22nd Century Group, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $7.1M | $4.4M | $2.1M | $2.2M | $1.3M | $1.0M | $485.1K | $604.9K |
| Accounts Receivable | $3.6M | $1.7M | $1.7M | $1.4M | $585.0K | $2.2M | $867.0K | $871.3K |
| Inventory | $4.3M | $2.0M | $4.3M | $7.3M | $2.9M | $2.0M | $2.3M | $3.0M |
| Total Current Assets | $17.6M | $11.5M | $16.3M | $44.6M | $54.4M | $28.3M | $42.7M | $61.2M |
| Property, Plant & Equipment | $2.4M | $2.8M | $3.4M | $3.7M | $5.8M | $2.5M | $3.7M | $3.3M |
| Goodwill | — | — | $0 | $33.2M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $6.2M | $5.7M | $5.9M | $7.2M | $7.9M | $8.2M | $8.5M | $9.8M |
| Total Assets | $27.0M | $21.7M | $27.5M | $114.7M | $76.0M | $51.7M | $69.0M | $77.3M |
| Liabilities | ||||||||
| Accounts Payable | $1.0M | $2.4M | $4.4M | $2.1M | $2.2M | $1.1M | $2.0M | $2.6M |
| Total Current Liabilities | $7.3M | $10.0M | $25.0M | $13.0M | $8.4M | $7.3M | $5.8M | $5.2M |
| Long-Term Debt | $708.0K | $5.2M | $8.1M | $3.9M | — | — | — | — |
| Total Liabilities | $8.5M | $17.7M | $35.9M | $18.7M | $9.9M | $7.6M | $6.9M | $6.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-398.9M | $-393.9M | $-378.7M | $-237.8M | $-178.0M | $-145.4M | $-125.7M | $-99.1M |
| Total Stockholders' Equity | $15.8M | $4.0M | $-8.4M | $96.0M | $66.1M | $44.1M | $62.1M | $71.3M |