22nd Century Group Preliminarily Reports Third Quarter Financial Results
22nd Century Group preliminarily reported Q3 2026 revenue of approximately $4.8 million, up 66% from $2.9 million in Q2 2026, with gross profit turning positive at $0.4 million. Operating and net losses narrowed to $2.6 million each from $3.3 million, and adjusted EBITDA loss improved to $2.2 million from $3.5 million. Cash stood at $3.9 million at quarter end, with 3,416,441 shares outstanding and no warrants remaining.
Key figures
- Revenue
- $4.8 million
- Guidance
- Full Q3 2026 earnings on or before November 13, 2026
- Revenue Yoy
- 0
- Net loss
- $2.6 million
- Gross profit
- $0.4 million
- Operating loss
- $2.6 million
- Operating expenses
- $3.0 million
- Revenue growth qoq
- 66%
- Shares outstanding
- 3416441
- Adjusted ebitda loss
- $2.2 million
- Cash and equivalents
- $3.9 million
AI analysis
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