22nd Century (XXII) Restructuring Costs (2019 - 2023)
22nd Century (XXII) posted Restructuring Costs of -$21.9 million for Q4 2023, down 190.07% sequentially from $24.3 million in Q3 2023.
22nd Century (XXII) Restructuring Costs (2019 - 2023) Analysis & Trends
22nd Century (XXII) has 3 years of Restructuring Costs data on file, last reported at -$21.9 million in Q4 2023.
- Quarterly Restructuring Costs changed N/A year-over-year to -$21.9 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $3.2 million (changed N/A YoY) and the FY2023 annual result came in at $2.4 million, changed N/A from the prior year.
- Restructuring Costs declined to -$21.9 million in Q4 2023 per XXII's latest filing, from $24.3 million in the prior quarter.
- The five-year high for Restructuring Costs was $24.3 million in Q3 2023, with the low at -$21.9 million in Q4 2023.
- Average Restructuring Costs over 3 years is $750625.0, with a median of $408500.0 recorded in 2023.
- The widest YoY moves for Restructuring Costs: up 56451.16% in 2023, down 91.11% in 2023.
- 22nd Century's Restructuring Costs stood at $1.9 million in 2019, then plunged by 97.73% to $43000.0 in 2022, then plunged by 51034.88% to -$21.9 million in 2023.
- Business Quant data shows XXII's Restructuring Costs at -$21.9 million in Q4 2023, $24.3 million in Q3 2023, and $70000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -21.90 Mn |
| Sep 30, 2023 | 24.32 Mn |
| Jun 30, 2023 | 70,000.00 |
| Mar 31, 2023 | 747,000.00 |
| Sep 30, 2022 | 43,000.00 |
| Jun 30, 2022 | 787,000.00 |
| Mar 31, 2022 | 52,000.00 |
| Jun 30, 2019 | 1.89 Mn |