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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
May 31, 2022
May 31, 2021
Current assets    
Cash and cash equivalents $ 415,909 $ 488,466
Accounts receivable, net 95,279 87,309
Inventory 245,529 256,429
Prepaids and other current assets 46,786 48,920
Current portion of convertible notes receivable   2,485
Total current assets 803,503 883,609
Capital assets 587,499 650,698
Right-of-use assets 12,996 18,267
Intangible assets 1,277,875 1,605,918
Goodwill 2,641,305 2,832,794
Interest in equity investees 4,952 8,106
Long-term investments 10,050 17,685
Convertible notes receivable 111,200  
Other assets 314 8,285
Total assets 5,449,694 6,025,362
Current liabilities    
Bank indebtedness 18,123 8,717
Accounts payable and accrued liabilities 157,431 212,813
Contingent consideration 16,007 60,657
Warrant liability 14,255 78,168
Current portion of lease liabilities 6,703 4,264
Current portion of long-term debt 67,823 36,622
Total current liabilities 280,342 401,241
Lease liabilities 11,329 53,946
Long-term debt 117,879 167,486
Convertible debentures 401,949 667,624
Deferred tax liabilities, net 196,638 265,845
Other liabilities 191 3,907
Total liabilities 1,008,328 1,560,049
Commitments and contingencies (refer to Note 17)
Stockholders' equity    
Common stock ($0.0001 par value; 990,000,000 shares authorized; 532,674,887 and 446,440,641 shares issued and outstanding, respectively) 53 46
Additional paid-in capital 5,382,367 4,792,406
Accumulated other comprehensive (deficit) income (loss) (20,764) 152,668
Accumulated deficit (962,851) (486,050)
Total Tilray Brands, Inc. stockholders' equity 4,398,805 4,459,070
Non-controlling interests 42,561 6,243
Total stockholders' equity 4,441,366 4,465,313
Total liabilities and stockholders' equity $ 5,449,694 $ 6,025,362