22nd Century Group, Inc.: 10-Q filed 2017-08-09

Name: 22nd Century Group, Inc.: 10-Q filed 2017-08-09
Creator: 22nd Century Group, Inc.

What 22nd Century Group, Inc. reported in its quarterly report filed 2017-08-09 (fiscal Q2 2017): 36 published measures, 98 facts as tagged in accession 0001144204-17-041661.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-08-09
Fiscal period: fiscal Q2 2017
Accession: 0001144204-17-041661 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All 22nd Century Group, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2017-06-30	29,121,706	USD
At 2016-12-31	27,642,357	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2017-06-30	4,228,553	USD
At 2016-12-31	3,307,998	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2017-06-30	24,893,153	USD
At 2016-12-31	24,334,359	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-3,355,624	USD	91
2017-01-01 to 2017-06-30	-5,976,901	USD	181
2016-04-01 to 2016-06-30	-2,902,354	USD	91
2016-01-01 to 2016-06-30	-6,154,806	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2017-06-30	-84,115,356	USD
At 2016-12-31	-78,138,455	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	91,577,688	shares	91
2017-01-01 to 2017-06-30	91,165,770	shares	181
2016-04-01 to 2016-06-30	76,024,064	shares	91
2016-01-01 to 2016-06-30	75,027,606	shares	182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Unit	Days
2017-04-01 to 2017-06-30	USD	91
2017-01-01 to 2017-06-30	USD	181
2016-04-01 to 2016-06-30	USD	91
2016-01-01 to 2016-06-30	USD	182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2017-06-30	2,271,789	USD
At 2016-12-31	2,434,663	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	322,983	USD	181
2016-01-01 to 2016-06-30	472,216	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-3,282,525	USD	91
2017-01-01 to 2017-06-30	-6,252,474	USD	181
2016-04-01 to 2016-06-30	-2,830,830	USD	91
2016-01-01 to 2016-06-30	-6,059,234	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2017-06-30	18,039,647	USD
At 2016-12-31	16,797,435	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	7,641	USD	91
2017-01-01 to 2017-06-30	15,560	USD	181
2016-04-01 to 2016-06-30	9,322	USD	91
2016-01-01 to 2016-06-30	19,696	USD	182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2017-06-30	4,086,945	USD
At 2016-12-31	3,249,317	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2017-06-30	2,268,652	USD
At 2016-12-31	1,340,156	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2017-06-30	717,919	USD
At 2016-12-31	40,992	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	3,117,470	USD	91
2017-01-01 to 2017-06-30	5,813,522	USD	181
2016-04-01 to 2016-06-30	2,689,917	USD	91
2016-01-01 to 2016-06-30	6,041,967	USD	182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2017-06-30	4,288,017	USD
At 2016-12-31	3,092,686	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-165,055	USD	91
2017-01-01 to 2017-06-30	-438,952	USD	181
2016-04-01 to 2016-06-30	-140,913	USD	91
2016-01-01 to 2016-06-30	-17,267	USD	182

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	813,287	USD	91
2017-01-01 to 2017-06-30	1,364,138	USD	181
2016-04-01 to 2016-06-30	509,928	USD	91
2016-01-01 to 2016-06-30	1,107,319	USD	182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2017-06-30	97,015,911	shares
At 2016-12-31	90,698,113	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2017-06-30	109,007,539	USD
At 2016-12-31	102,471,907	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2017-06-30	3,330,312	USD
At 2016-12-31	3,316,601	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2017-06-30	1,058,523	USD
At 2016-12-31	881,938	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2017-06-30	7,443,777	USD
At 2016-12-31	7,389,946	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2017-06-30	1,407,638	USD
At 2016-12-31	1,401,566	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2017-06-30	550,937	USD
At 2016-12-31	195,569	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-3,355,624	USD	91
2017-01-01 to 2017-06-30	-5,976,901	USD	181
2016-04-01 to 2016-06-30	-2,902,354	USD	91
2016-01-01 to 2016-06-30	-6,154,806	USD	182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,805,118	USD	91
2017-01-01 to 2017-06-30	3,425,597	USD	181
2016-04-01 to 2016-06-30	1,721,775	USD	91
2016-01-01 to 2016-06-30	3,568,382	USD	182

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	88,464	USD	91
2017-01-01 to 2017-06-30	176,585	USD	181
2016-04-01 to 2016-06-30	81,067	USD	91
2016-01-01 to 2016-06-30	161,664	USD	182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	411,472	USD	181
2016-01-01 to 2016-06-30	363,535	USD	182

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	143,010	USD	91
2017-01-01 to 2017-06-30	283,898	USD	181
2016-04-01 to 2016-06-30	126,041	USD	91
2016-01-01 to 2016-06-30	250,882	USD	182

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-73,099	USD	91
2017-01-01 to 2017-06-30	275,573	USD	181
2016-04-01 to 2016-06-30	-71,524	USD	91
2016-01-01 to 2016-06-30	-95,572	USD	182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	2,943	USD	181
2016-01-01 to 2016-06-30	19,696	USD	182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	666,927	USD	181
2016-01-01 to 2016-06-30	54,499	USD	182

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	1,290,331	USD	181
2016-01-01 to 2016-06-30	440,603	USD	182

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	754,236	USD	181
2016-01-01 to 2016-06-30	112,862	USD	182

Inspect the source

Entity: 22nd Century Group, Inc. / CIK 0001347858
Captured: 2026-09-20T07:55:01.515Z
SEC response SHA-256: 1ac82fc77c0236ba8f9b07f8263455b19a51d03db9c4b0e018b2263ce74b36ac

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001347858.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))