On March 26, 2026, 22nd Century Group, Inc. (Nasdaq: XXII) announced its financial results for the fourth quarter and full year ended December 31, 2025. The company reported net revenues of $3.5 million for the fourth quarter, a slight decrease from $4.0 million in the previous quarter. The gross profit improved to a loss of $0.8 million, compared to a loss of $1.1 million in the prior quarter. Operating expenses decreased to $2.0 million from $2.2 million, leading to a reduced operating loss of $2.8 million, down from $3.2 million. The net loss for the quarter was $2.8 million, an improvement from a net loss of $3.8 million in the previous quarter. Adjusted EBITDA loss was $2.4 million, compared to a loss of $2.9 million in the prior quarter. The company ended the year with cash of $7.1 million, reflecting a stronger financial position as it exited 2025 debt-free. The strategic pivot towards higher-margin branded products and partnerships with established retail chains has been a focus for the company, which aims to expand its VLN® product distribution and consumer awareness in 2026. The company also reported significant progress in reducing legacy debt and securing a $9.5 million non-dilutive settlement related to a previous facility fire. Overall, while the company continues to face challenges in revenue generation, the improvements in operational efficiency and strategic focus on growth are expected to positively influence its market position moving forward.

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