| Cash Flow | 2025-08-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|
| Impairments | - | 699,235 | - | - |
| Other than temporary change in fair value of convertible notes receivable | - | 20,000 | - | - |
| Net (loss) income | 1,513 | -913,461 | -119,927 | -34,652 |
| Deferred income tax (recovery) expense, net | -2,285 | 2,686 | 1,529 | 382 |
| Unrealized foreign exchange gain | 2,328 | -30,725 | -9,627 | 5,602 |
| Amortization | 15,561 | 99,410 | 65,864 | 31,814 |
| Accretion of convertible debt discount | 1,976 | 8,751 | 5,985 | 3,067 |
| Unrealized loss on digital assets | -8 | - | - | - |
| Other non-cash items | -282 | -1,503 | -3,281 | -729 |
| Stock-based compensation | 5,052 | 18,189 | 14,154 | 6,917 |
| Gain on long-term investments | 39 | -5,540 | -66 | 499 |
| Loss (gain) on derivative instruments | -3,670 | 2,896 | 1,558 | 696 |
| Change in fair value of contingent consideration | -15,000 | 0 | 0 | 0 |
| Accounts receivable | -14,414 | -321 | 9,051 | 2,342 |
| Prepaids and other current assets | 7,133 | 8,258 | 13,046 | 13,570 |
| Inventory | 11,905 | 5,577 | 8,127 | 12,383 |
| Accounts payable and accrued liabilities | -5,127 | -37,960 | -24,828 | -8,472 |
| Net cash used in operating activities | -1,341 | -81,792 | -76,031 | -35,307 |
| Investment in capital and intangible assets | 9,523 | 26,586 | 12,172 | 6,736 |
| Proceeds from disposal of capital and intangible assets | 293 | 833 | 631 | 28 |
| Investment in digital assets | 1,000 | - | - | - |
| Disposal (purchase) of marketable securities, net | -34,697 | 16,276 | 30,369 | 42,687 |
| Business acquisitions, net of cash acquired | - | 18,210 | 18,210 | 0 |
| Net cash provided by (used in) investing activities | 24,467 | -60,239 | -60,120 | -49,395 |
| Share capital issued, net of cash issuance costs | 22,491 | 139,738 | 111,517 | 66,472 |
| Proceeds from long-term debt | - | 3,450 | 0 | 0 |
| Repayment of long-term debt | 2,653 | 16,115 | 10,388 | 4,791 |
| Proceeds from convertible debt | - | 0 | 0 | 0 |
| Repayment of convertible debt | 0 | 330 | 330 | 330 |
| Repayment of lease liabilities | 994 | 2,586 | 1,724 | 862 |
| Net decrease in bank indebtedness | 1,004 | -7,293 | -282 | 101 |
| Net cash provided by financing activities | 19,848 | 116,864 | 98,793 | 60,590 |
| Effect of foreign exchange on cash and cash equivalents | 188 | -3,217 | -1,284 | 958 |
| Net increase (decrease) in cash and cash equivalents | 43,162 | -28,384 | -38,642 | -23,154 |
| Cash and cash equivalents at beginning of period | 221,666 | 228,340 | 228,340 | 228,340 |
| Cash and cash equivalents at end of period | 264,828 | 199,956 | 189,698 | 205,186 |
Tilray Brands, Inc. (TLRY)
Tilray Brands, Inc. (TLRY)