{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-017661","form_type":"8-K","ticker":"XXII","cik":"0001347858","company_name":"22nd Century Group, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.720184+00:00","generated_at":"2026-06-08T19:20:50.321669+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"22nd Century Group Q3 net revenue $17.8M, operating loss $71.5M with $57M non-cash charges","bullets":["Net revenue $17.8M, down from $19.4M YoY; gross profit -$2.0M vs +$0.6M.","Operating loss $71.5M includes $33.4M goodwill impairment and $23.3M restructuring costs.","Adjusted EBITDA loss $11.2M, slightly worse than $11.0M loss in prior year quarter.","VLN stores expanded to over 4,550 in 19 states from ~1,100 in 14 states at June 30.","Reduced principal debt by $8.1M in Oct; raised $5.25M in equity same month."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-017661","json":"https://secwatch.observer/filing/0001558370-23-017661.json","markdown":"https://secwatch.observer/filing/0001558370-23-017661.md","text":"https://secwatch.observer/filing/0001558370-23-017661.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1347858/000155837023017661/0001558370-23-017661-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1347858/000155837023017661/xxii-20231106x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T19:20:50.321669+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":[{"claim_id":"881b88211491ef601b4f4476320e7c4a7533c23d","claim":"22nd Century Group, Inc. reported third quarter ended September 30, 2023 results: revenue $17.8 million.","evidence_excerpt":"specific reference in such filing. ​ --- EX-99.1 (EX-99.1) --- ​ 22nd Century Group (XXII) Reports Third Quarter 2023 Financial Results ​ ● Third quarter 2023 net revenue of $17.8 million ● Expanded VLN ® availability to more than 4,550 stores in 19 states ● Proposed FDA menthol ban regulation now undergoing review at OMB ● GVB bulk ingredient volume of 49,000 kg","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1347858/000155837023017661/0001558370-23-017661-index.htm","confidence":0.6,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$17.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}