SUBSEQUENT EVENTS	6 Months Ended
Jun. 30, 2026
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 13. - SUBSEQUENT EVENTS On July 1, 2026, the Company received a 180-day termination notice from Smoker Friendly International, LLC (“SF”) in connection with the Master Services Agreement dated January 1, 2025 including all addendums, as amended (the “Agreement”). Upon the expiration of the 180-day termination period, the Company will no longer manufacture cigarette and filtered cigar products for SF. The termination was submitted pursuant to the termination for convenience clause in the Agreement. The Company will not incur any early termination penalties. As a result, the Company will record an impairment charge of $300 during the third quarter of 2026 related to the predicate license indefinite-lived intangible asset utilized for SF cigarette products. On August 13, 2026, the Company entered into an amendment with the holders of all of the outstanding June 2026 Inducement Warrants whereby the exercise price was reduced to $0.3675 and to allow all of the June 2026 Inducement Warrants to be exercised on a cashless basis. Following the amendment, all 3,019,586 warrants were exercised on a cashless basis for an aggregate of 2,742,397 shares of common stock, with 2,531,242 of such shares held in abeyance. Following the exercise, no warrants remain outstanding.

SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2026

NOTE 13. - SUBSEQUENT EVENTS

On July 1, 2026, the Company received a 180-day termination notice from Smoker Friendly International, LLC (“SF”) in connection with the Master Services Agreement dated January 1, 2025 including all addendums, as amended (the “Agreement”). Upon the expiration of the 180-day termination period, the Company will no longer manufacture cigarette and filtered cigar products for SF. The termination was submitted pursuant to the termination for convenience clause in the Agreement. The Company will not incur any early termination penalties. As a result, the Company will record an impairment charge of $300 during the third quarter of 2026 related to the predicate license indefinite-lived intangible asset utilized for SF cigarette products.

On August 13, 2026, the Company entered into an amendment with the holders of all of the outstanding June 2026 Inducement Warrants whereby the exercise price was reduced to $0.3675 and to allow all of the June 2026 Inducement Warrants to be exercised on a cashless basis. Following the amendment, all 3,019,586 warrants were exercised on a cashless basis for an aggregate of 2,742,397 shares of common stock, with 2,531,242 of such shares held in abeyance. Following the exercise, no warrants remain outstanding.