{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-010957","form_type":"8-K","ticker":"XXII","cik":"0001347858","company_name":"22nd Century Group, Inc.","filed_at":"2025-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.406851+00:00","generated_at":"2026-05-24T09:50:49.366636+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"22nd Century reports Q4 net loss of $4.2M; launches VLN partner brands for Q2 2025","bullets":["Net revenue $4.0M in Q4 2024, down 32% from $5.9M in Q3 2024; FY 2024 revenue $24.4M vs $32.2M in FY 2023.","Q4 2024 gross loss $1.3M, operating loss $4.1M, net loss $4.2M; adjusted EBITDA loss $3.9M.","VLN cigarette net revenues negative due to rebates; new branding and first partner brand Smoker Friendly ready for shipment in Q2 2025.","Signed 5-year expanded license & manufacturing agreement with Smoker Friendly covering 19 products (11 existing + 8 new).","FDA proposed nicotine standard cites VLN as only combustible cigarette meeting max nicotine level of 0.7 mg/g."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-010957","json":"https://secwatch.observer/filing/0001493152-25-010957.json","markdown":"https://secwatch.observer/filing/0001493152-25-010957.md","text":"https://secwatch.observer/filing/0001493152-25-010957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1347858/000149315225010957/0001493152-25-010957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1347858/000149315225010957/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T09:50:49.366636+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}