Company Information

  

Address: 9530 MAIN STREET  
City: CLARENCE, 
State: NY 
Zip Code: 14031 
Telephone: (716) 270-1523 

Description of Business

Primary SIC Code: 2111
(As filed with the SEC)  

22nd Century Group, Inc. was incorporated under the laws of the State of Nevada on September 12, 2005 under the name Touchstone Mining Limited. On January 25, 2011, we entered into a reverse merger transaction with 22nd Century Limited, LLC, which we refer to herein as the "merger." Upon the closing of the merger, 22nd Century Limited, LLC became our wholly-owned subsidiary. After the merger, we succeeded to the business of 22nd Century Limited, LLC as our sole line of business. 22nd Century Limited, LLC was originally formed as a New York limited liability company on February 20, 1998 as 21st Century Limited, LLC and subsequently merged with a newly-formed Delaware limited liability company, 22nd Century Limited, LLC, on November 29, 1999. Since inception, 22nd Century Limited, LLC has sponsored research and subsequently used biotechnology to regulate the nicotine content in tobacco plants.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.03NAN/E
03/2017-0.03NAN/E
12/2016-0.04NAN/E
06/2016-0.18NAN/E
03/2016-0.14NAN/E
12/2015-0.16NAN/E
09/2015-0.21NAN/E
06/2015-0.21NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.11Total Liab/Total Assets0.12
Net Inc/Total Assets-0.42Total Liab/Inv Cap0.14
Net Inc/Inv Cap-0.48Total Liab/Comm Equity0.03
Pretax Inc/Net Sales-0.94Interest Coverage Ratio-305.83
Net Inc/Net Sales-0.94Curr Debt/Equity0.01
Cash Flow/Net Sales-0.81LTD/EquityNA
SG&A/NetSales0.63Total Debt/Equity0.01
Asset Utilization   Liquidity  
Net Receivables Turnover266.31Quick Ratio4.22
Inventory Turnover4.38Current Ratio5.17
Inventory Day Sales0.01Net Rec/Curr Assets0.00
Net Sales/Work Cap0.91Inv/Curr Assets0.18
Net Sales/PP&E5.04  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 3.90 2.23 3.34 3.10
Cost of Goods Sold 4.06 2.51 3.56 3.28
Selling & Admin Exps 2.07 1.92 1.74 1.51
Operating Income -3.28 -2.97 -2.73 -2.60
Interest Exp 0.01 0.01 0.01 0.01
Pretax Income -3.36 -2.62 -2.75 -2.68
Other Income -0.07 0.36 0.03 0.10
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -3.36 -2.62 -2.75 -2.68

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 12.48 10.73 13.47 5.19
Receivables - Total 0.72 0.00 0.04 0.02
Inventories - Total 4.29 3.03 3.09 3.05
Total Current Assets 18.04 14.20 16.80 8.67
Net Property, Plant & Equipment 2.27 2.36 2.43 2.45
Total Assets 29.12 25.37 27.64 19.57
Liabilities        
Accounts Payable 3.77 3.11 2.94 2.66
Debt in Current Liabilities 0.32 0.31 0.31 0.33
Total Current Liabilities 4.09 3.42 3.25 2.99
Long-Term Debt NA NA 0.00 0.31
Total Liabilities 4.23 3.48 3.31 3.40
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -84.12 -80.76 -78.14 -75.39
Treasury Stock NA NA NA NA
Total Stockholders' Equity 24.89 21.88 24.33 16.17
Total Liabilities and Stockholders' Equity 29.12 25.37 27.64 19.57

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -4.36 -2.70 -1.91 -2.09
Net Cash Provided by Investing Activities -0.10 -0.04 -0.19 -0.24
Net Cash Provided by Financing Activities 6.21 0.00 10.37 4.68

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20120.02-6.74-0.22
12/20137.28-26.15-0.60
12/20140.53-15.60-0.26
12/20158.52-11.03-0.16
12/201612.28-11.58-0.04
Growth Rates405.71----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17516,6915.42




Report Date : 10/16/2017

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