Home / Going-concern warnings / 22nd Century Group, Inc.
Filed 2025-08-14 路 Form 10-Q 路 Accession 0001558370-25-011464 micro
Price before filing: $801 (2025-08-13 close, split/dividend-adjusted)
Market cap at flag: $170.0M (2025-08-14) 路 Latest: $70,096 (2026-10-16)
| Window | XXII | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -35.6% | +2.5% | -38.1% | 2025-09-15 |
| 90 days | -58.8% | +6.3% | -65.1% | 2025-11-12 |
| 180 days | -86.2% | +7.9% | -94.1% | 2026-02-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"As of June 30, 2025, the Company had cash and cash equivalents of $ 3,083 . Given the Company's projected operating requirements and its existing cash and cash equivalents, there is substantial doubt about the Company's ability to continue as a going concern through one year following the date that the Condensed Consolidated Financial Statements are issued."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-06-30)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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