Note 10 - Revenue and Revenue Recognition

9 Months Ended

Feb. 28, 2026

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

Note 10. 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 $555,000 and $375,000 during the nine months ended February 28, 2026 and 2025, 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 nine months ended February 28, 2026 and 2025, respectively, were as follows:

	2026			2025
End-user customers		69	%		76	%
Distributors		31	%		24	%