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22nd Century Group, Inc.

XXII · Nasdaq

$2.42

+6.14% (24h)

Last updated: 1 second ago

Market Cap

$1.73M

Volume (24h)

29.21K

Last Close (7D)

$2.42

View on TradingView
Earnings Nov 3 · in 60d

Latest Quarter

Q1 FY2026ended 2026-03-31 · filed 2026-05-07

View 10-Q on SEC
Revenue

$4.11M

-31.08% YoY
Net Income

$-3.26M

+24.65% YoY
Operating Income

$-3.04M

-18.25% YoY
EPS (Diluted)

-$18.08

+97.84% YoY
Cash

$9.54M

Total Assets

$30.31M

Equity

$21.22M

Long-term Debt

$708K

What this quarter tells us

Q1 FY2026 revenue fell 31% YoY to $4.1M, while net loss improved 25% to -$3.3M due to cost cuts. Balance sheet shows $9.5M cash vs $708K debt, but 8 dilution events in 12 months signal ongoing capital needs. Recent warrant inducement offering in June 2026 adds further dilution risk.

  • •Revenue dropped 31.1% YoY to $4.1M, continuing a shrinking trend from $6.0M in prior year.
  • •Net loss narrowed 24.7% to -$3.3M (EPS -$18.08 vs -$838.43, the latter inflated by reverse split), but operating loss widened 18.2% to -$3.0M.
  • •Cash of $9.5M and equity of $21.2M provide a cushion against $708K long-term debt, but 8 dilution events in 12 months and a June 2026 warrant inducement offering point to frequent capital raises.
  • •Quarter ended March 31, 2026 is the latest XBRL filing; subsequent 8-Ks show continued financing activity.

Informational summary based on SEC XBRL figures · generated by AI agent. Not investment advice.

Earnings reports (12m): 5Dilution / offering filings (12m): 8Source: SEC EDGAR XBRL

Company Profile

Exchange
Nasdaq
Sector
Consumer Defensive
Industry
Tobacco
Employees
32
Website
www.xxiicentury.com
Country
🇺🇸 United States

A plant biotechnology company engineering tobacco plants to dramatically reduce nicotine while simultaneously building a hemp and cannabis intellectual property portfolio across genomics and plant science.

  • 🚬 VLN cigarettes cut nicotine content by 95% — the only FDA-authorized Modified Risk Tobacco Product on the market
  • 🌿 Cannabis and hemp genetics IP portfolio has licensing upside as plant science applications expand
  • 🔬 Plant biotech expertise bridges tobacco harm reduction and broader cannabis plant modification science

Key Stats

52-Week Range
$2.27$646.50
Beta0.61
Trailing P/E0.00
Forward P/E-0.16
Trailing EPS2314.46
Avg Volume

Earnings & Analyst

Next Earnings2026-11-03
EPS EstimateN/A
Target Mean PriceN/A
RecommendationNone
Recommendation MeanN/A

Recent SEC Filings

All filings
  • Agreement termination

    On July 1, 2026, 22 nd Century Group, Inc.

    8-K · 1.02

    2026-07-02

    SEC

  • Proxy statement

    Proxy statement filed on 2026-06-23 (DEF 14A).

    DEF 14A

    2026-06-23

    SEC

  • Shareholder vote

    A 2026 Annual Meeting of Stockholders of 22nd Century Group, Inc. was held on Thursday, June 11, 2026.

    8-K · 5.07

    2026-06-11

Frequently Asked Questions

What does 22nd Century Group (XXII) do?

22nd Century Group is a plant biotechnology company that focuses on engineering tobacco plants to dramatically reduce nicotine content. Its flagship product, VLN cigarettes, cuts nicotine by 95% and is the only FDA-authorized Modified Risk Tobacco Product on the market. The company also builds a hemp and cannabis intellectual property portfolio spanning genomics and plant science, with potential licensing opportunities as plant science applications expand. This dual focus on tobacco harm reduction and cannabis genetics positions 22nd Century as a unique player in the cannabis-related pharmaceutical and biotech space.

What is the business model of 22nd Century Group (XXII)?

22nd Century Group operates as a plant biotechnology company with a business model centered on developing and commercializing reduced-nicotine tobacco products and building a cannabis and hemp IP portfolio. Its primary revenue driver is the sale of VLN cigarettes, which are marketed as a harm reduction product for smokers. Additionally, the company generates value through its intellectual property in cannabis and hemp genetics, which it can license to other plant science companies. This hybrid model combines product sales with potential licensing income, leveraging its expertise in plant modification for both tobacco and cannabis applications.

What category does 22nd Century Group (XXII) fall under in the cannabis sector?

22nd Century Group is classified as a cannabis-related pharmaceutical and biotech company on WeedMarketCap. This category reflects its focus on plant biotechnology and intellectual property development in cannabis and hemp, rather than direct cultivation or retail operations. The company's work in genomics and plant science aligns it with other biotech firms that develop novel plant varieties or compounds for medical or industrial use. Its FDA authorization for VLN cigarettes also places it at the intersection of tobacco regulation and cannabis plant science, making it a distinct entity within the broader cannabis ecosystem.

What are the key differentiators of 22nd Century Group (XXII)?

22nd Century Group's key differentiators include its VLN cigarettes, which are the only FDA-authorized Modified Risk Tobacco Product, reducing nicotine content by 95%. This positions the company as a leader in tobacco harm reduction. Additionally, its cannabis and hemp genetics IP portfolio offers licensing upside as plant science applications expand. The company's deep expertise in plant biotechnology bridges tobacco harm reduction and broader cannabis plant modification, enabling it to innovate across both sectors. These factors, combined with its FDA authorization, set 22nd Century apart from other cannabis-related biotech firms.

What is the significance of 22nd Century Group's (XXII) plant biotechnology expertise?

22nd Century Group's plant biotechnology expertise is significant because it enables the company to engineer tobacco plants with dramatically reduced nicotine levels, resulting in VLN cigarettes that are FDA-authorized as a Modified Risk Tobacco Product. This same expertise is applied to building a hemp and cannabis intellectual property portfolio in genomics and plant science. By leveraging its capabilities in plant modification, 22nd Century can develop novel cannabis strains or traits for medical or industrial use, creating licensing opportunities. This dual application of its biotech skills makes the company a versatile player in both tobacco harm reduction and cannabis innovation.

Latest News

  • Benzinga · Sep 1, 2026

    President Trump Posts On X "I am pleased to announce that Pastor Darrell Scott, a longtime friend, respected Faith Leader, and tireless Advocate for America’s Underserved Communities, will be serving my Administration and me as an Advisor for tobacco health issues on the Advisory Committee to the Director (ACD) in the CDC...."

  • Yahoo · Aug 13, 2026

    22nd Century Group Inc (XXII) (Q2 2026) Earnings Call Highlights: Strategic Shift Toward ...

  • Benzinga · Aug 13, 2026

    22nd Century Group Q2 EPS $(15.60) Misses $(6.00) Estimate, Sales $2.864M Miss $8.420M Estimate

  • SeekingAlpha · Aug 13, 2026

    22nd Century Group, Inc. (XXII) Q2 2026 Earnings Call Prepared Remarks Transcript

  • Yahoo · Aug 13, 2026

    22nd Century Group Reports Second Quarter 2026 Financial Results

31.2K
Enterprise Value$-2.68M
Shares Outstanding713.99K

SEC

  • Material agreement

    4626 to $3.57. Except as expressly set forth in this Amendment, all other information set forth in the Original Report remains unchanged and is incorporated herein by reference.

    8-K/A · 1.01,3.02,3.03,5.03,9.01

    2026-06-09

    SEC

  • Material agreement

    Warrant Inducement On June 8, 2026, the company commenced a warrant inducement offering (the Warrant Inducement ) with the holders of certain outstanding warrants to purchase up to an aggregate of 5,345,591 shares of…

    8-K · 1.01,3.02,3.03,5.03,9.01

    2026-06-09

    SEC

  • Quarterly report

    Filed quarterly report for period ended 2026-03-31 (10-Q).

    10-Q

    2026-05-07

    SEC

  • Earnings results

    1 Earnings release dated May 7, 2026 104 Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document SIGNATURES Pursuant to the requirements of the Securities Exchange Act…

    8-K · 2.02,9.01

    2026-05-07

    SEC

  • Material agreement

    On May 1, 2026, 22nd Century Group, Inc. (the company ) filed with the Securities and Exchange Commission a prospectus supplement to its Registration Statement on Form S-3 (Registration No.

    8-K · 1.01,9.01

    2026-05-01

    SEC

  • Prospectus supplement

    Prospectus supplement related to Up to $6,400,000 offering.

    424B5

    2026-05-01

    SEC

  • Proxy statement

    Proxy statement filed on 2026-04-29 (DEF 14A).

    DEF 14A

    2026-04-29

    SEC