GREYSTONE LOGISTICS, INC. (GLGI)
GREYSTONE LOGISTICS, INC. (GLGI)
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Net income | -2,802,078 | -2,064,095 | -1,099,022 | 2,351,010 |
| (gain) loss on disposition of assets | NaN | NaN | NaN | 43,027 |
| Gain on involuntary conversions (note 4) | 0 | 0 | 0 | 741,821 |
| Depreciation and amortization | 1,539,433 | 1,397,903 | 1,530,669 | 5,772,850 |
| Change in deferred taxes | -100,940 | 138,440 | -350,672 | 947,391 |
| Trade accounts receivable | 635,321 | -1,071,083 | -1,798,260 | -540,387 |
| Related parties receivable | 163,424 | -231,630 | -96,700 | 625,313 |
| Other accounts receivable | 0 | NaN | NaN | -2,107,108 |
| Inventory | -245,580 | -661,639 | -8,881 | -387,588 |
| Operating lease expense | 6,790 | 6,790 | 6,789 | 26,464 |
| Prepaid expenses | -112,930 | 744,032 | -190,984 | -28,511 |
| Accounts payable and accrued expenses | 650,778 | -1,458,711 | -274,324 | 354,282 |
| Deferred revenue | 0 | 0 | 0 | -817,981 |
| Net cash provided by operating activities | -1,146,251 | -759,354 | 1,908,265 | 10,287,449 |
| Purchase of property, plant and equipment | 355,796 | 998,654 | 441,739 | 5,753,429 |
| Proceeds from sale of property, plant and equipment | NaN | NaN | NaN | 50,000 |
| Net cash used in investing activities | -355,796 | -998,654 | -441,739 | -5,703,429 |
| Advances under revolver loan | 1,000,000 | 900,000 | NaN | NaN |
| Principal payments on long-term debt and financing leases | 201,278 | 561,336 | 547,535 | 2,383,786 |
| Principal payments on revolving loan | NaN | NaN | NaN | 0 |
| Payments for retirement of preferred stock | 0 | NaN | NaN | 5,000,000 |
| Repurchase of common stock | 0 | 0 | 123,147 | 606,737 |
| Repurchase and retirement of common stock | NaN | NaN | NaN | 420,000 |
| Payments for debt issue costs | NaN | NaN | NaN | 0 |
| Dividends paid on preferred stock | 0 | 0 | 1,610 | 427,103 |
| Net cash provided by (used in) financing activities | 798,722 | 338,664 | -672,292 | -8,837,626 |
| Net decrease in cash | -703,325 | -1,419,344 | 794,234 | -4,253,606 |
| Cash, beginning of period | 919,925 | 2,339,269 | 1,545,035 | NaN |
| Cash, end of period | 216,600 | 919,925 | 2,339,269 | NaN |