v3.26.1
Note 26 - Non-operating (Expense) Income
 12 Months Ended
May 31, 2026
Notes to Financial Statements  
Other Nonoperating Income and Expense [Text Block]

26.

Non-operating (expense) income

 

Non-operating (expense) income is comprised of:

 

  

For the year ended May 31,

 
  

2026

  

2025

  

2024

 

Change in fair value of convertible debenture payable

 $—  $—  $(19,736)

Change in fair value of warrant liability

  (3,495)  2,161   (1,436)

Foreign exchange gain (loss)

  6,592   9,639   (4,086)

(Loss) gain on long-term investments

  (4,533)  (5,550)  (217)

Unrealized loss on digital assets

  (326)  —   — 

Other non-operating (losses) gains, net

  392   4,034   (12,367)

Total

 $(1,370) $10,284  $(37,842)

 

Included in other non-operating (losses) gains, net for the fiscal year ended  May 31, 2026, was a loss of $1,800 on the change in fair value of assets held for sale related to the Fort Collins, CO partially vacant warehouse, as described in Note 6 (capital assets), offset by a gain of $2,047 resulting from the exchange transaction of the TLRY 27 Note, as described in Note 16 (Convertible debentures payable).

 

Included in other non-operating (losses) gains, net for the fiscal year ended  May 31, 2025, were gains of $4,034 which were mainly comprised of a $5,792 gain resulting from the exchange transaction of the TLRY 27 Note, offset by a $975 loss resulting from the downside protection from the Double Diamond Holdings dividend settlement.