Float & OS12.43 M / 17.65 M
Cash/Shr$0.01
Market Cap & EV—
Short Interest—
Cash$117,147
Est. Cash Today$-3.45 M
Off AbilityHigh
Off FreqLow
DilutionLow
Cash NeedHigh
Overall Offering RiskHigh
Warrant Exercise RiskMedium
Nasdaq ComplianceLow
Shares Outstanding History
Cash Position
Cash Position
The company has -28.9 months of cash left based on the quarterly cash burn of $-357,090 and estimated current cash of $-3.45 M.
Commentary on Financial Condition
“March 31, 2024, we had $0.117 million in cash and liquid stock of XXII. Our Chief Executive Officer holds the XXII shares pursuant to the pledge agreement and has the power at any time to permit us to sell the shares to provide working capital. We have borrowed substantial” (from May 2024 filing’s Liquidity and Capital Resources) Filed At: 2024-05-06
Recent Filings
| SEC STAFF ACTION | Form SEC STAFF ACTION | 2025-05-09 |
| 15-12G | Form 15-12G | 2024-07-15 |
| 1-A | Form 1-A | 2024-06-11 |
| 8-K | Form 8-K | 2024-05-16 |
| 8-K | Form 8-K | 2024-05-07 |
| 10-Q | Form 10-Q | 2024-05-06 |
| 10-K | Form 10-K | 2024-04-01 |
| 8-K | Form 8-K | 2024-03-07 |
Insights
A $385,000 convertible note converts at $0.25 per share, which at that price is 1,540,000 shares.
8-K · 2024-03-07
A $385,000 convertible note converts at $1.40 per share, which at that price is 275,000 shares.
8-K · 2022-03-04
A 1-for-28 reverse stock split took effect on December 31, 2021.
· 2021-12-31
An at-the-market programme of up to $1,750,000 is in place.
8-K · 2021-02-17
An at-the-market programme of up to $1,944,444 is in place.
S-1 · 2019-12-31