Income Statement for 22nd Century Group, Inc. (XXII)

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Income Statement for 22nd Century Group, Inc.
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Profit
Total Revenue 7,278,000 19,000 1,012,000
Cost of Revenue 462,000 68,000 418,000
Gross Profit 6,817,000 -49,000 594,000
Operating Expenses
Research Development 744,000 729,000 2,098,000
Selling General and Administrative 4,116,000 2,267,000 2,072,000
Non Recurring - - -
Others 144,000 198,000 180,000
Total Operating Expenses - - -
Operating Income or Loss 1,812,000 -3,244,000 -3,756,000
Income from Continuing Operations
Total Other Income/Expenses Net -27,217,000 -1,998,000 2,512,000
Earnings Before Interest And Taxes -25,405,000 -5,242,000 -1,244,000
Interest Expense 749,000 1,495,000 104,000
Income Before Tax -26,153,000 -6,737,000 -1,348,000
Income Tax Expense - - -
Minority Interest - 1,000 -6,000
Net Income From Continuing Ops -26,153,000 -6,735,000 -1,354,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -26,153,000 -6,735,000 -1,354,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -26,153,000 -6,735,000 -1,354,000
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