22nd Century reports Q4 EPS ($10.59) vs. ($1,413.40) last year

Reports Q4 revenue $4.0M vs. $7.4M last year. “Our 2024 results demonstrate a challenging but transformative year as we worked our turnaround plan and reset almost all aspects of our business. We are starting 2025 with a new base focused on growth across all of our revenue lines. Our contract manufacturing business begins the year with profitable contracts, and we have begun the relaunch of our reduced nicotine VLN cigarette business that will encompass both our branded VLN products as well as private label partner VLN products,” said CEO Larry Firestone. “We are excited for 2025 as this is really a new start of 22nd Century (XXII) Group, Inc., and are looking forward to shaping our future around our current strategy.”