22nd Century Group, Inc. (XXII) Form 8-K — Oct 22, 2026
22nd Century Group preliminarily reported Q3 2026 net revenues of approximately $4.8 million, up 66% from $2.9 million in Q2 2026, with gross profit turning positive at roughly $0.4 million versus a $(0.3) million loss the prior quarter. The company narrowed its Q3 net loss to $2.6 million from $3.3 million in Q2, and adjusted EBITDA loss improved to $2.2 million from $3.5 million. Cash and equivalents stood at $3.9 million at quarter end. CEO Larry Firestone highlighted strengthening same-store sales for Pinnacle VLN® and Pinnacle Pure, positioning VLN® as the first and only low-nicotine cigarette brand as the company builds toward a low-nicotine category.
Key figures
- Revenue
- 4800000
- Revenue Yoy
- 0
- Cash Position
- 3900000
- Shares Outstanding
- 3416441
- Revenue Qo Q
- +66% vs Q2 2026 ($2.9M)
- Operating Expenses
- 3000000
- Warrants Outstanding
- 0
AI analysis
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