XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Net revenue $ 209,501 $ 200,044
Cost of goods sold 152,032 140,338
Gross profit 57,469 59,706
Operating expenses:    
General and administrative 41,053 44,113
Selling 12,923 11,690
Amortization 3,929 21,804
Marketing and promotion 10,155 11,566
Research and development 41 105
Change in fair value of contingent consideration (15,000) 0
Litigation costs, net of recoveries 1,007 1,595
Restructuring costs 869 4,247
Transaction costs (income), net 400 1,156
Total operating expenses 55,377 96,276
Operating income (loss) 2,092 (36,570)
Interest expense, net (6,696) (9,842)
Non-operating income (expense), net 3,832 12,646
Loss before income taxes (772) (33,766)
Income tax expense (recovery), net 2,285 (886)
Net income (loss) 1,513 (34,652)
Total net income (loss) attributable to:    
Stockholders of Tilray Brands, Inc. (322) (39,165)
Non-controlling interests (1,835) (4,513)
Other comprehensive gain (loss), net of tax    
Foreign currency translation gain (loss) (188) 4,160
Comprehensive income (loss) 1,325 (30,492)
Total comprehensive income (loss) attributable to:    
Stockholders of Tilray Brands, Inc. (489) (35,543)
Non-controlling interests $ 1,814 $ 5,051
Weighted average number of common shares - basic (in shares) 1,060,271,899 875,444,828
Weighted average number of common shares - diluted (in shares) 1,060,271,899 875,444,828
Net loss per share - basic (in dollars per share) $ (0) $ (0.04)
Net loss per share - diluted (in dollars per share) $ (0) $ (0.04)