22nd Century Group, Inc. company info

CIK 1347858
IRS Number 980468420
State of incorporation NV
Business address 8560 MAIN STREET
SUITE 4
WILLIAMSVILLE
NY
14221
Mail address 8560 MAIN STREET
SUITE 4
WILLIAMSVILLE
NY
14221

Short summary

22nd Century Group, Inc. is a New York company, with head office located at 8560 Main Street Williamsville, New York 14221. In 2019 the company owned a total of 61.86 million USD worth of assets, including 47.75 million USD worth of current assets. 2017 was the year when the company amassed the most assets.

22nd Century Group, Inc. Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Revenue, Net 0.030.050.790.027.280.450.24
Cost of Goods and Services Sold 12.7117.3125.53
Gross Profit -0.056.820.03-0.58-0.43-0.710.90
Research and development 0.540.362.100.730.741.251.672.343.3714.99
Operating Expenses 5.0011.8011.4610.9612.5924.92
Operating Income (Loss) -0.96-1.10-3.76-3.241.81-11.74-12.04-11.39-13.30-24.02
Interest expense 0.750.010.050.040.030.01
Income Tax Expense (Benefit) 000000
Net income -1.23-1.42-1.35-6.74-26.15-15.60-11.03-11.58-13.03-7.97

22nd Century Group, Inc. Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 4.178.203.7612.483.370.870.62
Accounts Receivable, Net, Current 0.150.090.020.450.110.721.280.910.77
Inventories 0.060.921.171.261.732.383.154.292.942.932.38
Property, Plant and Equipment, Gross 0.013.033.093.133.334.915.02
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.000.080.390.721.061.491.982.13
Goodwill 00.85
Intangible Assets, Net (Excluding Goodwill) 1.481.431.371.351.737.217.397.448.649.758.54
Other Assets, Noncurrent 1.545.53
Total assets 1.582.762.693.1611.2423.2817.6929.1278.5770.5561.86
Current assets 0.061.321.261.796.2212.136.8118.0459.0052.0947.75
Non-current assets 1.521.441.431.372.077.77
Accounts payable 2.141.211.120.420.730.981.572.273.052.221.65
Total current liabilities 3.231.793.462.281.562.933.304.095.787.185.03
Long-term Debt, Excluding Current Maturities 0.140.630.23
Deferred income taxes 0.85
Total liabilities 3.375.484.6910.372.116.713.734.236.068.236.55
Common Stock, Value, Issued 0.000.000.000.000.000.000.000.000.000.00
Retained Earnings (Accumulated Deficit) -4.26-7.44-9.02-16.74-47.21-60.93-72.71-84.12-96.52-109.25-119.49
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.030.200.11

22nd Century Group, Inc. Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -1.23-1.42-1.35-6.74-26.15-15.60-11.03-11.58-13.03-7.97
Depreciation and amortization 0.140.160.180.200.140.46
Depreciation 0.000.230.320.330.350.52
Amortization of Intangible Assets 0.140.160.140.270.450.520.590.82
Depreciation and amortization 0.140.460.680.740.851.20
Deferred Income Tax Expense (Benefit) -1.57-1.681.02-3.33-3.53-2.401.48-1.46
Accounts receivable 000.06-0.010.91-0.09
Inventories 0.030.250.370.550.180.620.700.530.13-0.33
Accounts payable 0.220.19-0.220.71-0.630.630.09-0.140.470.32
Deferred revenue 0.22-0.220.18-0.18000.030.05
Net Cash Provided by (Used in) Operating Activities -0.17-0.91-3.45-1.763.86-7.32-9.89-12.07-17.84
Payments to Acquire Property, Plant, and Equipment 0.4600
Payments to Acquire Intangible Assets 0.010.110.600.160.290.730.410.360.450.66
Net Cash Provided by (Used in) Investing Activities -0.01-0.11-0.61-0.16-3.74-0.45-0.55-60.5915.15
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -3.74-2.71-0.45-0.55
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.030.380.722.362.431.620.890.943.19
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.030.380.722.362.431.620.890.943.19
Proceeds from Issuance of Common Stock 0.55
Net Cash Provided by (Used in) Financing Activities 0.161.024.311.685.725.1320.1562.85-0.36
Cash and Cash Equivalents, Period Increase (Decrease) -0.010.000.25-0.255.830.57-2.649.71-9.81-3.05