Tilray Brands, Inc.
For the period ended Nov 30, 2025. Filed Jan 8, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2025 · Filed Jan 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity (Unaudited)
Consolidated Statements of Stockholders’** Equity**
(in thousands of United States dollars, except for share data, unaudited)
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number of · Number of · Additional · other · Non- | |||||||||
| common · Common · treasury · Treasury · paid-in · comprehensive · Accumulated · controlling | |||||||||
| shares1 | Stock | shares1 | stock | capital | loss | Deficit | interests | Total | |
| Balance at May 31, 2024 | 83,192,537 | $83 | — | $— | $6,146,810 | $(43,499) | $(2,660,488) | $272 | $3,443,178 |
| Share issuance - At-the-Market (“ATM”) program | 3,669,331 | 4 | — | — | 66,468 | — | — | — | 66,472 |
| Share issuance - RSUs exercised | 682,314 | 1 | — | — | (1) | — | — | — | — |
| Share issuance - options exercised | 301 | — | — | — | — | — | — | — | — |
| Shares effectively repurchased for employee withholding tax | — | — | — | — | (2,661) | — | — | — | (2,661) |
| Stock-based compensation | — | — | — | — | 6,917 | — | — | — | 6,917 |
| Comprehensive income (loss) for the period | — | — | — | — | — | 3,622 | (39,165) | 5,051 | (30,492) |
| Balance at August 31, 2024 | 87,544,483 | $88 | — | $— | $6,217,533 | $(39,877) | $(2,699,653) | $5,323 | $3,483,414 |
| Share issuance - At-the-Market (“ATM”) program | 3,051,756 | 3 | — | — | 45,041 | — | — | — | 45,044 |
| Share issuance - Repurchase of TLRY 27 convertible note | 1,003,464 | 1 | (368,261) | — | 17,084 | — | — | — | 17,085 |
| Share issuance - Settlement of equity component of TLRY 27 convertible note | — | — | — | — | (4,931) | — | — | — | (4,931) |
| Share issuance - Double Diamond Holdings dividend settlement | 1,321,759 | 1 | — | — | 23,823 | — | — | (23,824) | — |
| Share issuance - RSUs exercised | 3,598 | — | — | — | — | — | — | — | — |
| Share issuance - options exercised | 735 | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 7,237 | — | — | — | 7,237 |
| Comprehensive loss for the period | — | — | — | — | — | (8,080) | (85,342) | (819) | (94,241) |
| Balance at November 30, 2024 | 92,925,795 | 93 | (368,261) | — | 6,305,787 | (47,957) | (2,784,995) | (19,320) | 3,453,608 |
| Balance at May 31, 2025 | 106,067,875 | $106 | (200,422) | $— | $6,401,657 | $(43,063) | $(4,847,226) | $(21,899) | $1,489,575 |
| Share issuance - At-the-Market (“ATM”) program | 3,444,380 | 3 | — | — | 22,488 | — | — | — | 22,491 |
| Share issuance - Repurchase of TLRY 27 convertible note | 1,259,182 | 1 | (120,969) | — | 4,799 | — | — | — | 4,800 |
| Share issuance - Settlement of equity component of TLRY 27 convertible note | — | — | — | — | (1,158) | — | — | — | (1,158) |
| Share issuance - RSUs exercised | 1,057,680 | 1 | — | — | (1) | — | — | — | — |
| Shares effectively repurchased for employee withholding tax | — | — | — | — | (1,427) | — | — | — | (1,427) |
| Stock-based compensation | — | — | — | — | 5,052 | — | — | — | 5,052 |
| Comprehensive income (loss) for the period | — | — | — | — | — | (167) | (322) | 1,814 | 1,325 |
| Balance at August 31, 2025 | 111,829,117 | $111 | (321,391) | $— | $6,431,410 | $(43,230) | $(4,847,548) | $(20,085) | $1,520,658 |
| Share issuance - At-the-Market (“ATM”) program | 3,332,844 | 3 | — | — | 50,562 | — | — | — | 50,565 |
| Share issuance - RSUs exercised, net of cancellations | (121,968) | — | — | — | — | — | — | — | — |
| Share issuance - Warrant exercised | 620,900 | 1 | — | — | 6,954 | — | — | — | 6,955 |
| Share issuance - Double Diamond Holdings dividend settlement | 861,707 | 1 | — | — | 14,821 | — | — | (15,182) | (360) |
| Stock-based compensation | — | — | — | — | 7,736 | — | — | — | 7,736 |
| Comprehensive income (loss) for the period | — | — | — | — | — | 3,937 | (44,931) | 1,949 | (39,045) |
| Balance at November 30, 2025 | 116,522,600 | $116 | (321,391) | $— | $6,511,483 | $(39,293) | $(4,892,479) | $(33,318) | $1,546,509 |
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.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.