22nd Century Group, Inc. reported earnings results for the year ended December 31, 2013. For the year, the company's revenues were $7.28 million compared to $0.02 million for 2012. The increase in revenues in 2013 was primarily due to licensing revenue from British American Tobacco (Investments) Limited of $7 million.

Operating income was $1.8 million compared to an operating loss of $3.2 million for 2012. Net loss was $26.2 million or $0.60 per diluted common share compared to a net loss of $6.7 million or $0.22 per diluted common share for 2012. Adjusted EBITDA was $4.3 million or $0.10 per diluted common share for 2013 compared to Adjusted EBITDA of negative $1.8 million or $0.06 per diluted common share for 2012.