v3.25.1
Note 14 - Contingencies
3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]

Note 14. Contingencies

 

Other major tobacco companies are defendants in product liability claims. In a number of these cases, the amounts of punitive and compensatory damages sought are significant and, if such a claim were brought against the Company, could have a material adverse effect on our business and results of operations. In addition to potential future claims related to our core tobacco products, we are subject to certain lawsuits alleging personal injuries resulting from malfunctioning vaporizer devices sold by our former Creative Distribution Solutions business. The potential losses associated with any such lawsuits are not currently reasonably estimable and therefore are not accrued.