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Investor Presentation

SECOND QUARTER 2022 FINANCIAL HIGHLIGHTS 2Q 2022 2Q 2021 Net Revenues $14.5M $8.4M Gross Profit $892K $448K Gross Profit MarginĀ¹ 1. Gross profit margin is calculated by dividing net revenues by gross profit. 6.1% 5.3% +73% QOQ Net Revenues; $4.5M due to acquisition of GVB 80 BPS increase YoY gross profit margin 22ND CENTURY GROUP Operating Loss $(10.5) M $(6.6)M 21
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