22nd Century Q1 FY26 operating loss widens to $3.04 million; revenue falls 31.1% to $4.1 million

• 22nd Century Group posted Q1 2026 net loss from continuing operations of USD 3.02 million, narrowing from USD 3.27 million year over year.
• Net revenues fell 31.1% year over year to USD 4.11 million, while operating loss widened to USD 3.04 million from USD 2.57 million.
• Adjusted EBITDA loss deepened to USD 2.6 million from USD 2.32 million, while cash and cash equivalents rose to USD 9.55 million at quarter end.
• Pinnacle VLN availability expanded to over 2,000 stores across 20 states, with target of more than 5,000 retail outlets by end of 2026.
• Completed product prototyping ahead of planned PMTA authorization for 100mm format VLN cigarettes, while advancing multiple PMTA submissions across combustible formats including filtered cigars.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-021582), on May 07, 2026, and is solely responsible for the information contained therein.