22nd Century Group, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9M | $4.1M | $3.5M | $4.0M | $4.1M | $6.0M | $4.0M | $5.9M |
| Cost of Revenue | $1.6M | $1.9M | $1.9M | $2.6M | $2.9M | $2.9M | $3.1M | $3.1M |
| Gross Profit | $1.2M | $2.2M | $1.7M | $1.5M | $1.2M | $3.1M | $926.0K | $2.8M |
| Gross Margin | 43.4% | 53.1% | 46.8% | 36.3% | 29.9% | 51.6% | 23.0% | 47.8% |
| Operating Expenses | ||||||||
| Research & Development | $295.0K | $285.0K | $106.0K | $193.0K | $227.0K | $162.0K | $218.0K | $240.0K |
| SG&A Expense | $2.7M | $2.1M | $1.8M | $1.8M | $2.1M | $1.8M | $2.5M | $2.5M |
| Operating Income | $-3.3M | $-3.0M | $-2.8M | $-3.2M | $-3.0M | $-2.6M | $-4.1M | $-3.4M |
| Operating Margin | -114.9% | -74.0% | -79.2% | -80.1% | -73.0% | -43.1% | -101.8% | -56.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-3.3M | $-3.0M | $-2.8M | $-3.8M | $-3.3M | $-3.3M | $-4.2M | $-3.6M |
| Income Tax Expense | — | — | — | — | $-34.0K | — | — | — |
| Net Income | $-3.3M | $-3.3M | $-2.8M | $5.5M | $-3.4M | $-4.3M | $-4.6M | $-3.8M |
| Net Margin | -116.8% | -79.4% | -79.4% | 136.8% | -83.4% | -72.7% | -113.3% | -63.2% |
| EPS (Basic) | $-104.00 | $-18.08 | $4,174.06 | $1.55 | $-3,390.05 | $-838.43 | $-42,962.00 | $-1,760.26 |
| EPS (Diluted) | $-104.00 | $-18.08 | $4,175.89 | $-0.28 | $-3,390.05 | $-838.43 | $-42,962.00 | $-1,760.26 |
| Shares Outstanding (Basic) | 209.2K | 595.3K | 184.1K | 3.5M | 250.4K | 1.7M | 146.4K | 13.5M |
| Shares Outstanding (Diluted) | 209.2K | 595.3K | 184.1K | 11.9M | 250.4K | 1.7M | 1.4M | 13.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |