secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001493152-26-007596
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group: prelim Q4 net rev $3.6M, FY rev $17.6M; ended 2025 debt-free; stockholders OK reverse split
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- Preliminary Q4 2025 net revenue $3.6M vs $4.0M in Q3; FY2025 revenue $17.6M vs $24.4M in 2024.
- FY2025 net loss from continuing ops $13.1M vs $15.5M in 2024; operating loss $11.6M vs $14.0M.
- Ended 2025 debt-free with $7.1M cash; zero long-term debt after extinguishing senior secured debt.
- Stockholders approved reverse stock split (1:2 to 1:200) and other proposals to comply with Nasdaq rules.
- VLN commercial expansion cited as shift to higher-margin proprietary brands.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226007596/0001493152-26-007596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226007596/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-007596

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