22nd Century Group, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $17.6M | $24.4M | $32.2M | $40.5M | $30.9M |
| Operating income | -$11.6M | -$13.9M | -$44.9M | -$33.6M | -$28.4M |
| Operating expenses | $8.4M | $11.6M | $36.2M | $35.5M | $29.9M |
| Cost of revenue | $10.2M | $14.3M | — | — | — |
| Cash from operations | -$7.7M | -$14.3M | -$55.0M | -$51.7M | -$22.8M |
| Capital expenditure | $61,000 | $141,000 | $4.7M | $3.7M | $745,000 |
| Free cash flow | -$7.8M | -$14.5M | -$59.6M | -$55.4M | -$23.6M |
| Impairments | $111,000 | $68,000 | $3.3M | $1.5M | — |
| Total assets | $27.0M | $21.7M | $27.5M | $114.7M | $76.0M |
| Total liabilities | $8.5M | $17.7M | $35.9M | $18.7M | $9.9M |
Shares outstanding 4.5M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.