22nd Century Group, Inc. (XXII)

22nd Century Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	16.71	32.2	40.5	30.95	28.11	25.83
Revenue Growth (YoY)	-58.62%	-20.49%	30.87%	10.09%	8.82%	-2.24%
Cost of Revenue	25.36	40.9	38.65	29.46	26.67	25.82
Gross Profit	-8.65	-8.7	1.85	1.49	1.44	0.02
Selling, General & Admin	19.74	31.06	32.23	25.91	14.97	12.95
Research & Development	1.55	2.64	3.58	3.91	4.13	8.06
Other Operating Expenses	1.6	2.53	-0.33	0.08	1.52	2.57
Operating Expenses	22.89	36.24	35.48	29.9	20.62	23.58
Operating Income	-31.54	-44.93	-33.64	-28.41	-19.18	-23.57
Interest Expense / Income	9.96	9.37	0.06	0.06	0.07	0.06
Other Expense / Income	86.78	86.43	26.09	4.13	0.42	2.94
Pretax Income	-128.29	-140.73	-59.78	-32.6	-19.67	-26.56
Income Tax	0.05	0.05	0.02	0.01	0.04	0
Net Income	-128.33	-140.78	-59.8	-32.61	-19.71	-26.56
Preferred Dividends	13.58	9.99	0	0	0	0
Net Income Common	-141.91	-150.77	-59.8	-32.61	-19.71	-26.56
Shares Outstanding (Basic)	3	1	1	1	1	1
Shares Outstanding (Diluted)	3	1	1	1	1	1
Shares Change	274.14%	61.10%	23.45%	12.53%	10.27%	1.27%
EPS (Basic)	-91.10	-116.48	-74.40	-50.40	-33.60	-50.40
EPS (Diluted)	-91.10	-116.48	-74.40	-50.40	-33.60	-50.40
Free Cash Flow	-42.39	-59.36	-54.96	-23.58	-15.67	-14.95
Free Cash Flow Per Share	-13.39	-45.86	-68.40	-36.23	-27.09	-28.50
Gross Margin	-51.75%	-27.00%	4.56%	4.80%	5.12%	0.06%
Operating Margin	-188.74%	-139.52%	-83.05%	-91.81%	-68.24%	-91.22%
Profit Margin	-849.22%	-468.16%	-147.65%	-105.37%	-70.12%	-102.81%
Free Cash Flow Margin	-253.67%	-184.32%	-135.71%	-76.21%	-55.74%	-57.87%
EBITDA	-114.31	-126.5	-56.13	-31	-18.07	-24.87
EBITDA Margin	-684.05%	-392.82%	-138.60%	-100.17%	-64.30%	-96.25%
Depreciation & Amortization	4.01	4.86	3.59	1.54	1.53	1.64
EBIT	-118.32	-131.36	-59.73	-32.54	-19.6	-26.5
EBIT Margin	-708.06%	-407.91%	-147.47%	-105.13%	-69.73%	-102.59%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).