All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
7 warning events since 2017; the latest 2025-08-26.
From the record
22nd Century Group, Inc.'s filings since 2017 show 7 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2024-12-17); an auditor change (8-K item 4.01, the latest 2025-08-26) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-26.1% a year over 3 filed years; profitable in 0 of 3.
From the record
22nd Century Group, Inc.'s 3 filed years say what it did: revenue went from $32 million in fiscal 2023 to $18 million in fiscal 2025, down 26.1% a year; it rose in 0 of 2 years; the deepest fall was 45% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 3 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 0.8/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: 22nd Century Group, Inc.'s shareholder treatment is put at 0.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 8% of 6 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -32%: lost 32¢ per shareholder dollar. Leverage 42%: owes 42¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, 22nd Century Group, Inc. lost about 32 cents for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count grew 32946.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 14% of 6 in its family; net margin -28.7%.
From the record
22nd Century Group, Inc.'s standing among 6 graded names in its industry family: revenue of $18 million in fiscal 2025 ranks in the bottom 10% by size; a net margin of -28.7% ranks in the bottom 25%; revenue growth of -26.1% a year over the last 2 filed years ranks in the bottom 8% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 18% of 5 in its family for leadership; chief executive since 2023.
From the record
22nd Century Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Firestone, Lawrence (Chief Executive Officer, as filed), filing under that title since 2023-12-08, 2.9 years (bottom 30% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 13%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 10%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 49% of 6 in its family for room to expand.
From the record
22nd Century Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $7 million against debt of $708 thousand leaves 23.8% of its assets as net cash, top 25% of its family; cash from operations less capital spending is -44.3% of revenue (bottom 8%); a gross margin of 42.1% (bottom 30%); research spending of 3.9% of revenue (top 8%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 21% of 6 in its family for growth drivers.
From the record
22nd Century Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -26.1% a year over the last three filed years against -26.1% over all 3, speeding up (top 42% of its family); the newest year grew -27.9% (bottom 8%); research spending grew -42.3% a year (bottom 8%); capital spending grew -74.4% a year (bottom 8%) (its annual reports). 22nd Century Group, Inc. reported 4 product lines in fiscal 2025: Cigarettes at $13 million (73%), Filtered Cigars at $4 million (23%), Other Tobacco Products at $442 thousand (3%), and 1 more; 0 of 3 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: 22nd Century Group, Inc.'s expectations vs reality is put at 5.0 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 5 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made