22nd Century Q1 net loss narrows 7.8% to $3.02 million; revenue drops 31.1% to $4.11 million

22nd Century Group, Inc.

22nd Century Group, Inc.

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  • 22nd Century Group posted a net loss from continuing operations of USD 3.02 million, narrowing from USD 3.27 million a year earlier.
  • Revenue fell 31.1% to USD 4.11 million, while operating loss widened to USD 3.04 million from USD 2.57 million.
  • Gross loss was USD 636,000, compared with USD 609,000 in prior-year period.
  • Cartons sold dropped to 275 from 476, reflecting a shift away from high-volume, low-priced contract manufacturing export customers.
  • Cash and cash equivalents rose to USD 9.55 million at March 31, 2026, while management said substantial doubt remains about ability to continue as a going concern over the following 12 months.


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