with the mission of reducing the harm caused by smoking, 22nd century is a plant biotechnology company whose proprietary technology allows for the levels of nicotine in the tobacco plant to be decreased or increased through genetic engineering and plant breeding. goodrich tobacco company and hercules pharmaceuticals are wholly-owned subsidiaries focusing on (i) premium cigarettes and potentially reduced risk tobacco products (with up to 97% less nicotine than conventional cigarettes), and (ii) the x-22 prescription smoking cessation aid in development. 22nd century's technology also allows the levels of cannabinoids to be decreased or increased in the cannabis plant.
Company profile
Ticker
XXII
Exchange
Website
CEO
James A Mish
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Philip Morris International • Altria • Vector • RLX Technology • TILT • Ispire Technology • Hempacco • BOTS • RJ Reynolds Tobacco • White Fox Ventures ...
Former names
Touchstone Mining LTD
SEC CIK
Corporate docs
Subsidiaries
22nd Century Limited, LLC • Goodrich Tobacco Company, LLC • Heracles Pharmaceuticals, LLC • NASCO Products, LLC • Botanical Genetics, LLC • 22nd Century Group Europe B.V. • 22nd Century Group Canada, Inc. • 22nd Century Holdings, LLC • Golden Acquisition Sub, LLC • ESI Holdings, LLC ...
IRS number
980468420
XXII stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
30 May 24
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
22nd Century Group Reports First Quarter 2024 Financial Results
15 May 24
8-K
Entry into a Material Definitive Agreement
10 May 24
EFFECT
Notice of effectiveness
10 May 24
424B3
Prospectus supplement
9 May 24
S-3
Shelf registration
1 May 24
8-K
Entry into a Material Definitive Agreement
30 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
PRE 14A
Preliminary proxy
19 Apr 24
Transcripts
XXII
Earnings call transcript
2024 Q1
15 May 24
XXII
Earnings call transcript
2023 Q4
28 Mar 24
XXII
Earnings call transcript
2023 Q2
14 Aug 23
XXII
Earnings call transcript
2023 Q2
14 Aug 23
XXII
Earnings call transcript
2023 Q1
9 May 23
XXII
Earnings call transcript
2022 Q4
9 Mar 23
XXII
Earnings call transcript
2022 Q3
9 Nov 22
XXII
Earnings call transcript
2022 Q2
9 Aug 22
XXII
Earnings call transcript
2022 Q1
5 May 22
XXII
Earnings call transcript
2021 Q4
1 Mar 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.52 mm | 1.52 mm | 1.52 mm | 1.52 mm | 1.52 mm | 1.52 mm |
Cash burn (monthly) | 180.33 k | 1.41 mm | 1.82 mm | 2.91 mm | 751.67 k | 3.31 mm |
Cash used (since last report) | 388.32 k | 3.04 mm | 3.91 mm | 6.27 mm | 1.62 mm | 7.13 mm |
Cash remaining | 1.13 mm | -1.52 mm | -2.39 mm | -4.75 mm | -101.60 k | -5.61 mm |
Runway (months of cash) | 6.3 | -1.1 | -1.3 | -1.6 | -0.1 | -1.7 |
Institutional ownership, Q4 2023
0.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 1 |
Closed positions | 52 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 11.48 mm |
Total shares | 66.54 k |
Total puts | 2.80 k |
Total calls | 20.90 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Charter Trust | 40.00 k | $7.45 mm |
Arcadia Wealth Management | 21.61 k | $4.02 mm |
Cutler | 4.91 k | $0.00 |
IFP Advisors | 24.00 | $4.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 24 | Lawrence Firestone | Common Stock | Buy | Acquire P | No | No | 1.0921 | 9,000 | 9.83 k | 15,250 |
5 Jan 24 | Arno Andrew | Common Stock | Buy | Acquire P | No | No | 0 | 100,000 | 0.00 | 100,000 |
4 Jan 24 | Lawrence Firestone | Common Stock | Buy | Acquire P | No | No | 0.1736 | 100,000 | 17.36 k | 100,000 |
News
Cannabis Stock Gainers And Losers From May 31, 2024
31 May 24
22nd Century Announces Resignation Of John Miller As President Of Tobacco, Effective August 2, 2024.
30 May 24
Marijuana Stock Movers For May 30, 2024
30 May 24
'Nicotine-Like Chemicals In U.S. Vapes May Be More Potent Than Nicotine, FDA Says' - Reuters News
29 May 24
Cannabis Stock Gainers And Losers From May 28, 2024
28 May 24
Press releases
22nd Century Announces Resignation of John Miller as President of Tobacco
30 May 24
Keynotes, Educational Panels and 96 Companies to Present at the Planet MicroCap Showcase: VEGAS on April 30 - May 2, 2024 at the Paris Hotel & Casino in Las Vegas, NV
29 Apr 24
Stocks to Watch for Short Squeeze Potential: DJT, INBS, IMPP, HUBC, XXII
10 Apr 24