v3.26.1
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
At-the-Market Program [Member]
Common Stock [Member]
At-the-Market Program [Member]
Treasury Stock, Common [Member]
At-the-Market Program [Member]
Additional Paid-in Capital [Member]
At-the-Market Program [Member]
AOCI Attributable to Parent [Member]
At-the-Market Program [Member]
Retained Earnings [Member]
At-the-Market Program [Member]
Noncontrolling Interest [Member]
At-the-Market Program [Member]
TLRY 27 [Member]
Common Stock [Member]
TLRY 27 [Member]
Treasury Stock, Common [Member]
TLRY 27 [Member]
Additional Paid-in Capital [Member]
TLRY 27 [Member]
AOCI Attributable to Parent [Member]
TLRY 27 [Member]
Retained Earnings [Member]
TLRY 27 [Member]
Noncontrolling Interest [Member]
TLRY 27 [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Common Stock [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Treasury Stock, Common [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Additional Paid-in Capital [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
AOCI Attributable to Parent [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Retained Earnings [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Noncontrolling Interest [Member]
Settlement of TLRY 27 Convertible Note With Share Issuance [Member]
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at May. 31, 2024 [1]                                           83,192,537            
Balance at May. 31, 2024                                           $ 83 $ 0 $ 6,146,810 $ (43,499) $ (2,660,488) $ 272 $ 3,443,178
Share issuance - At-the-Market (“ATM”) program (in shares) [1] 3,669,331                                                      
Share issuance - At-the-Market (“ATM”) program $ 4 $ 0 $ 66,468 $ 0 $ 0 $ 0 $ 66,472                                          
Share issuance - RSUs exercised (in shares) [1]                                           682,314            
Share issuance - RSUs exercised                                           $ 1 0 (1) 0 0 0 0
Share issuance - options exercised (in shares) [1]                                           301            
Share issuance - options exercised                                           $ 0 0 0 0 0 0 0
Shares effectively repurchased for employee withholding tax                                           0 0 (2,661) 0 0 0 (2,661)
Stock-based compensation                                           0 0 6,917 0 0 0 6,917
Net comprehensive (loss) income                                           $ 0 0 0 3,622 (39,165) 5,051 (30,492)
Balance (in shares) at Aug. 31, 2024 [1]                                           87,544,483            
Balance at Aug. 31, 2024                                           $ 88 0 6,217,533 (39,877) (2,699,653) 5,323 3,483,414
Balance (in shares) at May. 31, 2024 [1]                                           83,192,537            
Balance at May. 31, 2024                                           $ 83 0 6,146,810 (43,499) (2,660,488) 272 3,443,178
Net comprehensive (loss) income                                                       (923,656)
Balance (in shares) at Feb. 28, 2025                                           98,337,262            
Balance at Feb. 28, 2025                                           $ 99 $ 0 6,357,039 (52,935) (3,574,431) (27,669) 2,702,103
Balance (in shares) at Feb. 28, 2025                                             (961,942)          
Balance (in shares) at Aug. 31, 2024 [1]                                           87,544,483            
Balance at Aug. 31, 2024                                           $ 88 $ 0 6,217,533 (39,877) (2,699,653) 5,323 3,483,414
Share issuance - At-the-Market (“ATM”) program (in shares) [1] 3,051,756                                                      
Share issuance - At-the-Market (“ATM”) program $ 3 0 45,041 0 0 0 45,044                                          
Share issuance - RSUs exercised (in shares) [1]                                           3,598            
Share issuance - RSUs exercised                                           $ 0 0 0 0 0 0 0
Share issuance - options exercised (in shares) [1]                                           735            
Share issuance - options exercised                                           $ 0 0 0 0 0 0 0
Stock-based compensation                                           0 0 7,237 0 0 0 7,237
Net comprehensive (loss) income                                           $ 0 0 0 (8,080) (85,342) (819) (94,241)
Share issuance - Repurchase of convertible note (in shares) [1]               1,003,464 (368,261)                                      
Share issuance - Repurchase of convertible note               $ 1 $ 0 $ 17,084 $ 0 $ 0 $ 0 $ 17,085                            
Share issuance - Settlement of equity component of convertible note                             $ 0 $ 0 $ (4,931) $ 0 $ 0 $ 0 $ (4,931)              
Share issuance - Double Diamond Holdings dividend settlement (in shares) [1]                                           1,321,759            
Share issuance - Double Diamond Holdings dividend settlement                                           $ 1 0 23,823 0 0 (23,824) 0
Share issuance - Settlement of equity component of TLRY 27 convertible note                             $ (0) $ (0) $ 4,931 $ (0) $ (0) $ (0) $ 4,931              
Balance (in shares) at Nov. 30, 2024 [1]                                           92,925,795            
Balance at Nov. 30, 2024                                           $ 93 $ 0 6,305,787 (47,957) (2,784,995) (19,320) 3,453,608
Balance (in shares) at Nov. 30, 2024 [1]                                             (368,261)          
Share issuance - At-the-Market (“ATM”) program (in shares) [1] 2,639,994                                                      
Share issuance - At-the-Market (“ATM”) program $ 3 0 28,219 0 0 0 28,222                                          
Share issuance - RSUs exercised (in shares) [1]                                           57,796            
Share issuance - RSUs exercised                                           $ 0 $ 0 0 0 0 0 0
Stock-based compensation                                           0 0 4,035 0 0 0 4,035
Net comprehensive (loss) income                                           0 0 0 (4,978) (789,436) (4,509) (798,923)
Share issuance - Repurchase of convertible note (in shares) [1]               2,713,677 (593,681)                                      
Share issuance - Repurchase of convertible note               $ 3 $ 0 26,440 0 0 0 26,443                            
Share issuance - Settlement of equity component of convertible note               0 0 7,442 0 0 0 7,442                            
Share issuance - Settlement of equity component of TLRY 27 convertible note               $ 0 $ 0 (7,442) 0 0 0 (7,442)                            
Disposal of SH Acquisition non-controlling interests                                           $ 0 0 0 0 0 (3,840) (3,840)
Balance (in shares) at Feb. 28, 2025                                           98,337,262            
Balance at Feb. 28, 2025                                           $ 99 $ 0 6,357,039 (52,935) (3,574,431) (27,669) 2,702,103
Balance (in shares) at Feb. 28, 2025                                             (961,942)          
Balance (in shares) at Nov. 30, 2024 [1]                                             (368,261)          
Balance (in shares) at May. 31, 2025 [1]                                           106,067,875            
Balance at May. 31, 2025                                           $ 106 $ 0 6,401,657 (43,063) (4,847,226) (21,899) 1,489,575
Share issuance - At-the-Market (“ATM”) program (in shares) [1] 3,444,380                                                      
Share issuance - At-the-Market (“ATM”) program $ 3 0 22,488 0 0 0 $ 22,491                                          
Share issuance - RSUs exercised (in shares)                                           1,057,680            
Share issuance - RSUs exercised                                           $ 1 0 (1) 0 0 0 0
Shares effectively repurchased for employee withholding tax                                           0 0 (1,427) 0 0 0 (1,427)
Stock-based compensation                                           0 0 5,052 0 0 0 5,052
Net comprehensive (loss) income                                           $ 0 0 0 (167) (322) 1,814 1,325
Share issuance - Repurchase of convertible note (in shares)               1,259,182 (120,969)                                      
Share issuance - Repurchase of convertible note               $ 1 $ 0 4,799 0 0 0 4,800                            
Share issuance - Settlement of equity component of convertible note               0 0 1,158 0 0 0 1,158                            
Share issuance - Settlement of equity component of TLRY 27 convertible note               $ 0 $ 0 $ (1,158) $ 0 $ 0 $ 0 $ (1,158)                            
Balance (in shares) at Aug. 31, 2025 [1]                                           111,829,117            
Balance at Aug. 31, 2025                                           $ 111 $ 0 6,431,410 (43,230) (4,847,548) (20,085) $ 1,520,658
Balance (in shares) at Aug. 31, 2025 [1]                                             (321,391)          
Balance (in shares) at May. 31, 2025                                             (200,422) [1]         200,422
Balance (in shares) at May. 31, 2025 [1]                                           106,067,875            
Balance at May. 31, 2025                                           $ 106 $ 0 $ 6,401,657 (43,063) (4,847,226) (21,899) $ 1,489,575
Share issuance - At-the-Market (“ATM”) program (in shares)             6,777,224                                          
Net comprehensive (loss) income                                                       $ (67,640)
Share issuance - Double Diamond Holdings dividend settlement (in shares)                                               14,821       861,707
Balance (in shares) at Feb. 28, 2026                                           116,546,939            
Balance at Feb. 28, 2026                                           $ 116 $ 0 $ 6,520,501 (44,198) (4,919,051) (31,761) $ 1,525,607
Balance (in shares) at Feb. 28, 2026                                             (321,391)         321,391
Balance (in shares) at May. 31, 2025                                             (200,422) [1]         200,422
Share issuance - Warrant exercised (in shares)                                                       620,900
Fractional shares cancelled pursuant to Reverse Stock Split (in shares)                                                       (20,652)
Balance (in shares) at Aug. 31, 2025 [1]                                           111,829,117            
Balance at Aug. 31, 2025                                           $ 111 $ 0 6,431,410 (43,230) (4,847,548) (20,085) $ 1,520,658
Share issuance - At-the-Market (“ATM”) program (in shares) 3,332,844                                                      
Share issuance - At-the-Market (“ATM”) program $ 3 $ 0 $ 50,562 $ 0 $ 0 $ 0 $ 50,565                                          
Share issuance - RSUs exercised (in shares) [1]                                           (121,968)            
Share issuance - RSUs exercised                                           $ 0 0 0 0 0 0 0
Stock-based compensation                                           0 0 7,736 0 0 0 7,736
Net comprehensive (loss) income                                           $ 0 0 0 3,937 (44,931) 1,949 (39,045)
Share issuance - Double Diamond Holdings dividend settlement (in shares) [1]                                           861,707            
Share issuance - Double Diamond Holdings dividend settlement                                           $ 1 0 14,821 0 0 (15,182) (360)
Balance (in shares) at Nov. 30, 2025 [1]                                           116,522,600            
Balance at Nov. 30, 2025                                           $ 116 $ 0 6,511,483 (39,293) (4,892,479) (33,318) 1,546,509
Balance (in shares) at Nov. 30, 2025 [1]                                             (321,391)          
Balance (in shares) at Aug. 31, 2025 [1]                                             (321,391)          
Share issuance - Warrant exercised (in shares) [1]                                           620,900            
Share issuance - Warrant exercised                                           $ 1 $ 0 6,954 0 0 0 6,955
Share issuance - RSUs exercised (in shares)                                           44,991            
Share issuance - RSUs exercised                                           $ 0 0 0 0 0 0 0
Stock-based compensation                                           0 0 9,177 0 0 0 9,177
Net comprehensive (loss) income                                           $ 0 0 0 (4,905) (26,572) 1,557 (29,920)
Balance (in shares) at Feb. 28, 2026                                           116,546,939            
Balance at Feb. 28, 2026                                           $ 116 $ 0 6,520,501 (44,198) (4,919,051) (31,761) $ 1,525,607
Balance (in shares) at Feb. 28, 2026                                             (321,391)         321,391
Balance (in shares) at Nov. 30, 2025 [1]                                             (321,391)          
Fractional shares cancelled pursuant to Reverse Stock Split (in shares)                                           (20,652)            
Fractional shares cancelled pursuant to Reverse Stock Split                                           $ 0 $ 0 $ (159) $ 0 $ 0 $ 0 $ (159)
[1] Current and prior year share amounts have been retrospectively adjusted to reflect the Reverse Stock Split, which became effective on December 2, 2025. See Note 1 for details.