22nd century group, inc. (XXII)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current Assets:
Cash and cash equivalents

719

485

617

874

588

604

759

3,373

5,545

3,659

-

-

-

13,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investment securities

33,274

38,477

43,101

46,095

51,263

55,748

61,362

50,081

53,864

58,975

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

15,022

12,482

10,729

-

5,190

2,840

6,051

3,760

6,741

8,196

3,843

6,402

10,020

4,172

5,373

5,830

1,035

451

278

0

5

2

0

252

4

86

0

Accounts receivable, net

1,132

867

773

910

1,474

871

936

1,283

676

957

126

717

2

40

16

105

102

51

225

449

209

0

-

16

-

-

-

-

-

-

-

-

-

-

86

150

-

Settlement proceeds receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Grant receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

223

Due from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

46

46

46

44

44

42

42

40

39

38

36

23

21

19

15

14

14

-

Due from officers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7

7

7

7

3

0

10

4

7

-

-

-

Inventory, net

2,448

2,266

2,384

2,931

3,334

3,043

3,330

2,942

3,162

3,282

4,034

4,288

3,034

3,092

3,047

3,146

2,920

2,706

2,374

2,381

2,563

2,064

1,748

1,732

1,651

1,406

1,288

1,257

1,231

1,230

1,154

1,172

678

678

833

916

308

Prepaid consulting fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,978

4,047

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

922

648

872

1,273

885

928

1,280

1,321

1,053

746

542

550

433

195

414

717

529

710

482

455

457

214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Machinery and equipment held for resale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

251

241

0

22

32

49

10

26

47

203

17

82

150

211

Machinery and equipment held for resale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

457

-

-

-

-

-

-

-

-

-

-

-

Total current assets

38,495

42,743

47,749

52,086

57,547

61,197

67,667

59,002

64,302

67,621

19,725

18,039

14,199

16,797

8,669

6,810

9,604

7,227

9,870

12,129

7,120

10,706

16,035

6,217

7,308

7,744

2,394

1,788

1,605

1,281

1,210

1,255

905

971

1,021

1,317

744

Property, plant and equipment:
Machinery and equipment, net

2,972

3,120

3,241

3,355

3,333

3,260

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating leases right-of-use assets, net

729

602

655

707

759

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total property, plant and equipment

3,701

3,722

3,896

4,063

4,092

3,260

3,306

3,417

3,437

3,316

3,099

2,271

2,360

2,434

2,448

2,414

2,476

2,555

2,646

2,715

2,793

2,850

2,880

2,952

2,934

2,997

26

27

28

6

6

6

7

7

8

4

-

Other assets:
Intangible assets, net

8,512

8,494

8,535

9,754

9,722

9,751

8,709

8,640

7,476

7,435

7,468

7,443

7,438

7,389

7,400

7,385

7,383

7,364

7,305

7,205

7,165

7,077

-

1,727

1,594

1,544

1,419

1,345

1,338

1,353

1,366

1,366

1,361

1,387

1,406

1,432

1,467

Investments

8,096

8,403

1,682

4,641

6,065

3,092

6,731

7,513

7,513

1,366

-

-

-

1,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible note

5,660

5,589

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

22,268

22,486

10,217

14,396

-

12,843

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment

-

-

-

-

-

-

-

-

-

-

1,366

1,366

1,366

-

1,050

1,080

1,135

1,222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,528

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,193

1,226

1,267

1,318

1,393

342

92

0

-

-

-

-

-

-

-

-

-

-

-

Total other assets

-

-

-

-

15,788

-

15,441

16,153

14,990

8,801

8,835

8,810

8,805

8,410

8,451

8,466

8,518

8,586

8,498

8,432

8,432

8,396

-

-

-

1,544

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

852

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred private placement costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

46

-

-

-

-

587

Deferred debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4

8

14

-

22

-

-

-

Deferred debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

Total other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,773

2,070

1,687

-

1,445

1,372

1,366

1,357

1,428

1,434

1,389

1,417

1,414

1,438

2,056

Total assets

64,464

68,951

61,864

70,546

77,429

77,302

86,415

78,573

82,729

79,739

31,660

29,121

25,365

27,642

19,568

17,691

20,599

18,370

21,016

23,278

18,346

21,953

26,689

11,240

11,930

12,286

3,840

3,161

2,972

2,644

2,638

2,689

2,294

2,388

2,436

2,755

2,800

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Demand bank loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

174

174

174

174

174

174

174

174

174

174

174

174

174

174

174

174

174

174

Accrued interest payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

9

4

3

3

1

40

6

21

-

190

Preferred stock dividend payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93

52

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

524

123

-

Due to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

Due to officers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

-

-

-

31

4

3

Notes payable to shareholders, net of unamortized discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

-

1,095

Notes payable

587

581

576

598

698

689

392

390

-

0

326

320

314

307

327

320

314

308

328

332

320

320

-

-

-

0

1,076

1,050

1,050

617

623

477

487

425

-

-

-

Operating lease obligations

301

220

217

214

211

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

1,446

1,997

1,646

2,220

3,330

2,574

3,853

3,049

3,318

2,080

1,627

2,268

1,728

1,340

1,381

1,567

1,729

1,283

1,238

984

1,413

884

486

727

272

54

509

422

212

1,410

1,308

1,120

1,189

1,064

1,221

1,209

2,900

Accrued interest payable to shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

Accrued expenses

2,431

2,619

1,796

4,057

1,697

1,826

1,902

1,920

1,649

1,987

1,307

1,407

1,227

1,401

1,050

1,191

1,222

1,423

1,005

1,148

307

1,081

1,833

658

700

575

139

329

224

503

554

440

309

561

542

190

227

Accrued severance

199

359

196

-

-

0

-

-

-

-

38

90

149

199

227

225

218

220

339

286

229

212

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred income

71

5

594

90

274

83

486

249

0

28

158

-

-

0

-

-

-

-

-

-

-

0

0

0

0

179

-

-

-

0

-

-

-

-

-

80

223

Convertible notes, net of unamortized discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

198

143

1,893

1,551

1,243

949

641

-

-

-

Warrant liability

-

-

-

-

-

-

0

167

167

216

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

290

-

-

-

-

-

-

-

-

-

-

Total current liabilities

5,035

5,781

5,027

7,181

6,211

5,173

6,634

5,778

5,135

4,313

3,459

4,086

3,419

3,249

2,986

3,304

3,485

3,236

3,086

2,927

2,446

2,673

2,495

1,561

1,147

984

2,206

2,278

1,860

4,602

4,265

3,458

3,150

2,873

2,666

1,793

4,823

Long-term liabilities:
Long term notes payable to shareholders, net of unamortized discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65

Notes payable

292

292

589

559

849

848

286

285

-

0

-

-

-

-

307

307

307

307

615

605

605

605

-

-

-

0

-

175

175

-

0

140

140

177

-

-

-

Operating lease obligations

429

382

438

493

548

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Severance Obligations

399

446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued severance

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued severance

-

-

499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of accrued severance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

90

145

199

253

307

363

412

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Total liabilities excluding warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,453

-

-

-

-

-

-

-

-

-

Convertible notes, net of unamortized discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

-

-

-

-

-

-

Long-term notes, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

227

-

-

Long-term notes, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

627

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

197

141

64

58

73

26

17

2,898

2,843

2,871

2,983

3,042

3,216

549

623

3,779

18,637

7,917

8,669

4,173

653

1,096

1,900

550

2,724

3,061

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

852

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

6,155

6,901

6,554

8,234

7,609

6,021

6,921

6,063

-

4,313

3,657

4,228

3,483

3,307

3,398

3,729

3,955

6,642

6,799

6,710

6,398

6,733

6,563

2,110

1,771

4,763

20,844

10,371

10,704

8,776

4,997

4,694

5,190

3,600

5,617

5,482

4,889

Commitments and contingencies (Note 11)

-

-

-

-

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity
Preferred Shares Value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Common stock value

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

Capital in excess of par value

188,215

187,735

174,689

171,357

170,841

170,392

169,696

169,056

167,373

166,592

115,434

109,007

102,640

102,471

91,560

86,673

86,452

78,284

77,908

77,497

71,588

70,744

70,060

56,339

55,403

47,452

15,103

9,525

8,608

7,645

7,112

7,017

6,263

5,822

4,711

4,715

3,598

Accumulated other comprehensive (loss) income

-186

7

114

201

184

21

11

-28

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-129,721

-125,693

-119,494

-109,248

-101,207

-99,134

-90,215

-96,519

-89,781

-91,167

-87,431

-84,115

-80,759

-78,138

-75,391

-72,711

-69,809

-66,557

-63,692

-60,930

-59,641

-55,525

-49,934

-47,210

-45,244

-39,929

-32,108

-16,735

-16,341

-13,776

-9,471

-9,022

-9,164

-7,041

-7,905

-7,440

-5,687

Total shareholders' equity

58,309

62,050

55,310

62,312

69,819

71,280

79,494

72,509

77,594

75,426

28,003

24,893

21,882

24,334

16,169

13,962

16,644

11,728

-

-

-

15,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-controlling interest - consolidated subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

4

5

12

-1

-0

Total shareholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,216

16,567

11,947

-

20,126

9,129

10,159

7,522

-17,004

-7,210

-7,732

-6,131

-2,358

-2,004

-2,895

-1,212

-3,181

-2,727

-2,088

Total liabilities and shareholders' equity

64,464

68,951

61,864

70,546

77,429

77,302

86,415

78,573

82,729

79,739

31,660

29,121

25,365

27,642

19,568

17,691

20,599

18,370

21,016

23,278

18,346

21,953

26,689

11,240

11,930

12,286

3,840

3,161

2,972

2,644

2,638

2,689

2,294

2,388

2,436

2,755

2,800