22nd Century Q2 FY26 net loss narrows 0.9% to $3.27 million; revenue falls 29.9% to $2.86 million

Reuters2026/08/13 10:02

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22nd Century posted Q2 2026 net loss from continuing operations of $3.27 million, narrowing 0.9% year over year.
Net revenues fell 29.9% to $2.86 million, while operating loss widened 10.4% to $3.29 million.
Gross loss narrowed to $293,000 from $635,000, while GAAP loss per share from continuing operations improved to $15.6.
Adjusted EBITDA loss (non-GAAP) widened to $3.5 million from $2.64 million.
Expanded Pinnacle VLN retail distribution, launched Pinnacle Pure, entered California; targeted roughly 5,000 VLN outlets by year-end 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 22nd Century Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130600PRIMZONEFULLFEED9809280) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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22nd Century Q2 FY26 net loss narrows 0.9% to $3.27 million; revenue falls 29.9% to $2.86 million

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