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22nd Century Group Inc Stock Research

XXII

1.11USD-0.04(-3.48%)Market Closed

Market Summary

USD1.11-0.04
Market Closed
-3.48%

XXII Stock Price

XXII RSI Chart

XXII Valuation

Market Cap

239.0M

Price/Earnings (Trailing)

-5.03

Price/Sales (Trailing)

4.7

EV/EBITDA

-4.87

Price/Free Cashflow

-5.97

XXII Price/Sales (Trailing)

XXII Profitability

EBT Margin

-98.40%

Return on Equity

-39.21%

Return on Assets

-33.4%

Free Cashflow Yield

-16.76%

XXII Fundamentals

XXII Revenue

Revenue (TTM)

50.9M

Revenue Y/Y

148.15%

Revenue Q/Q

33.89%

XXII Earnings

Earnings (TTM)

-47.5M

Earnings Y/Y

-38.79%

Earnings Q/Q

-13.95%

Price Action

52 Week Range

0.822.71
(Low)(High)

Last 7 days

-8.3%

Last 30 days

35.4%

Last 90 days

-16.5%

Trailing 12 Months

-44.2%

XXII Financial Health

Current Ratio

3.45

Debt/Equity

0.05

Debt/Cashflow

-6.17

XXII Investor Care

Shares Dilution (1Y)

32.31%

Diluted EPS (TTM)

-0.26

Peers (Alternatives to 22nd Century Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
261.6B
42.3B
-4.85% 4.41%
26.36
6.18
12.01% 12.62%
234.1B
83.6B
-6.67% 1.51%
24.1
2.8
9.08% 19.32%
160.8B
81.5B
2.79% 5.63%
18.4
1.97
0.67% -2.76%
79.1B
25.2B
-3.73% -9.07%
16.84
3.13
-3.15% 69.30%
49.1B
13.6B
-2.99% -6.25%
26.91
3.6
9.93% 5.49%
11.1B
12.9B
-0.16% 8.07%
22.46
0.87
6.84% 211.51%
MID-CAP
7.5B
579.9M
-4.33% 144.58%
-48.96
13.02
136.04% -2322.29%
4.8B
2.1B
19.51% -5.55%
179.71
2.28
-8.46% -72.88%
SMALL-CAP
2.0B
1.4B
7.77% 15.96%
12.53
1.36
18.77% -24.49%
1.3B
2.4B
-0.49% 0.38%
14.54
0.55
13.65% -9.24%
400.8M
416.9M
13.84% -30.94%
10.17
0.96
-6.41% -28.32%
239.0M
50.9M
35.37% -44.22%
-5.03
4.7
67.89% -89.56%
93.9M
482.2M
7.27% -19.24%
-4.56
0.19
17.92% 45.48%
37.6M
-
-64.26% -94.69%
-6.52
0.11
- -
4.0M
1.2B
-9.33% 2.70%
0.03
0
5.35% -18.95%

Financials for 22nd Century Group

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue29.5%50,865,00039,293,00033,187,00030,948,00030,296,000
Operating Expenses21.3%45,707,00037,681,00033,401,00030,481,00027,602,000
  S&GA Expenses24.5%39,380,00031,641,00028,355,00025,881,00023,006,000
  R&D Expenses36.3%5,272,0003,868,000---
EBITDA-14.0%-49,806,000.00-43,688,000.00-35,764,000.00-31,904,000.00-
EBITDA Margin11.9%-0.98-1.11-1.08-1.03-
Earnings Before Taxes-14.3%-50,050,000.00-43,807,000.00-36,483,000.00-32,595,000.00-25,048,000.00
EBT Margin11.7%-0.98-1.11-1.10-1.05-
Interest Expenses105.0%244,000119,00056,00058,00062,000
Net Income-8.4%-47,483,000.00-43,821,000.00-36,497,000.00-32,609,000.00-25,049,000.00
Net Income Margin16.3%-0.93-1.12-1.10-1.05-
Free Cahsflow-25.7%-40,056,000.00-31,860,000.00-27,759,000.00-23,584,000.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets19.0%142119667686
  Current Assets44.1%6445455462
    Cash Equivalents-11.4%23212
  Inventory22.4%1210433
  Net PPE26.6%1814665
  Goodwill-23.6%3444---
Liabilities5.3%21209107
  Current Liabilities3.0%1918787
  Long Term Debt-8.1%67---
Shareholder's Equity21.8%12199586679
  Retained Earnings-6.6%-211.53-198.43-186.93-178.01-164.05
  Additional Paid-In Capital11.6%333298245244243
Shares Outstanding8.9%215198165163163
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-23.0%-37.28-30.32-26.86-22.84-21.20
  Share Based Compensation24.8%65543
Cashflow From Investing-81.5%632-10.42-27.73-29.49
Cashflow From Financing4616.4%32-0.71385151

Risks for XXII

What is the probability of a big loss on XXII?

100%


Probability that 22nd Century Group stock will be more than 20% underwater in next one year

98.5%


Probability that 22nd Century Group stock will be more than 30% underwater in next one year.

95.8%


Probability that 22nd Century Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does XXII drawdown profile look like?

Y-axis is the maximum loss one would have experienced if 22nd Century Group was unfortunately bought at previous high price.

Drawdowns

Returns for XXII

Cumulative Returns on XXII

2.1%


10-Year Cumulative Returns

-1.7%


7-Year Cumulative Returns

-22.0%


5-Year Cumulative Returns

2.9%


3-Year Cumulative Returns

What are the long-term rolling returns for XXII?

FIve years rolling returns for 22nd Century Group.

Annualized Returns

Which funds bought or sold XXII recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
STRS OHIO
unchanged
-
-
13,000
-%
2023-01-26
NJ State Employees Deferred Compensation Plan
unchanged
-
-1,490
202,510
0.03%
2023-01-25
Cornerstone Wealth Group, LLC
unchanged
-
205
9,205
-%
2023-01-25
WNY Asset Management, LLC
unchanged
-
-469
13,531
-%
2023-01-24
Sigma Planning Corp
added
49.18
38,548
117,548
-%
2023-01-24
RFP Financial Group LLC
new
-
353
353
-%
2023-01-24
COURIER CAPITAL LLC
unchanged
-
-1,820
294,180
0.03%
2023-01-20
Genesee Capital Advisors, LLC
unchanged
-
13
23,013
0.02%
2023-01-20
DAVENPORT & Co LLC
unchanged
-
-100
13,900
-%
2023-01-19
Householder Group Estate & Retirement Specialist, LLC
unchanged
-
-
1,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying XXII calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own XXII
No. of Funds

22nd Century Group News

Marketing Sentinel

Does 22nd Century Group Inc. (NASDAQ:XXII) Look Expensive At ....

Marketing Sentinel,
2 days ago

InvestorsObserver

Daily Hit: January 24, 2023.

InvestorsObserver,
4 days ago

Market Exclusive

Stocks Register

Schedule 13G FIlings of 22nd Century Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 13, 2022
etf managers group, llc
4.57%
7,526,467
SC 13G/A
Feb 04, 2022
blackrock inc.
6.3%
10,191,168
SC 13G
Jan 13, 2022
empery asset management, lp
0.00%
0
SC 13G/A
Dec 22, 2021
etf managers group, llc
6.31%
10,272,934
SC 13G/A
Jun 10, 2021
empery asset management, lp
6.23%
10,126,894
SC 13G
Jun 01, 2021
etf managers group, llc
7.81%
11,912,094
SC 13G/A
May 28, 2021
etf managers group, llc
10.84%
16,524,973
SC 13G/A
Feb 18, 2021
etf managers group, llc
8.89%
12,342,984
SC 13G/A
Feb 12, 2021
etf managers group, llc
7.13%
9,900,576
SC 13G/A
Jan 08, 2021
etf managers group, llc
5.31%
7,374,237
SC 13G/A

XXII Fair Value

Recent SEC filings of 22nd Century Group

View All Filings
Date Filed Form Type Document
Jan 24, 2023
8-K
Current Report
Nov 21, 2022
8-K
Current Report
Nov 17, 2022
8-K
Current Report
Nov 17, 2022
3
Insider Trading
Nov 08, 2022
8-K
Current Report
Nov 08, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for XXII

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-21
SALHANY LUCILLE S
acquired
-
-
27,612
-
2022-08-31
ZERCHER MICHAEL
sold
-500,565
1.35
-370,789
president and coo
2022-06-14
FRANZINO JOHN
sold
-34,443.1
1.6947
-20,324
chief administrative officer
2022-05-16
SULLIVAN NORA B
acquired
139,000
1.39
100,000
-
2022-03-21
Koganov Michael
acquired
-
-
51,808
-
2022-03-21
Johnson Anthony L.
acquired
-
-
51,808
-
2022-03-21
MISH JAMES A
acquired
-
-
1,381,730
chief executive officer
2022-03-21
FLEET CLIFFORD B
acquired
-
-
51,808
-
2022-03-21
ZERCHER MICHAEL
acquired
-
-
210,742
president and coo
2022-03-21
SANDERS RICHARD M.
acquired
-
-
51,808
-

1–10 of 50

James A. Mish
80
22nd Century Group, Inc., an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries. It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names; and SPECTRUM research cigarettes for use in independent clinical studies. The company has collaboration with Keygene N.V. to develop hemp/cannabis plants for exceptional cannabinoid profiles and other superior agronomic traits for medical, therapeutic, and agricultural uses, as well as other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Buffalo, New York.

XXII Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Revenue, net$ 19,383$ 7,811$ 42,905$ 22,988
Cost of goods sold (exclusive of depreciation shown separately below):    
Cost of goods sold18,7647,51941,08621,733
Gross profit6192921,8191,255
Operating expenses:    
Sales, general and administrative14,5696,83031,35517,846
Research and development1,3181,0314,3552,789
Total operating expenses15,8877,86135,71020,635
Operating loss(15,268)(7,569)(33,891)(19,380)
Other income (expense):    
Unrealized loss on investments(345)(1,900)(2,046)(2,040)
Gain on Panacea investment conversion   2,548
Realized loss on short-term investment securities(35) (143) 
Interest income, net11352211272
Interest expense(148)(23)(230)(44)
Total other income (expense)(415)(1,871)(2,208)736
Loss before income taxes(15,683)(9,440)(36,099)(18,644)
Benefit for income taxes(2,581) (2,581) 
Net loss$ (13,102)$ (9,440)$ (33,518)$ (18,644)
Net loss per common share - basic$ (0.06)$ (0.06)$ (0.18)$ (0.12)
Net loss per common share - diluted$ (0.06)$ (0.06)$ (0.18)$ (0.12)
Weighted average common shares outstanding - basic210,131162,721185,269153,998
Weighted average common shares outstanding - diluted210,131162,721185,269153,998
Other comprehensive loss:    
Unrealized loss on short-term investment securities$ (19)$ (28)$ (488)$ (101)
Reclassification of losses to net loss35 143 
Other comprehensive income (loss)16(28)(345)(101)
Comprehensive loss$ (13,086)$ (9,468)$ (33,863)$ (18,745)

XXII Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 2,364$ 1,336
Short-term investment securities41,35747,400
Accounts receivable, net4,953585
Inventory12,2642,881
Prepaid expenses and other current assets3,4632,183
Total current assets64,40154,385
Property, plant and equipment, net18,2795,841
Operating lease right-of-use assets, net2,4291,723
Goodwill33,748 
Intangible assets, net18,3367,919
Investments9812,345
Other assets4,0023,741
Total assets142,17675,954
Current liabilities:  
Notes and loan payable5,825596
Operating and finance lease obligations927308
Accounts payable5,7872,173
Accrued expenses2,4681,489
Accrued payroll1,0432,255
Accrued excise taxes and fees1,5251,270
Deferred income693119
Other current liabilities397217
Total current liabilities18,6658,427
Long-term liabilities:  
Notes payable220 
Operating and finance lease obligations1,5921,432
Other long-term liabilities61121
Total liabilities21,0889,880
Commitments and contingencies (Note 9)
Shareholders' equity  
Preferred stock, $.00001 par value, 10,000,000 shares authorized
Common stock, par value22
Capital in excess of par value333,124244,247
Accumulated other comprehensive loss(507)(162)
Accumulated deficit(211,531)(178,013)
Total shareholders' equity121,08866,074
Total liabilities and shareholders' equity$ 142,176$ 75,954