Filing Flows › 22nd Century Group (XXII) › Q1 2025
22nd Century Group (XXII) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
22nd Century Group (XXII) reported revenue of $6.0M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +48% from the quarter before. Operating margin was -43.1%, net loss $4.3M (72.7% of revenue).
22nd Century Group, Q1 2025: revenue $6.0M (-8% year over year), operating margin -43.1%, net loss $4.3M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0M | +48% | -8% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $6.0M in Q1 2025, down 8% year over year and up 48% from the previous quarter.
Operating costs exceeded revenue by $2.6M, an operating margin of -43.1%. Total costs fell 22% while revenue fell 8%. The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $4.6M loss.
Operating cash flow was −$3.0M. Non-cash charges added back $224K of depreciation and amortization and $26K of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was 22nd Century Group's revenue in the first quarter 2025?
22nd Century Group (XXII) reported revenue of $6.0M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +48% from the quarter before.
Was 22nd Century Group profitable in the first quarter 2025?
Operating loss was $2.6M (-43.1% of revenue) and net loss $4.3M.
Source: 22nd Century Group 10-Q on SEC EDGAR.