v3.26.3
Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2026
May 31, 2026
Current assets    
Cash and cash equivalents $ 214,960 $ 225,977
Restricted cash 3,383 3,365
Marketable securities 3,047 5,289
Accounts receivable, net 190,617 189,170
Inventory 328,973 301,192
Prepaids and other current assets 64,160 64,692
Assets held for sale 2,449 2,449
Total current assets 807,589 792,134
Capital assets 665,923 680,225
Operating lease, right-of-use assets 42,030 42,318
Digital assets 720 674
Intangible assets 42,468 42,779
Goodwill 752,350 752,350
Long-term investments 6,365 6,551
Other assets 10,509 10,981
Total assets 2,327,954 2,328,012
Liabilities, Current [Abstract]    
Bank indebtedness 8,688 8,775
Accounts payable and accrued liabilities 335,415 318,088
Operating and Finance Lease Liability, Current 11,902 13,357
Current portion of long-term debt 15,457 18,160
5.20% Convertible Notes (“TLRY 27 Notes”), current portion 59,224 0
Total current liabilities 430,686 358,380
Liabilities, Noncurrent [Abstract]    
Operating and Finance Lease Liability, Noncurrent 158,610 158,155
Long-term debt 118,046 120,425
Convertible debentures payable 0 79,529
Deferred tax liabilities, net 9,746 12,256
Other liabilities 4,192 4,400
Total liabilities 721,280 733,145
Commitments and contingencies (refer to Note 18)
Stockholders' equity    
Common stock ($0.0001 par value; 1,416,000,000 common shares authorized; 144,936,074 and 131,683,075 common shares issued and outstanding, respectively) [1] 145 132
Treasury Stock (1,124,869 and 589,217 treasury shares issued and outstanding, respectively) [1] 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 6,674,469 6,627,056
Accumulated other comprehensive loss (39,492) (44,233)
Accumulated deficit (5,011,764) (4,968,623)
Total Tilray Brands, Inc. stockholders' equity 1,623,358 1,614,332
Non-controlling interests (16,684) (19,465)
Total stockholders' equity 1,606,674 1,594,867
Total liabilities and stockholders' equity $ 2,327,954 $ 2,328,012
[1] The prior year share amounts have been retrospectively adjusted to reflect the Reverse Stock Split, which became effective on December 2, 2025. See Note 1 (Basis of presentation and summary of significant accounting policies).