XXII: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, XXII has $30,310K in assets. $9,092K in debts. $9,545K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
266.51%
Quick Ratio
211.54%
Cash Ratio
120.73%
Debt to Asset Ratio
30.00%
Unit: Thousand (K) dollars
Assets Breakdown
Cash and cash equivalents
Accounts receivable, net
Inventories
Others
Liabilities Breakdown
Capital in excess of par value
Accumulated deficit
Total current liabilities
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	9,545	7,149	4,846	3,083
Current assets of discontinued operations held for sale	-	-	-	0
Accounts receivable, net	4,779	3,594	2,993	3,540
Inventories	4,346	4,326	2,906	2,503
Insurance recoveries	-	-	9,500	-
Prepaid expenses and other current assets	2,400	2,562	2,678	2,742
Total current assets	21,070	17,631	22,923	11,868
Property, plant and equipment, net	2,366	2,440	2,452	2,568
Operating lease right-of-use assets, net	688	728	767	1,503
Net carrying amount, finite-lived	3,481	3,570	3,521	-
Trademarks And Trade Names	104	102	137	-
Contractual Rights	2,202	2,202	2,202	-
Licensing Agreements	350	350	350	-
Net carrying amount, indefinite-lived	2,656	2,654	2,689	-
Intangible assets, net	6,137	6,224	6,210	6,429
Other assets	49	-	15	15
Total assets	30,310	27,023	32,367	22,383

Current portion of long-term debt	-	-	-	3,216
Current liabilities of discontinued operations held for sale	-	-	333	459
Accrued expenses	-	-	2,234	2,277
Accrued payroll	-	-	140	315
Deferred income	-	-	79	260
Other current liabilities	-	-	1,231	1,197
Notes and loans payable-current	113	204	368	640
Operating lease obligations	172	168	163	284
Accounts payable	1,025	1,000	2,598	2,887
Accrued expenses and other current liabilities	1,135	836	-	-
Accrued excise taxes and fees	3,525	3,343	3,399	3,856
Contract liabilities	1,936	1,721	-	-
Total current liabilities	7,906	7,272	10,545	15,391
Notes and loans payable	475	504	-	-
Operating lease obligations	556	601	644	1,288
Other long-term liabilities	155	154	74	74
Total liabilities	9,092	8,531	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	-
Series a convertible preferred shares, 0.00001 par value 10,000,000 shares authorized, 9,650 shares issued and outstanding at december 31, 2025 and 0 at december 31, 2024, respectively	-	2,734	-	-
Capital in excess of par value	423,404	414,683	414,487	407,236
Accumulated deficit	-402,186	-398,925	-396,117	-401,606
Total shareholders' equity	21,218	15,758	18,370	5,630
Total liabilities, mezzanine equity and shareholders' equity	30,310	27,023	32,367	22,383

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio266.51%Quick Ratio211.54%Cash Ratio120.73%Debt to Asset Ratio30.00%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsAccounts receivable, netInventoriesOthersLiabilities BreakdownCapital in excess of par valueAccumulated deficitTotal current liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio266.51%Quick Ratio211.54%Cash Ratio120.73%Debt to Asset Ratio30.00%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsAccounts receivable, netInventoriesOthersLiabilities BreakdownCapital in excess of par valueAccumulated deficitTotal current liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets