Financial Snapshot

Revenue
$52.57M
TTM
Gross Margin
-11.79%
TTM
Net Earnings
-$161.4M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
109.17%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.472M
Q3 2024
Cash
Q3 2024
P/E
-0.02637
Nov 29, 2024 EST
Free Cash Flow
-$16.13M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Revenue $32.20M $62.11M $30.95M $28.11M $25.83M $26.43M $16.60M $12.28M $8.522M $529.0K $7.278M $18.78K $1.012M $49.78K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -48.15% 100.69% 10.09% 8.82% -2.25% 59.19% 35.18% 44.1% 1510.99% -92.73% 38666.35% -98.15% 1933.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Revenue $32.20M $62.11M $30.95M $28.11M $25.83M $26.43M $16.60M $12.28M $8.522M $529.0K $7.278M $18.78K $1.012M $49.78K $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $40.90M $60.94M $28.88M $26.67M $25.82M $25.53M $17.31M $12.71M $9.103M $498.4K $461.7K $67.97K $418.2K $27.96K
Gross Profit -$8.696M $1.174M $2.069M $1.438M $14.45K $899.0K -$707.9K -$429.7K -$580.6K $30.56K $6.817M -$49.19K $594.0K $21.82K
Gross Profit Margin -27.0% 1.89% 6.69% 5.12% 0.06% 3.4% -4.26% -3.5% -6.81% 5.78% 93.66% -262.01% 58.68% 43.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Selling, General & Admin $30.88M $44.52M $25.88M $14.97M $12.95M $8.585M $8.278M $7.775M $9.118M $8.909M $4.116M $2.267M $2.072M $80.00K $50.00K $80.00K $30.00K $60.00K $0.00
YoY Change -30.64% 72.01% 72.87% 15.57% 50.89% 3.7% 6.48% -14.73% 2.34% 116.47% 81.52% 9.45% 2489.47% 60.0% -37.5% 166.67% -50.0%
% of Gross Profit 3791.91% 1250.89% 1041.1% 89647.06% 954.96% 29158.78% 60.38% 348.77% 366.64%
Research & Development $2.000M $6.561M $3.274M $4.128M $8.057M $14.99M $3.366M $2.341M $1.571M $1.216M $744.2K $729.2K $2.098M $363.8K
YoY Change -69.52% 100.4% -20.69% -48.77% -46.25% 345.27% 43.81% 48.98% 29.17% 63.46% 2.06% -65.24% 476.72%
% of Gross Profit 558.86% 158.24% 287.07% 55758.82% 1667.4% 3981.29% 10.92% 353.21% 1667.19%
Depreciation & Amortization $3.951M $2.858M $633.0K $688.0K $589.0K $1.200M $849.0K $744.2K $676.3K $462.8K $144.3K $200.0K $180.0K
YoY Change 38.24% 351.5% -7.99% 16.81% -50.91% 41.32% 14.09% 10.04% 46.14% 220.73% -27.86% 11.11%
% of Gross Profit 243.44% 30.59% 47.84% 4076.12% 133.46% 1514.55% 2.12% 30.3%
Operating Expenses $33.58M $58.28M $30.48M $20.62M $23.58M $24.92M $12.59M $10.96M $11.46M $11.80M $5.004M $2.997M $4.170M $363.8K $50.00K $80.00K $30.00K $60.00K $0.00
YoY Change -42.39% 91.2% 47.82% -12.55% -5.37% 97.89% 14.91% -4.41% -2.84% 135.76% 67.0% -28.13% 1046.17% 627.56% -37.5% 166.67% -50.0%
Operating Profit -$42.27M -$57.11M -$28.41M -$19.18M -$23.57M -$24.02M -$13.30M -$11.39M -$12.04M -$11.77M $1.812M -$3.244M -$3.756M -$1.097M
YoY Change -25.97% 100.99% 48.11% -18.6% -1.89% 80.6% 16.79% -5.45% 2.35% -749.25% -155.87% -13.62% 242.27%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Interest Expense -$9.147M $353.0K $58.00K $72.00K $56.00K $11.00K $29.10K $37.75K $52.98K $7.094K $748.6K -$3.490M $2.410M -$10.00K $0.00 $0.00 $0.00
YoY Change -2691.22% 508.62% -19.44% 28.57% 409.09% -62.2% -22.89% -28.76% 646.86% -99.05% -121.45% -244.81% -24200.0%
% of Operating Profit 41.3%
Other Income/Expense, Net $334.0K -$3.129M -$4.183M -$490.0K -$2.992M $16.05M $270.7K -$193.6K $1.012M -$3.828M -$27.97M -$3.493M $2.408M -$326.4K
YoY Change -110.67% -25.2% 753.67% -83.62% -118.64% 5828.78% -239.86% -119.13% -126.44% -86.31% 700.71% -245.06% -837.66%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Pretax Income -$54.64M -$60.24M -$32.60M -$19.67M -$26.56M -$7.967M -$13.03M -$11.58M -$11.03M -$15.60M -$26.15M -$6.740M -$1.350M -$90.00K -$60.00K -$80.00K -$30.00K -$60.00K $0.00
YoY Change -9.29% 84.8% 65.68% -25.92% 233.35% -38.85% 12.5% 4.98% -29.26% -40.37% 288.03% 399.26% 1400.0% 50.0% -25.0% 166.67% -50.0%
Income Tax $47.00K -$434.0K $14.00K $38.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$150.8M -$59.80M -$32.61M -$19.71M -$26.56M -$7.967M -$13.03M -$11.58M -$11.03M -$15.60M -$26.15M -$6.735M -$1.354M -$1.424M -$60.00K -$80.00K -$30.00K -$60.00K $0.00
YoY Change 152.11% 83.39% 65.44% -25.78% 233.35% -38.85% 12.5% 4.98% -29.26% -40.37% 288.3% 397.47% -4.9% 2272.72% -25.0% 166.67% -50.0%
Net Earnings / Revenue -468.16% -96.28% -105.37% -70.12% -102.81% -30.15% -78.49% -94.31% -129.45% -2948.13% -359.33% -35873.67% -133.77% -2859.62%
Basic Earnings Per Share -$7.28 -$0.31 -$0.21 -$0.14 -$0.21 -$0.60 -$0.22 -$0.05
Diluted Earnings Per Share -$116.50 -$0.31 -$0.21 -$0.14 -$0.21 -$64.09K -$128.8K -$145.1K -$161.9K -$260.0K -$0.60 -$0.22 -$0.05 -$5.184K -$3.456K -$4.646K -$3.440K -$25.42K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Cash & Short-Term Investments $2.058M $21.21M $48.74M $22.34M $38.96M $56.35M $62.64M $13.47M $3.760M $6.403M $5.830M $0.00 $250.0K $0.00 $0.00 $10.00K $0.00 $30.00K $10.00K
YoY Change -90.3% -56.47% 118.14% -42.66% -30.86% -10.03% 365.06% 258.17% -41.27% 9.82% -100.0% -100.0% -100.0% 200.0%
Cash & Equivalents $2.058M $3.020M $1.336M $0.00 $0.00
Short-Term Investments $0.00 $18.19M $47.40M $21.31M $38.48M $55.75M $58.98M $0.00
Other Short-Term Assets $2.434M $2.743M $2.183M $1.806M $648.2K $928.4K $746.8K $195.6K $710.1K $2.193M $460.0K $10.00K $20.00K $0.00 $20.00K
YoY Change -11.27% 25.65% 20.87% 178.64% -30.19% 24.32% 281.86% -72.46% -67.62% 376.79% 4500.0% -50.0% -100.0%
Inventory $4.346M $10.01M $2.881M $2.034M $2.266M $3.044M $3.283M $3.093M $2.706M $2.065M $1.410M $1.230M $680.0K
Prepaid Expenses
Receivables $1.671M $5.641M $585.0K $2.159M $866.9K $871.3K $957.1K $40.99K $51.23K $46.07K $40.00K $40.00K $20.00K
Other Receivables $5.768M $5.000M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $0.00
Total Short-Term Assets $16.28M $44.61M $54.39M $28.34M $42.74M $61.20M $67.62M $16.80M $7.228M $10.71M $7.740M $1.280M $970.0K $0.00 $0.00 $10.00K $0.00 $30.00K $30.00K
YoY Change -63.51% -17.98% 91.9% -33.7% -30.15% -9.5% 302.57% 132.4% -32.49% 38.33% 504.69% 31.96% -100.0% -100.0% 0.0%
Property, Plant & Equipment $5.287M $15.77M $7.564M $2.730M $3.722M $3.261M $3.316M $2.435M $2.556M $2.851M $3.000M $10.00K $10.00K
YoY Change -66.47% 108.46% 177.07% -26.65% 14.14% -1.67% 36.2% -4.74% -10.34% -4.98% 29900.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $682.0K $2.345M $6.536M $8.403M $3.092M $1.366M $1.020M $1.223M $1.318M
YoY Change -70.92% -64.12% -22.21% 171.72% 126.3% 33.93% -16.55% -7.26%
Other Assets $15.00K $3.583M $0.00 $0.00 $20.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -99.58% -100.0%
Total Long-Term Assets $11.23M $70.05M $21.57M $23.35M $26.21M $16.10M $12.12M $10.84M $11.14M $11.25M $4.550M $1.360M $1.420M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -83.97% 224.75% -7.64% -10.89% 62.74% 32.9% 11.74% -2.67% -0.93% 147.18% 234.56% -4.23%
Total Assets $27.50M $114.7M $75.95M $51.69M $68.95M $77.30M $79.74M $27.64M $18.37M $21.95M $12.29M $2.640M $2.390M $0.00 $0.00 $10.00K $0.00 $30.00K $30.00K
YoY Change
Accounts Payable $4.445M $4.168M $2.173M $1.116M $1.998M $2.575M $2.081M $1.340M $1.283M $884.4K $50.00K $1.410M $1.060M $60.00K $10.00K $40.00K $0.00 $30.00K $20.00K
YoY Change 6.65% 91.81% 94.71% -44.14% -22.41% 23.75% 55.26% 4.43% 45.11% 1668.82% -96.45% 33.02% 1666.67% 500.0% -75.0% -100.0% 50.0%
Accrued Expenses $8.438M $6.731M $5.539M $5.416M $3.197M $1.826M $1.988M $1.601M $1.644M $1.294M $580.0K $510.0K $570.0K $10.00K $0.00 $0.00 $10.00K $0.00
YoY Change 25.36% 21.52% 2.27% 69.41% 75.04% -8.11% 24.14% -2.61% 27.11% 123.03% 13.73% -10.53% 5600.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $174.9K $170.0K $2.070M $820.0K $110.0K $80.00K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 2.9% -91.79% 152.44% 645.45% 37.5%
Long-Term Debt Due $6.391M $908.0K $596.0K $539.0K $580.7K $689.2K $0.00 $307.9K $308.6K $320.5K $0.00 $620.0K $430.0K
YoY Change 603.85% 52.35% 10.58% -7.18% -15.74% -100.0% -0.21% -3.72% -100.0% 44.19%
Total Short-Term Liabilities $25.03M $13.02M $8.427M $7.343M $5.780M $5.174M $4.313M $3.249M $3.236M $2.673M $980.0K $4.600M $2.870M $180.0K $90.00K $40.00K $0.00 $30.00K $20.00K
YoY Change 92.3% 54.48% 14.76% 27.03% 11.73% 19.95% 32.74% 0.41% 21.05% 172.8% -78.7% 60.28% 1494.44% 100.0% 125.0% -100.0% 50.0%
Long-Term Debt $8.058M $3.001M $0.00 $0.00 $292.2K $848.2K $0.00 $0.00 $307.9K $605.2K $0.00 $0.00 $180.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 168.51% -100.0% -65.55% -100.0% -49.12% -100.0%
Other Long-Term Liabilities $2.821M $2.657M $1.453M $241.0K $828.0K $0.00 $58.68K $3.098M $0.00 $3.780M $4.170M $550.0K
YoY Change 6.17% 82.86% 502.9% -70.89% -100.0% -98.11% -100.0% -9.35% 658.18%
Total Long-Term Liabilities $10.88M $5.658M $1.453M $241.0K $1.120M $848.2K $0.00 $58.68K $3.406M $605.2K $3.780M $4.170M $730.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 92.28% 289.4% 502.9% -78.49% 32.06% -100.0% -98.28% 462.75% -83.99% -9.35% 471.23%
Total Liabilities $35.91M $18.68M $9.880M $7.584M $6.901M $6.022M $4.313M $3.308M $6.642M $6.734M $4.760M $8.780M $3.610M $180.0K $90.00K $40.00K $0.00 $30.00K $20.00K
YoY Change 92.29% 89.03% 30.27% 9.9% 14.59% 39.61% 30.39% -50.2% -1.36% 41.47% -45.79% 143.21% 1905.56% 100.0% 125.0% -100.0% 50.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Basic Shares Outstanding 20.71M 192.8M 156.2M 138.8M 125.9M 124.3M 101.2M 79.84M 68.14M shares 59.99M shares 43.64M shares 30.42M shares 26.39M 12.44M shares
Diluted Shares Outstanding 20.71M 192.8M 156.2M 138.8M 125.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.2558 Million

About 22nd Century Group, Inc.

22nd Century Group Inc is a US-based company operating in Tobacco industry. The company is headquartered in Williamsville, New York and currently employs 64 full-time employees. The company went IPO on 2006-10-17. 22nd Century Group, Inc. is an agricultural biotechnology company. The firm is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. Additionally, the Company provide contract manufacturing services for conventional combustible tobacco products for third-party brands. The firm operates through a single segment named Tobacco. Its tobacco segment is engaged in contract manufacturing organization (CMO) customer contracts that consist of obligations to manufacture the customers' branded filtered cigars and cigarettes. The tobacco segment is engaged in the sale of its reduced nicotine content (RNC) cigarettes, sold under the brand name VLN, or research cigarettes sold under the brand name SPECTRUM. The company uses plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products.

Industry: Cigarettes Peers: PYXUS INTERNATIONAL, INC. ALTRIA GROUP, INC. Charlie's Holdings, Inc. VECTOR GROUP LTD Healthier Choices Management Corp. Hempacco Co., Inc. Turning Point Brands, Inc. Philip Morris International Inc. UNIVERSAL CORP /VA/