Note 9 - Revenue and Revenue Recognition

3 Months Ended

Aug. 31, 2025

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

Note 9. Revenue and Revenue Recognition

Greystone’s principal product is plastic pallets produced from recycled plastic resin. Sales are primarily to customers in the continental United States of America. International sales are made to customers in Canada, Mexico, and other Central America countries which totaled approximately $266,000 and $170,000 during the three months ended August 31, 2025 and 2024, respectively.

Greystone’s customers include stocking and non-stocking distributors and direct sales to end-user customers. Sales to the following categories of customers for the three months ended August 31, 2025 and 2024, respectively, were as follows:

	2025			2024
End-user customers		75	%		76	%
Distributors		25	%		24	%