secwatch.observer — SEC 8-K summary
======================================

Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2026-08-13T10:06:03+00:00
Accession:  0001493152-26-037524
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Q2 2026 revenue falls 30% YoY to $2.9M; net loss $3.3M
-------------------------------------------------------------------

- Net revenues $2.9M, down 29.9% YoY; gross loss improved to -$0.3M from -$0.6M.
- Operating loss $3.3M vs $3.0M; net loss $3.3M vs $3.3M; adjusted EBITDA loss $3.5M vs $2.6M.
- Cash $6.1M, no debt; VLN cigarette net revenues $0.03M, up from negligible.
- Expanded Pinnacle VLN to ~150 more NY/NJ stores, launched Pinnacle Pure, entered California; targeting 5,000 outlets by year-end 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226037524/0001493152-26-037524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226037524/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037524

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer