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22nd Century Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 7.95 million compared to USD 8.05 million a year ago. Net loss was USD 1.11 million compared to USD 20.54 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to USD 15.61 a year ago. Diluted loss per share from continuing operations was USD 0.3 compared to USD 15.61 a year ago. Basic loss per share was USD 0.21 compared to USD 23.81 a year ago. Diluted loss per share was USD 0.21 compared to USD 23.81 a year ago.For the six months, sales was USD 14.42 million compared to USD 16.98 million a year ago. Net loss was USD 6.85 million compared to USD 38.72 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to USD 28.46 a year ago. Diluted loss per share from continuing operations was USD 1.44 compared to USD 28.46 a year ago. Basic loss per share was USD 2.05 compared to USD 45.34 a year ago. Diluted loss per share was USD 2.05 compared to USD 45.34 a year ago.
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Revenue | 7.95 | 6.47 | 7.36 | 15.26 |
Gross Profit | 0.57 | -1.13 | 0.098 | -1.97 |
Operating Income | -2.05 | -4.43 | -6.3 | -13.52 |
Net Income | -1.11 | -5.74 | -29.33 | -72.72 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Assets | 24.09 | 24.62 | 27.5 | 64.2 |
Total Liabilities | 25.04 | 36.24 | 35.91 | 50.4 |
Total Equity | -0.955 | -11.62 | -8.41 | 13.8 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -4.72 | -2.26 | -12.85 | |
Cash From Investing Activities | -0.064 | 0.015 | -1.57 | |
Cash From Financing Activities | 4.54 | 1.7 | 12.84 | |
Net Change in Cash | -0.238 | -0.541 | -1.58 |
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