For the quarter ending 2025-09-30, XXII has $32,367K in assets. $11,263K in debts. $4,846K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 4,846 | 3,083 | ||
| Current assets of discontinued operations held for sale | - | 0 | ||
| Accounts receivable, net | 2,993 | 3,540 | ||
| Inventories | 2,906 | 2,503 | ||
| Insurance recoveries | 9,500 | - | ||
| Prepaid expenses and other current assets | 2,678 | 2,742 | ||
| Total current assets | 22,923 | 11,868 | ||
| Property, plant and equipment, net | 2,452 | 2,568 | ||
| Operating lease right-of-use assets, net | 767 | 1,503 | ||
| Net carrying amount, finite-lived | 3,521 | - | ||
| Trademarks And Trade Names | 137 | - | ||
| Contractual Rights | 2,202 | - | ||
| Licensing Agreements | 350 | - | ||
| Net carrying amount, indefinite-lived | 2,689 | - | ||
| Intangible assets, net | 6,210 | 6,429 | ||
| Other assets | 15 | 15 | ||
| Total assets | 32,367 | 22,383 | ||
| Notes and loans payable - current | 368 | 640 | ||
| Operating lease obligations | 163 | 284 | ||
| Accounts payable | 2,598 | 2,887 | ||
| Accrued expenses | 2,234 | 2,277 | ||
| Accrued payroll | 140 | 315 | ||
| Accrued excise taxes and fees | 3,399 | 3,856 | ||
| Deferred income | 79 | 260 | ||
| Current portion of long-term debt | - | 3,216 | ||
| Other current liabilities | 1,231 | 1,197 | ||
| Current liabilities of discontinued operations held for sale | 333 | 459 | ||
| Total current liabilities | 10,545 | 15,391 | ||
| Operating lease obligations | 644 | 1,288 | ||
| Other long-term liabilities | 74 | 74 | ||
| Total liabilities | 11,263 | 16,753 | ||
| Preferred stock, .00001 par value, 10,000,000 shares authorized | - | 0 | ||
| Series a convertible preferred shares, 0.00001 par value 9,650 shares issued and outstanding at september 30, 2025 and 0 at december 31, 2024, respectively | 2,734 | - | ||
| Common stock, par value | - | 0 | ||
| Total mezzanine equity | 2,734 | - | ||
| Capital in excess of par value | 414,487 | 407,236 | ||
| Accumulated deficit | -396,117 | -401,606 | ||
| Total shareholders' equity | 18,370 | 5,630 | ||
| Total liabilities, mezzanine equity and shareholders' equity | 32,367 | 22,383 | ||
22nd Century Group, Inc. (XXII)
22nd Century Group, Inc. (XXII)