22nd Century (XXII) Restructuring Costs (2019 - 2023)
22nd Century's (XXII) quarterly Restructuring Costs came in at -$21.9 million in Q4 2023, down 190.07% quarter-over-quarter from $24.3 million in Q3 2023.
Analysis
22nd Century (XXII) Restructuring Costs (2019 - 2023) Analysis & Trends
22nd Century has disclosed Restructuring Costs across 3 years of filings, most recently posting -$21.9 million for Q4 2023.
- In Q4 2023, Restructuring Costs changed N/A year-over-year to -$21.9 million; the TTM figure through Dec 2023 stood at $3.2 million (changed N/A YoY), while the FY2023 annual figure was $2.4 million, changed N/A from the prior year.
- Restructuring Costs came in at -$21.9 million for Q4 2023 at 22nd Century, down from $24.3 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $24.3 million in Q3 2023 to a low of -$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 largest YoY upside for Restructuring Costs was 56451.16% in 2023 against a maximum downside of 91.11% in 2023.
- Over 3 years, Restructuring Costs stood at $1.9 million in 2019, then sank by 97.73% to $43000.0 in 2022, then sank by 51034.88% to -$21.9 million in 2023.
- Per Business Quant data, the three most recent Restructuring Costs figures were -$21.9 million in Q4 2023, $24.3 million in Q3 2023, and $70000.0 in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic 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 |