22nd Century Group, Inc. financial data

Symbol
XXII on Nasdaq
Industry
Cigarettes
Location
8560 Main Street, Suite 4, Williamsville, New York
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Touchstone Mining LTD (to 11/2/2010)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 93.3 % -68.1%
Quick Ratio 32.6 % -45.8%
Debt-to-equity 264 % +921%
Return On Assets -213 % -415%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 55.7M shares -74.2%
Common Stock, Shares, Outstanding 3.6M shares -98.3%
Entity Public Float 84M USD -80%
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.17M shares +274%
Weighted Average Number of Shares Outstanding, Diluted 3.17M shares +274%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 29.7M USD -26.3%
Research and Development Expense 2.34M USD -26.1%
Operating Income (Loss) -39M USD -8.55%
Nonoperating Income (Expense) -10.3M USD -304%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -49.3M USD -28.1%
Income Tax Expense (Benefit) 47K USD +124%
Net Income (Loss) Attributable to Parent -128M USD -148%
Earnings Per Share, Basic 11.3 USD/shares +86.3%
Earnings Per Share, Diluted 11.3 USD/shares +86.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.52M USD -86.1%
Accounts Receivable, after Allowance for Credit Loss, Current 1.75M USD -80.9%
Inventory, Net 2.89M USD -72.6%
Assets, Current 13.7M USD -66.7%
Property, Plant and Equipment, Net 3.24M USD -77.4%
Operating Lease, Right-of-Use Asset 1.83M USD -65.5%
Intangible Assets, Net (Excluding Goodwill) 5.82M USD -68.3%
Goodwill 0 USD -100%
Other Assets, Noncurrent 15K USD -99.6%
Assets 24.6M USD -80.2%
Accounts Payable, Current 5.05M USD +9.65%
Employee-related Liabilities, Current 466K USD -63.5%
Accrued Liabilities, Current 1.45M USD -77%
Contract with Customer, Liability, Current 376K USD +46.3%
Liabilities, Current 25.3M USD +49.8%
Operating Lease, Liability, Noncurrent 1.64M USD -64.5%
Other Liabilities, Noncurrent 1.21M USD -77.8%
Liabilities 36.2M USD -15.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -30K USD +94.1%
Retained Earnings (Accumulated Deficit) -384M USD -50.1%
Stockholders' Equity Attributable to Parent -11.6M USD -114%
Liabilities and Equity 24.6M USD -80.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.26M USD +87.1%
Net Cash Provided by (Used in) Financing Activities 1.7M USD -90.7%
Net Cash Provided by (Used in) Investing Activities 15K USD -99.9%
Common Stock, Shares Authorized 250M shares -16.7%
Common Stock, Shares, Issued 3.6M shares -98.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -541K USD -104%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.52M USD -91.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.31M USD +3762%
Deferred Tax Assets, Valuation Allowance 64.8M USD +62.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 66M USD +62.3%
Operating Lease, Liability 1.93M USD -31.7%
Depreciation 852K USD +26.6%
Payments to Acquire Property, Plant, and Equipment 7K USD -99.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -128M USD -87.2%
Lessee, Operating Lease, Liability, to be Paid 2.51M USD -33.4%
Property, Plant and Equipment, Gross 7.77M USD +4.63%
Operating Lease, Liability, Current 238K USD -72.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 403K USD -42.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 396K USD -52.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +49.2%
Deferred Income Tax Expense (Benefit) 434K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 585K USD -38.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 422K USD -37.6%
Deferred Tax Assets, Operating Loss Carryforwards 54.5M USD +60%
Deferred Federal Income Tax Expense (Benefit) -11.4M USD -71.7%
Current Income Tax Expense (Benefit) 40K USD +186%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 430K USD +96.3%
Operating Lease, Payments 436K USD +58%
Additional Paid in Capital 373M USD +10.7%
Current State and Local Tax Expense (Benefit) 40K USD +186%
Amortization of Intangible Assets 597K USD -3.71%
Depreciation, Depletion and Amortization 2.86M USD +129%
Deferred State and Local Income Tax Expense (Benefit) -736K USD +83.3%
Interest Expense 1.02M USD +210%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%