22nd century group, inc. (XXII)
Income statement / Quarterly
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'11Mar'11Sep'10Jun'10
Revenue:
Sale of products, net

-

-

-

-

-

-

-

-

-

-

-

-

2,231

-

3,097

2,827

3,019

2,931

2,667

2,306

616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income - therapeutic grant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

80

94

49

-

-

Sale of products, net

7,058

7,261

6,461

5,814

6,294

7,135

6,260

6,914

6,116

-

4,530

3,897

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

609

249

166

20

1

Cost of goods sold (exclusive of depreciation shown separately below):
Sale of products

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

16

447

-

52

0

0

-

-

-

-

-

-

-

-

-

-

Total Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

15

0

0

-13

529

154

117

20

1

Products

-

-

-

-

-

-

-

-

-

-

-

-

2,505

-

3,282

2,968

2,895

2,920

2,948

2,600

632

1

59

13

177

27

20

0

0

-

60

-

-

194

130

46

47

5

1

Royalties for licensing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Products

6,771

7,036

6,482

5,901

6,397

6,620

6,109

6,753

6,044

-

4,871

4,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit (loss)

287

224

-21

-86

-103

514

150

161

71

71

-340

-165

-273

-227

-184

-140

123

10

-281

-293

-16

-0

-241

2

269

6,784

31

0

0

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Research and development (including equity-based compensation of $41 and $100, respectively)

960

1,626

1,992

1,986

2,451

3,681

4,009

4,781

2,516

1,217

784

813

550

541

691

509

597

624

505

283

158

381

349

263

222

245

142

165

190

244

155

241

87

588

711

580

216

67

120

Sales, general and administrative (including equity-based compensation of $439 and $349, respectively)

3,141

-

4,059

-

2,474

-

1,997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

-

-

1,142

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative (including equity-based compensation)

-

-

-

2,373

-

-

-

1,914

2,032

-

1,635

1,805

1,620

1,393

1,230

1,721

1,846

1,508

1,303

1,297

3,651

4,662

1,810

1,344

1,005

650

907

1,400

1,148

473

370

1,052

309

404

451

604

325

138

148

Pre-manufacturing facility costs (including equity based compensation of $0, $0 and $27,923, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

474

269

274

158

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Sales and marketing costs (including equity-based compensation)

-

-

-

212

-

-

-

203

199

-

279

267

295

350

277

251

702

480

470

290

115

28

23

34

0

-

4

0

-

15

11

30

3

18

37

59

171

-

-

Depreciation

156

149

157

147

135

134

132

131

124

88

88

88

88

83

81

81

80

80

81

78

78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization

172

164

232

222

216

261

219

170

167

163

145

143

140

135

129

126

124

122

115

109

106

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

124

71

-

63

56

52

52

50

49

45

47

44

44

43

40

41

Total operating expenses

4,429

5,777

7,584

4,942

5,276

6,315

6,359

7,202

5,040

3,844

2,933

3,117

2,696

2,504

2,411

2,689

3,352

2,816

2,476

2,059

4,110

-

2,583

2,041

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,457

-

1,118

1,622

1,391

725

648

1,374

447

1,252

1,375

1,335

804

252

310

Operating loss

-4,142

-5,553

-7,605

-5,028

-5,379

-5,800

-6,208

-7,040

-4,968

-3,773

-3,274

-3,282

-2,969

-2,732

-2,595

-2,830

-3,228

-2,805

-2,757

-2,353

-4,127

-5,717

-2,824

-2,038

-1,187

5,913

-1,086

-1,622

-1,391

-790

-632

-1,374

-447

-1,265

-765

-1,086

-637

-232

-308

Other income (expense):
Unrealized (loss) gain on investment

-445

-1,009

-2,959

-1,423

2,974

-9,878

3,923

92

6,147

-3

0

0

346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on investments

-

-

0

-

-

-

8,345

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized (loss) on short-term investment securities

-3

74

90

71

-16

-5

-6

-42

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation expense

-

-

-

1,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability loss - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,727

1,258

-1,016

-

-

-

-

-

-

-

-

-

-

Warrant amendment inducement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

144

3,736

0

0

0

-

-

-

-

-

-

-

-

-

-

Settlement Proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on the disposition of machinery and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-14

0

85

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Gain (loss) on investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-29

-54

-87

29

-33

-40

-50

-75

-26

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on short-term investment securities

-

-

-

-

-

-

-

-

-92

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on the sale of machinery and equipment

0

0

0

0

87

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability gain (loss), net

-

-

-

-

-

0

0

0

48

-18

-55

-77

-5

15

-46

-9

71

-55

27

112

59

173

142

74

-4,067

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income, net

612

309

242

243

272

310

255

251

251

66

20

12

15

10

2

2

2

6

10

6

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

12

19

12

13

11

6

4

0

0

6

6

7

7

8

9

9

10

25

8

13

5

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability (loss) gain - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

535

1,875

-1,243

-

337

-

-

-

-

Related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

5

6

23

55

55

138

17

9

6

12

66

63

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

552

76

98

326

295

304

295

33

12

10

1

2

12

Total other income (expense)

152

-645

-2,640

-3,012

3,306

-3,118

12,513

301

6,355

37

-42

-73

348

-13

-84

-71

-24

-59

-4

1,064

10

127

100

72

-4,127

-13,734

-14,285

1,176

-1,121

-3,515

183

1,515

-1,676

2,123

315

-17

-14

-68

-

Loss before income taxes

-3,990

-6,198

-10,245

-8,041

-2,073

-8,919

6,304

-6,738

1,386

-3,735

-3,316

-3,355

-2,621

-2,746

-2,679

-2,902

-3,252

-2,864

-2,761

-1,288

-4,116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes - deferred

38

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1

-2

14

-3

-2

-

-

Net loss

-4,028

-6,198

-10,245

-8,041

-2,073

-8,919

6,304

-6,738

1,386

-3,735

-3,316

-3,355

-2,621

-2,746

-2,679

-2,902

-3,252

-2,864

-2,761

-1,288

-4,116

-5,590

-2,724

-1,965

-5,315

-

-15,372

-

-

-4,305

-448

141

-2,122

860

-465

-1,099

-649

-300

-385

Other comprehensive (loss) income:
Unrealized (loss) gain on short-term investment securities

-196

-32

3

89

147

15

33

-70

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of losses to net loss

-3

74

90

71

-16

5

-6

-42

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss)

-193

-107

-87

17

163

9

39

-28

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-4,221

-6,305

-10,333

-8,024

-1,910

-8,909

6,344

-6,766

1,386

-

-3,316

-3,355

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per common share - basic

-

-

-0.08

-

-

-

0.05

-

0.01

-

-0.03

-

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per common share - diluted

-

-

-0.08

-

-

-

0.04

-

0.01

-

-0.03

-

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-445

-2,513

-4,305

-448

141

-2,124

857

-450

-1,103

-651

-300

-385

Net loss per common share - basic and diluted

-0.03

-

-

-0.06

-0.02

-

-

-0.05

-

-

-

-0.04

-

-0.04

-0.03

-0.04

-0.04

-0.04

-0.04

-0.02

-0.06

-0.09

-0.05

-0.03

-0.09

-0.20

-0.32

-0.01

-0.07

-0.13

-0.01

0.00

-0.08

0.04

-0.02

-0.04

-0.03

-0.02

-0.03

Common shares used in basic and diluted net loss per share calculation

138,854

-

-

124,661

124,644

-

-

124,311

-

-

-

91,577

-

88,929

80,386

76,024

74,031

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares used in basic net (loss) income per share calculation

-

-

125,420

-

-

-

124,376

-

124,019

-

100,673

-

90,699

-

-

-

-

-

70,798

66,616

64,187

63,473

60,103

58,749

57,647

51,051

47,389

39,794

36,305

33,351

31,048

29,257

28,020

27,260

27,209

27,204

23,890

15,322

11,193

Common shares used in diluted net (loss) income per share calculation

-

-

125,420

-

-

-

144,382

-

144,164

-

100,673

-

90,699

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-