v3.25.2
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
May 31, 2025
May 31, 2024
Current assets    
Cash and cash equivalents $ 221,666 $ 228,340
Marketable securities 34,697 32,182
Accounts receivable, net 121,489 101,695
Inventory 270,882 252,087
Prepaids and other current assets 34,092 31,332
Assets held for sale 5,800 32,074
Total current assets 688,626 677,710
Capital assets 568,433 558,247
Operating lease, right-of-use assets 22,279 16,101
Intangible assets 21,423 915,469
Goodwill 752,350 2,008,884
Long-term investments 10,132 7,859
Convertible notes receivable 0 32,000
Other assets 11,084 5,395
Total assets 2,074,327 4,221,665
Liabilities, Current [Abstract]    
Bank indebtedness 7,181 18,033
Accounts payable and accrued liabilities 235,322 241,957
Contingent consideration 15,000 15,000
Warrant liability 1,092 3,253
Operating and Finance Lease Liability, Current 6,941 5,091
Current portion of long-term debt 14,767 15,506
Deduct - current portion 0 330
Total current liabilities 280,303 299,170
Liabilities, Noncurrent [Abstract]    
Operating and Finance Lease Liability, Noncurrent 64,925 60,422
Long-term debt 148,493 158,352
Convertible debentures payable 86,428 129,583
Deferred tax liabilities, net 3,748 130,870
Other liabilities 855 90
Total liabilities 584,752 778,487
Commitments and contingencies (refer to Note 28)
Stockholders' equity    
Common stock ($0.0001 par value; 1,416,000,000 common shares authorized; 1,060,678,745 and 831,925,373 common shares issued and outstanding, respectively) 106 83
Treasury Stock (2,004,218 and nil treasury shares issued and outstanding, respectively) 0 0
Preferred shares ($0.0001 par value; 10,000,000 preferred shares authorized; nil and nil preferred shares issued and outstanding, respectively) 0 0
Additional paid-in capital 6,401,657 6,146,810
Accumulated other comprehensive loss (43,063) (43,499)
Accumulated Deficit (4,847,226) (2,660,488)
Total Tilray Brands, Inc. stockholders' equity 1,511,474 3,442,906
Non-controlling interests (21,899) 272
Total stockholders' equity 1,489,575 3,443,178
Total liabilities and stockholders' equity $ 2,074,327 $ 4,221,665