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
DateValue
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