---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-020668"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:34:46.338540+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Q3 net income $5.5M from insurance settlement; revenue down 32.5% YoY; $25M ATM launched

## Summary
- Net revenue $4.0M, down 32.5% YoY; gross loss widened to $1.1M from $0.6M in prior quarter.
- Consolidated net income $5.5M reflects $9.5M insurance settlement (Grass Valley fire); operating loss $3.2M.
- Zero long-term debt at quarter end; cash $4.8M; additional $9.5M received post-quarter in November.
- Entered $25M at-the-market equity facility with Needham & Company; 3% commission on sales.
- New executive employment agreements with CEO, CFO, and three other officers; enhanced severance provisions.

## SEC filing metadata
- accession: 0001493152-25-020668
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000149315225020668/0001493152-25-020668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000149315225020668/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-020668
- JSON: https://secwatch.observer/filing/0001493152-25-020668.json
- Plain text: https://secwatch.observer/filing/0001493152-25-020668.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.