Filing Flows

Filing Flows › Companies › 22nd Century Group › Cash flow

22nd Century Group cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$4.3M in Q2 2026 · −$8.8M over twelve months

Operating cash flow−$4.0M
Capital spending−$331K
Free cash flow−$4.3M
Cash conversion cycle334 days

Analysis

In Q2 2026, 22nd Century Group generated −$4.0M of operating cash flow and spent $331K on capital projects, leaving free cash flow of −$4.3M. That is $813K less than in Q2 2025 (−$3.5M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$8.4M; the largest uses were operating cash flow ($8.4M), other investing ($1.1M), net borrowing (+) / repaid (−) ($1.0M); besides operations, cash came from other financing ($13.9M); the cash balance rose by $3.0M.

Operating cash flow was −$4.0M against net income of −$3.3M. The largest differences: receivables +$1.2M, income taxes payable −$1.1M, deferred revenue −$506K.

Its cash conversion cycle was 334 days (receivables 133 + inventory 249 − payables 48).

Free cash flow

22nd Century Group: free cash flow by quarter22nd Century Group: free cash flow by quarter−$3.0MQ3 2024−$4.4MQ4 2024−$3.0MQ1 2025−$3.5MQ2 2025−$4.0MQ3 2025$2.7MQ4 2025−$3.1MQ1 2026−$4.3MQ2 2026
Operating cash flow less capital spending.
22nd Century Group: operating cash flow against capital spending22nd Century Group: operating cash flow against capital spendingOperating cash flowCapital spending−$3.0M$70KQ3 2024−$4.4M$0Q4 2024−$3.0M$10KQ1 2025−$3.5M$29KQ2 2025−$4.0M$6KQ3 2025$2.7M$16KQ4 2025−$3.1M$40KQ1 2026−$4.0M$331KQ2 2026
Latest (Q2 2026): Operating cash flow −$4.0M, Capital spending $331K.

Capital allocation, year by year

22nd Century Group: where the cash came from (up) and went (down), by fiscal year22nd Century Group: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsFY2021: Operating cash flow −$22.8MFY2021: Net borrowing $49KFY2021: Shares issued $41.3MFY2021: Capital spending −$745K$41.4MFY2021FY2022: Operating cash flow −$51.7MFY2022: Net borrowing −$3.8MFY2022: Shares issued $35.2MFY2022: Asset sales $409KFY2022: Capital spending −$3.7MFY2022: Acquisitions −$1.3M$35.6MFY2022FY2023: Operating cash flow −$55.0MFY2023: Net borrowing $7.1MFY2023: Asset sales $665KFY2023: Capital spending −$4.7MFY2023: Acquisitions −$254K$7.8MFY2023FY2024: Operating cash flow −$14.3MFY2024: Shares issued $16.1MFY2024: Asset sales $22KFY2024: Capital spending −$141K$16.2MFY2024FY2025: Operating cash flow −$7.7MFY2025: Net borrowing −$4.3MFY2025: Asset sales $770KFY2025: Capital spending −$61K$770KFY2025
Over these 5 years operating cash flow totalled −$152M; the largest uses were operating cash flow ($152M) and capital spending ($9.3M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$6.1M
Debt$708K
Net cash$5.3M
Due within a year$204K
Cash runway8 months

22nd Century Group is burning cash: its operations consume cash, a free cash flow of −$8.8M a year at the current rate against $6.1M of cash and investments: a runway of about 8 months; $204K of debt also comes due within a year, which would need refinancing or new money before any new financing.

22nd Century Group: debt maturities by year (FY2025)22nd Century Group: debt maturities by year (FY2025)$204KYear 1$119KYear 2$127KYear 3$137KYear 4$121KYear 5
Principal due in each year as disclosed in the annual report, against $6.1M of cash and investments now.

Where the cash came from and went

22nd Century Group: sources (+) and uses (−) of cash, Q2 202622nd Century Group: sources (+) and uses (−) of cash, Q2 2026Operating cash flow−$4.0MCash drawn (+) / kept (−)$3.5MOther financing$769KCapital spending−$331KShares issued$43KOther investing$21K
22nd Century Group: sources (+) and uses (−) of cash, TTM to Q2 202622nd Century Group: sources (+) and uses (−) of cash, TTM to Q2 2026Other financing$13.9MOperating cash flow−$8.4MCash drawn (+) / kept (−)−$3.0MOther investing−$1.1MNet borrowing (+) / repaid (−)−$1.0MCapital spending−$393K

From profit to cash

22nd Century Group: net income to operating cash flow, Q2 202622nd Century Group: net income to operating cash flow, Q2 2026Net income−$3.3MDepreciation & amortization$209KStock-based pay$270KReceivables$1.2MInventory−$404KPayables−$347KDeferred revenue−$506KPrepaid and other assets−$70KOther liabilities−$77KIncome taxes payable−$1.1MOperating cash flow−$4.0M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 202613324948334
Q1 20269220347247
Q4 20258617788174
Q3 202575979974
Q2 202588809573
Q1 202545718631
Q4 202440658223
Q3 202433741043

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q2 2026−$4.0M−$331K—$43K$3.5M−$4.3M
Q1 2026−$3.1M−$40K−$124K$15.5M−$2.4M−$3.1M
Q4 2025$2.7M−$16K——−$2.3M$2.7M
Q3 2025−$4.0M−$6K−$199K—−$1.8M−$4.0M
Q2 2025−$3.5M−$29K−$199K—−$1.9M−$3.5M
Q1 2025−$3.0M−$10K−$254K—$3.3M−$3.0M
Q4 2024−$4.4M—−$632K—$919K−$4.4M
Q3 2024−$3.0M−$70K−$421K—−$4.1M−$3.0M

22nd Century Group: income statement and cash flow

22nd Century Group, Q2 2026: revenue $2.9M (-30% year over year), operating margin -114.9%. The chart follows the revenue to costs, profit and cash.

22nd Century Group: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.