Tilray, inc. (TLRY)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18
Operating activities
Net loss

-474,991

-321,169

-132,041

-115,063

-92,843

-67,723

0

0

0

Adjusted for the following items:
Inventory valuation adjustments

0

-

-

-

-

-

-

-

-

Depreciation and amortization expenses

17,640

15,849

11,451

8,169

5,853

3,562

0

0

0

Impairment of assets

0

-

-

-

-

-

-

-

-

Stock-based compensation expenses

34,213

31,842

25,317

28,247

26,263

20,988

0

0

0

Change in fair value of warrant liability

0

-

-

-

-

-

-

-

-

Loss from equity method investments

0

-

-

-

-

-

-

-

-

Loss (gain) from equity investments measured at fair value

0

-

-

-

-

-

-

-

-

Loss from sale of investment

0

-

-

-

-

-

-

-

-

Interest on debt securities

0

-

-

-

-

-

-

-

-

Deferred taxes

-6,342

-8,847

0

0

0

-

-

-

-

Amortization of discount on convertible notes

9,939

9,843

0

0

0

-

-

-

-

Amortization of transaction costs on Senior Facility

0

-

-

-

-

-

-

-

-

Foreign currency (gain) loss

0

-

-

-8,839

-5,164

-6,477

0

0

0

Accretion related to obligations under finance leases

0

-

-

-

-

-

-

-

-

Issuance costs on registered offering recorded to net loss

0

-

-

-

-

-

-

-

-

Credit loss expenses

0

-

-

0

0

-

-

-

-

Provision for sales returns

0

-

-

-

-

-

-

-

-

Non-cash interest expense

-

-

-

0

0

-

-

-

0

Loss on disposal of property and equipment

0

-

-

0

0

-

-

-

-

Other non-cash items

0

-

-

-

-

-

-

-

-

Changes in non-cash working capital:
Accounts receivable

19,756

14,820

24,806

17,665

13,364

16,512

0

0

0

Other receivables

-

-

-

-

-

-

0

0

0

Inventory

101,254

102,643

75,230

48,003

20,950

9,226

0

0

0

Prepayments and other current assets

37,320

46,212

52,509

33,518

4,344

2,588

0

0

0

Accounts payable

5,020

20,003

40,592

-2,109

1,436

5,218

0

0

0

Due to related parties

-

-

-

0

0

-

-

-

-

Accrued expenses and other current liabilities

13,383

28,215

20,429

17,282

20,930

9,418

0

0

0

Net cash used in operating activities

-287,255

-258,065

-187,063

-153,570

-69,364

-46,248

0

0

0

Investing activities
Change in deposits and other assets

0

-

-

-

-

-

-

0

0

Purchases of short-term and other investments

-

1,350,666

283,798

298,359

292,663

319,373

0

0

0

Proceeds from the sale of other investments

0

-

-

-

-

-

-

-

-

Proceeds from sales and maturities of short-term investments

-

-

-

-

-

274,497

0

0

0

Purchases of property and equipment

83,014

73,741

62,543

48,224

46,359

50,198

0

0

0

Proceeds from disposal of property and equipment

0

-

-

-

-

-

-

-

-

Purchases of intangible assets

-

4,875

4,366

3,923

4,124

4,259

0

0

0

Net cash used in investing activities

-101,804

-253,181

-309,920

-268,244

-225,332

-98,620

0

0

0

Financing activities
Proceeds from at-the-market equity offering, net of costs

0

-

-

-

-

-

-

-

-

Proceeds from ABG Profit Participation Arrangement

0

-

-

-

-

-

-

-

-

Proceeds from issuance of registered offering, net of issuance costs

0

-

-

-

-

-

-

-

-

Payment of ABG finance liability

0

-

-

-

-

-

-

-

-

Payment under Privateer Holdings debt facilities

-

-

-

-

-

-

-

-

0

Advances under Privateer Holdings debt and construction facilities

-

-

-

-

-

-

-

-

0

Proceeds from exercise of stock options

6,340

5,458

0

0

0

-

-

-

-

Payment of obligations under finance lease

422

504

0

0

0

-

-

-

0

Payment on the settlement of stock options

0

-

-

-

-

-

-

-

-

Proceeds from issuance of Senior Facility, net of transaction costs

0

-

-

-

-

-

-

-

-

Repayment of Senior Facility

0

-

-

-

-

-

-

-

-

Proceeds from issuance of convertible notes, net of issuance costs

-

-

-

-

-

-

-

-

0

Net cash provided by financing activities

273,742

114,700

496,429

580,674

577,832

630,998

0

0

0

Effect of foreign currency translation on cash and cash equivalents

-4,898

6,082

0

0

0

-

-

-

0

Increase (decrease) in cash and cash equivalents

-120,215

-390,464

0

0

0

-

-

-

0

Supplemental Disclosure for Cash Flow Information
Cash paid for interest

-

-

0

0

1,020

-

0

0

0

Non-cash investing activities
Shares issued for employee compensation

-

-

-

-

0

-

-

-

-

Manitoba Harvest [Member]
Net loss

-

-

0

0

0

-

-

-

-

Acquisition of Manitoba Harvest, net of cash acquired

-

-

0

0

0

-

-

-

-

Acquisition of Manitoba Harvest

-

-

0

0

0

-

-

-

-

Natura [Member]
Acquisition of Manitoba Harvest, net of cash acquired

-

-

0

0

0

-

-

-

-

Acquisition of Manitoba Harvest

-

-

0

0

0

-

-

-

-

Investment In ABG [Member]
Investment in ABG Profit Participation Arrangement

-

33,333

0

0

0

-

-

-

-

Investment in ABG Profit Participation Arrangement, net of receivable

-

-

0

0

0

-

-

-

-