10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-19-019475 |
| Period End Date | 20190331 |
| Filing Date | 20190515 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | tlry-20190331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts Receivable |
AllowanceForDoubtfulAccountsReceivable
|
$292.00K | USD | Point-in-time |
| Allowance for Doubtful Accounts Receivable |
AllowanceForDoubtfulAccountsReceivable
|
$972.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$487.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$294.20M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$30.34M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$31.23M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $972 and $292, respectively |
AccountsReceivableNetCurrent
|
$16.52M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $972 and $292, respectively |
AccountsReceivableNetCurrent
|
$19.71M | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$378.00K | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$969.00K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$16.21M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$48.71M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.36M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.01M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$399.59M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$554.30M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$128.96M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$80.21M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$4.49M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$364.06M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$156.36M | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$16.91M | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$19.65M | USD | Point-in-time |
| Deposits and other assets |
DepositsAssetsNoncurrent
|
$754.00K | USD | Point-in-time |
| Deposits and other assets |
DepositsAssetsNoncurrent
|
$7.97M | USD | Point-in-time |
| Total assets |
Assets
|
$656.67M | USD | Point-in-time |
| Total assets |
Assets
|
$1.08B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.65M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$17.18M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesAndOtherCurrentLiabilities
|
$152.82M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesAndOtherCurrentLiabilities
|
$14.82M | USD | Point-in-time |
| Accrued obligations under capital lease |
CapitalLeaseObligationsCurrent
|
$366.00K | USD | Point-in-time |
| Accrued obligations under capital lease |
CapitalLeaseObligationsCurrent
|
$470.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$25.94M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$170.36M | USD | Point-in-time |
| Accrued obligations under capital lease |
CapitalLeaseObligationsNoncurrent
|
$8.29M | USD | Point-in-time |
| Accrued obligations under capital lease |
CapitalLeaseObligationsNoncurrent
|
$8.66M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilitiesNoncurrent
|
$92.22M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilitiesNoncurrent
|
$4.42M | USD | Point-in-time |
| Convertible Notes, net of issuance cost |
ConvertibleSubordinatedDebtNoncurrent
|
$422.87M | USD | Point-in-time |
| Convertible Notes, net of issuance cost |
ConvertibleSubordinatedDebtNoncurrent
|
$420.37M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$563.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$459.01M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$694.68M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$302.06M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$515.69M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$4.70M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.76M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-138.48M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-108.18M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$381.92M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$197.65M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$-4.85M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$42.65M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$656.67M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.08B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$23.04M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$7.81M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$17.65M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$3.91M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$3.90M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$5.38M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$12.80M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$4.14M | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$2.26M | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$7.82M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationAndAmortization
|
$222.00K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationAndAmortization
|
$1.86M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.31M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$31.00K | USD | 1 Quarter |
| Research and development expenses |
ResearchAndDevelopmentExpense
|
$1.05M | USD | 1 Quarter |
| Research and development expenses |
ResearchAndDevelopmentExpense
|
$975.00K | USD | 1 Quarter |
| Acquisition and integration expenses |
BusinessCombinationIntegrationRelatedCosts
|
$4.42M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-27.87M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-3.74M | USD | 1 Quarter |
| Foreign exchange loss, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-179.00K | USD | 1 Quarter |
| Foreign exchange loss, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-1.15M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-416.00K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-8.74M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$2.35M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$121.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-34.32M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-5.18M | USD | 1 Quarter |
| Deferred income tax recovery |
DeferredIncomeTaxExpenseBenefit
|
$-3.78M | USD | 1 Quarter |
| Current income tax recovery |
CurrentIncomeTaxExpenseBenefit
|
$-240.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-30.30M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.18M | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.32 | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.07 | USD | 1 Quarter |
| Weighted average shares used in computation of net loss per share - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
94.88M | shares | 1 Quarter |
| Weighted average shares used in computation of net loss per share - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
75.00M | shares | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-30.30M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.18M | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-475.00K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.00K | USD | 1 Quarter |
| Unrealized gain on cash equivalents and investments |
UnrealizedGainLossOnInvestments
|
$1.41M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$933.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-29.37M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-5.18M | USD | 1 Quarter |
Cash Flow Statement
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-30.30M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.18M | USD | 1 Quarter |
| Foreign currency (gain) loss |
ForeignCurrencyTransactionGainLossUnrealized
|
$214.00K | USD | 1 Quarter |
| Foreign currency (gain) loss |
ForeignCurrencyTransactionGainLossUnrealized
|
$-1.10M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$536.00K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$479.00K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$2.77M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.31M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$31.00K | USD | 1 Quarter |
| Non-cash interest (income) expense |
InterestIncomeExpenseNet
|
$-276.00K | USD | 1 Quarter |
| Non-cash interest (income) expense |
InterestIncomeExpenseNet
|
$322.00K | USD | 1 Quarter |
| Loss on disposal of property and equipment, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$-111.00K | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.78M | USD | 1 Quarter |
| Amortization of discount on Convertible Notes |
AmortizationOfDebtDiscountPremium
|
$2.50M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$118.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.03M | USD | 1 Quarter |
| Other receivables |
IncreaseDecreaseInOtherReceivables
|
$360.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$1.26M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$12.98M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.14M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$387.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$3.55M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-235.00K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-780.00K | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$11.66M | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$148.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-24.84M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.73M | USD | 1 Quarter |
| Increase in deposits and other assets |
IncreaseDecreaseInDepositsAndOtherAssets
|
$195.00K | USD | 1 Quarter |
| Purchases of short-term and non-current investments |
PaymentsToAcquireInvestments
|
$2.91M | USD | 1 Quarter |
| Purchases of short-term and non-current investments |
PaymentsToAcquireInvestments
|
$29.62M | USD | 1 Quarter |
| Proceeds from maturities of short-term investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$118.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$9.02M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$12.86M | USD | 1 Quarter |
| Purchases of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$92.00K | USD | 1 Quarter |
| Purchases of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$227.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-42.78M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-169.50M | USD | 1 Quarter |
| Repayment under Privateer Holdings debt facilities |
RepaymentsOfRelatedPartyDebt
|
$95.00K | USD | 1 Quarter |
| Advances under Privateer Holdings construction facilities |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$1.54M | USD | 1 Quarter |
| Minimum lease payments under capital lease |
RepaymentsOfLongTermCapitalLeaseObligations
|
$171.00K | USD | 1 Quarter |
| Minimum lease payments under capital lease |
RepaymentsOfLongTermCapitalLeaseObligations
|
$187.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$931.00K | USD | 1 Quarter |
| Proceeds from issuance of convertible preferred stock, net |
ProceedsFromConvertibleDebt
|
$52.64M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$744.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$53.91M | USD | 1 Quarter |
| Effect of foreign currency translation on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$543.00K | USD | 1 Quarter |
| Effect of foreign currency translation on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$416.00K | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-193.05M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$9.82M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.14M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.32M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$294.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$487.25M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.14M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.32M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$294.20M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$487.25M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$242.00K | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$73.00K | USD | 1 Quarter |
| Shares issued for employee compensation |
SharesIssuedToEmployeesAsCompensationAmount
|
$649.00K | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$381.92M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$197.65M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$-4.85M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$42.65M | USD | Point-in-time |
| Convertible preferred stock issued, net of issuance costs |
StockIssuedDuringPeriodValueConvertiblePreferredStock
|
$52.64M | USD | 1 Quarter |
| Common stock issued |
StockIssuedDuringPeriodValueNewIssues
|
$8.00K | USD | 1 Quarter |
| Shares issued under stock option plans |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$931.00K | USD | 1 Quarter |
| Shares issued for employee compensation |
SharesIssuedToEmployeesAsCompensationAmount
|
$649.00K | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$31.00K | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.31M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$933.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-30.30M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.18M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$381.92M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$197.65M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$-4.85M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$42.65M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.