuing operations (in dollars per share)	-105.85	-5776.63
Diluted income (loss) per common share from discontinued operations (in dollars per share)	0.24	-9093.89
Diluted loss per common share from deemed dividends (in dollars per share)	-70.38	-1055.47
Diluted Earnings Per Share	-175.99	-15925.99
Basic Weighted Average Shares Outstanding	146.392	9.467
Diluted Weighted Average Shares Outstanding	1389.983	9.467