Q1 2026: net rev $4.1M (-31% YoY); zero debt; VLN now in 2,000+ stores

22nd Century Group, Inc.

2026-Q1 EPS reported -$18.08 revenue$4,105,000

Net revenues $4.1M, down 31.1% YoY from $5.96M; net loss from continuing ops $3.0M improved from $3.3M.
Cash and equivalents $9.5M; zero long-term debt after extinguishing senior secured debt in 2025.
VLN products in over 2,000 stores across 20 states; targeting 5,000 retail outlets by end of 2026.
Adjusted EBITDA loss $2.6M vs $2.3M YoY; operating loss $3.0M vs $2.6M.
Advanced PMTA submissions for 100mm format VLN and filtered cigars to expand product portfolio.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.