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22nd Century Group Update: Q3 2025 Report Highlights Stabilized CMO Operations, Cash-Rich Balance Sheet, and EBITDA Breakeven Target Moved to Q3 2026
ByAinvest
Wednesday, Nov 26, 2025 10:28 am ET1min read
22nd Century Group has repaid all remaining debt and settled a $9.5 million insurance case, strengthening its net-cash position. Q3 2025 revenue was $4.0 million, with a gross profit of $(1.1) million due to higher excise taxes. Adjusted EBITDA was $(2.6) million, stable compared to prior quarters. Management expects to reach EBITDA breakeven by Q3 2026 on higher-margin CMO mix and VLN expansion.
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