GREYSTONE LOGISTICS, INC.
For the period ended May 31, 2025. Filed Aug 29, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 29, 2025
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Consolidated Statements of Changes in Equity
Greystone Logistics, Inc. and Subsidiaries
Consolidated Statements of Changes in Equity
For the Years Ended May 31, 2025 and 2024
| Preferred Stock · Common Stock · Treasury Stock · Additional · Accumulated · Stockholders' | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Paid-In Capital · Deficit · Equity | |||||||||||
| Balances, May 31, 2023 | 50,000 | $5 | 28,279,701 | $2,828 | - | $ | - | $53,533,272 | $(33,995,621) | $19,540,484 | |
| Preferred dividends, $11.75 per share | - | - | - | - | - | - | - | (587,226) | (587,226) | ||
| Net income | - | - | - | - | - | - | - | 5,027,491 | 5,027,491 | ||
| Balances, May 31, 2024 | 50,000 | $5 | 28,279,701 | $2,828 | - | $ | - | $53,533,272 | $(29,555,356) | $23,980,749 | |
| Preferred dividends, $9.27 per share | - | - | - | - | - | - | - | (428,713) | (428,713) | ||
| Retirement of preferred stock | (50,000) | (5) | - | - | - | - | (4,999,995) | - | (5,000,000) | ||
| Repurchase of common stock | - | - | - | - | 519,124 | (606,737) | - | - | (606,737) | ||
| Repurchase and retirement of common stock | - | - | (400,000) | (40) | - | - | (419,960) | - | (420,000) | ||
| Net income | - | - | - | - | - | - | - | 2,351,010 | 2,351,010 | ||
| Balances, May 31, 2025 | - | $ | - | 27,879,701 | $2,788 | 519,124 | $(606,737) | $48,113,317 | $(27,633,059) | $19,876,309 | |
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