Consolidated Statements of Financial Position - USD ($) $ in Thousands	May 31, 2025	May 31, 2024
Current assets
Cash and cash equivalents	$ 221,666	$ 228,340
Marketable securities	34,697	32,182
Accounts receivable, net	121,489	101,695
Inventory	270,882	252,087
Prepaids and other current assets	34,092	31,332
Assets held for sale	5,800	32,074
Total current assets	688,626	677,710
Capital assets	568,433	558,247
Operating lease, right-of-use assets	22,279	16,101
Intangible assets	21,423	915,469
Goodwill	752,350	2,008,884
Long-term investments	10,132	7,859
Convertible notes receivable	0	32,000
Other assets	11,084	5,395
Total assets	2,074,327	4,221,665
Liabilities, Current [Abstract]
Bank indebtedness	7,181	18,033
Accounts payable and accrued liabilities	235,322	241,957
Contingent consideration	15,000	15,000
Warrant liability	1,092	3,253
Operating and Finance Lease Liability, Current	6,941	5,091
Current portion of long-term debt	14,767	15,506
Deduct - current portion	0	330
Total current liabilities	280,303	299,170
Liabilities, Noncurrent [Abstract]
Operating and Finance Lease Liability, Noncurrent	64,925	60,422
Long-term debt	148,493	158,352
Convertible debentures payable	86,428	129,583
Deferred tax liabilities, net	3,748	130,870
Other liabilities	855	90
Total liabilities	584,752	778,487
Commitments and contingencies (refer to Note 28)
Stockholders' equity
Common stock ($0.0001 par value; 1,416,000,000 common shares authorized; 1,060,678,745 and 831,925,373 common shares issued and outstanding, respectively)	106	83
Treasury Stock (2,004,218 and nil treasury shares issued and outstanding, respectively)	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	6,401,657	6,146,810
Accumulated other comprehensive loss	(43,063)	(43,499)
Accumulated Deficit	(4,847,226)	(2,660,488)
Total Tilray Brands, Inc. stockholders' equity	1,511,474	3,442,906
Non-controlling interests	(21,899)	272
Total stockholders' equity	1,489,575	3,443,178
Total liabilities and stockholders' equity	$ 2,074,327	$ 4,221,665

Tilray Brands, Inc. 10-K