Note 9 - Deferred Revenue |
3 Months Ended |
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Aug. 31, 2026 | |
| Notes to Financial Statements | |
| Deferred Revenue [Text Block] |
Note 9. DEFERRED REVENUE
Advances from customers pursuant to a contract for the sale of plastic pallets is recognized as deferred revenue. Revenue is recognized by Greystone as pallets are shipped to the customer. Revenue related to prior advances totaled $0 during the three months ended August 31, 2026 and 2025. The unrecognized balance of deferred revenue at both August 31, 2026 and May 31, 2026, was $22,964.
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