$GLGI
GREYSTONE LOGISTICS, INC. Stock $glgi

$glgi Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-K Financial Statement

#000149315222023637 Filed on August 19, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022
Revenue	$18.95M	$21.10M	$74.17M
YoY Change	28.29%	21.81%	14.24%
Cost Of Revenue	$16.49M	$18.48M	$66.40M
YoY Change	23.87%	27.62%	24.18%
Gross Profit	$2.463M	$2.619M	$7.775M
YoY Change	68.47%	-7.82%	-32.14%
Gross Profit Margin	13.0%	12.41%	10.48%
Selling, General & Admin	$1.106M	$1.167M	$5.200M
YoY Change	-9.27%	-25.31%	-0.04%
% of Gross Profit	44.89%	44.56%	66.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.369M	$1.350M	$5.360M
YoY Change	-0.36%	-3.62%	-7.53%
% of Gross Profit	55.59%	51.56%	68.94%
Operating Expenses	$1.106M	$1.167M	$5.200M
YoY Change	-9.27%	-25.31%	-0.04%
Operating Profit	$1.358M	$1.452M	$2.574M
YoY Change	457.54%	13.56%	-58.84%
Interest Expense	-$219.5K	-$210.6K	-$841.7K
YoY Change	-1.75%	-17.26%	-28.54%
% of Operating Profit	-16.17%	-14.5%	-32.7%
Other Income/Expense, Net	$5.640K	$245.3K	$281.1K
YoY Change	-78.98%	2305.1%	858.23%
Pretax Income	$1.714M	$1.487M	$5.082M
YoY Change	-44.99%	43.74%	-0.47%
Income Tax	$340.0K	$436.4K	$535.4K
% Of Pretax Income	19.84%	29.35%	10.54%
Net Earnings	$1.374M	$979.3K	$4.547M
YoY Change	-55.0%	31.88%	25.41%
Net Earnings / Revenue	7.25%	4.64%	6.13%
Basic Earnings Per Share	$0.04		$0.14
Diluted Earnings Per Share	$0.04	$30.50K	$0.13
COMMON SHARES
Basic Shares Outstanding	28.28M shares		28.42M shares
Diluted Shares Outstanding	32.11M shares		32.25M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.935M	$3.143M	$3.143M
YoY Change	1.61%	-28.36%	-28.36%
Cash & Equivalents	$2.935M	$3.143M
Short-Term Investments
Other Short-Term Assets		$156.2K	$304.2K
YoY Change			481.5%
Inventory	$6.337M	$4.112M	$4.113M
Prepaid Expenses	$71.42K	$148.1K
Receivables	$4.730M	$6.001M	$6.253M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$14.29M	$13.81M	$13.81M
YoY Change	25.78%	9.44%	9.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$29.40M	$31.88M	$31.93M
YoY Change	-4.38%	2.83%	2.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$34.92M	$31.93M	$31.93M
YoY Change	13.58%	2.65%	2.65%
TOTAL ASSETS
Total Short-Term Assets	$14.29M	$13.81M	$13.81M
Total Long-Term Assets	$34.92M	$31.93M	$31.93M
Total Assets	$49.20M	$45.75M	$45.75M
YoY Change	16.87%	4.61%	4.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.243M	$7.821M	$7.821M
YoY Change	85.14%	108.3%	108.3%
Accrued Expenses	$244.6K	$33.88K	$33.88K
YoY Change	435.42%	-39.97%	-39.97%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.604M	$4.160M	$5.791M
YoY Change	-45.51%	28.56%	16.25%
Total Short-Term Liabilities	$13.01M	$19.06M	$19.06M
YoY Change	-11.31%	25.21%	25.21%
LONG-TERM LIABILITIES
Long-Term Debt	$13.95M	$9.306M	$9.838M
YoY Change	29.74%	-28.26%	-33.62%
Other Long-Term Liabilities	$5.276M	$21.65K	$21.65K
YoY Change	11569.43%	-58.82%	-58.82%
Total Long-Term Liabilities	$13.95M	$9.306M	$9.860M
YoY Change	29.2%	-28.26%	-33.7%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.01M	$19.06M	$19.06M
Total Long-Term Liabilities	$13.95M	$9.306M	$9.860M
Total Liabilities	$26.96M	$28.37M	$32.05M
YoY Change	-7.34%	0.61%	-4.94%
SHAREHOLDERS EQUITY
Retained Earnings	-$38.62M	-$39.84M
YoY Change		-9.0%
Common Stock	$2.828K	$2.828K
YoY Change		-0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$14.91M	$13.70M	$13.70M
YoY Change
Total Liabilities & Shareholders Equity	$49.20M	$45.75M	$45.75M
YoY Change	16.87%	4.61%	4.61%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022
OPERATING ACTIVITIES
Net Income	$1.374M	$979.3K	$4.547M
YoY Change	-55.0%	31.88%	25.41%
Depreciation, Depletion And Amortization	$1.369M	$1.350M	$5.360M
YoY Change	-0.36%	-3.62%	-7.53%
Cash From Operating Activities	-$3.304M	-$2.547M	$6.637M
YoY Change	-979.62%	-138.49%	-56.28%
INVESTING ACTIVITIES
Capital Expenditures	$1.152M	-$1.255M	$6.131M
YoY Change	-274.7%	92.08%	110.99%
Acquisitions
YoY Change
Other Investing Activities	-$2.810K	$0.00	$50.00K
YoY Change	-105.62%
Cash From Investing Activities	-$1.155M	-$1.255M	-$6.081M
YoY Change	89.5%	92.08%	109.27%
FINANCING ACTIVITIES
Cash Dividend Paid	$85.38K		$243.1K
YoY Change			-40.32%
Common Stock Issuance & Retirement, Net			-$281.5K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$4.250M	-1.037M	-$1.801M
YoY Change	-435.86%	-52.0%	-80.03%
NET CHANGE
Cash From Operating Activities	-$3.304M	-2.547M	$6.637M
Cash From Investing Activities	-$1.155M	-1.255M	-$6.081M
Cash From Financing Activities	$4.250M	-1.037M	-$1.801M
Net Change In Cash	-$208.4K	-4.839M	-$1.244M
YoY Change	-86.1%	-227.19%	-138.22%
FREE CASH FLOW
Cash From Operating Activities	-$3.304M	-$2.547M	$6.637M
Capital Expenditures	$1.152M	-$1.255M	$6.131M
Free Cash Flow	-$4.456M	-$1.292M	$506.8K
YoY Change	-530.56%	-117.77%	-95.87%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		usd
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised		usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2021	GLGI	Finance Lease Liabilities Right Of Use Asset FinanceLeaseLiabilitiesRightOfUseAsset		usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour		usd
CY2021Q2	GLGI	Income Tax Reporting In Excess Of Financial IncomeTaxReportingInExcessOfFinancial		usd
CY2021Q2	GLGI	Income Tax Reporting In Excess Of Financial IncomeTaxReportingInExcessOfFinancial		usd
CY2022	GLGI	Increase Decrease In Deferred Tax Asset Accrued Expenses IncreaseDecreaseInDeferredTaxAssetAccruedExpenses		usd
CY2021	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit		usd
CY2021	GLGI	Effective Income Tax Rate Reconciliation Permanent Differences EffectiveIncomeTaxRateReconciliationPermanentDifferences		pure
CY2021	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised		shares
CY2021	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2021	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1		usd
CY2022	GLGI	Equipment Reclassified From Inventory EquipmentReclassifiedFromInventory		usd
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001088413
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2021Q2	us-gaap	Other Assets Current OtherAssetsCurrent		usd
CY2021Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent		usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt		usd
CY2021	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1		usd
CY2021	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets		usd
CY2021	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt		usd
CY2022	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit		usd
CY2021	GLGI	Preferred Dividend Accrual PreferredDividendAccrual		usd
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-05-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--05-31
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	000-26331
CY2022	dei	Entity Registrant Name EntityRegistrantName	GREYSTONE LOGISTICS, INC.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OK
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	75-2954680
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	1613 East 15th Street
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Tulsa
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	OK
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	74120
CY2022	dei	City Area Code CityAreaCode	(918)
CY2022	dei	Local Phone Number LocalPhoneNumber	583-7441
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2021Q4	dei	Entity Public Float EntityPublicFloat	15079000	usd
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	28279701	shares
CY2022	dei	Auditor Firm AuditorFirmId	483
CY2022	dei	Auditor Name AuditorName	HoganTaylor LLP
CY2022	dei	Auditor Location AuditorLocation	Tulsa, Oklahoma
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3143257	usd
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4387533	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6001049	usd
CY2021Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4586134	usd
CY2022Q2	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	252112	usd
CY2021Q2	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	153550	usd
CY2022Q2	us-gaap	Other Assets Current OtherAssetsCurrent	156162	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	4112496	usd
CY2021Q2	us-gaap	Inventory Net InventoryNet	3441974	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	148078	usd
CY2021Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	52315	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	13813154	usd
CY2021Q2	us-gaap	Assets Current AssetsCurrent	12621506	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	31876765	usd
CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30998988	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	55535	usd
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	109013	usd
CY2022Q2	us-gaap	Assets Assets	45745454	usd
CY2021Q2	us-gaap	Assets Assets	43729507	usd
CY2022Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	4160403	usd
CY2021Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	3236113	usd
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1630895	usd
CY2021Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1745535	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33881	usd
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	56443	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	7820837	usd
CY2021Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	3754556	usd
CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	5329047	usd
CY2021Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	6430607	usd
CY2022Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	85377	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	19060440	usd
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	15223254	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	9306037	usd
CY2021Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	12971529	usd
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	532148	usd
CY2021Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1848472	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	21654	usd
CY2021Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	52570	usd
CY2022Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1743694	usd
CY2021Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2380642	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20750000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20750000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	50000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	50000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	50000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	50000	shares
CY2022Q2	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	5000000	usd
CY2021Q2	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	5000000	usd
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue	5	usd
CY2021Q2	us-gaap	Preferred Stock Value PreferredStockValue	5	usd
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	5000000000	shares
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	5000000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28279701	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28279701	shares
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28361201	shares
CY2021Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28361201	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	2828	usd
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	2836	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53533272	usd
CY2021Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53790764	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-39838449	usd
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-43776927	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	13697656	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	10016678	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	1383825	usd
CY2021Q2	us-gaap	Minority Interest MinorityInterest	1236362	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15081481	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11253040	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	45745454	usd
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	43729507	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	74170351	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	64925059	usd
CY2022	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	66395792	usd
CY2021	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	53468239	usd
CY2022	us-gaap	Gross Profit GrossProfit	7774559	usd
CY2021	us-gaap	Gross Profit GrossProfit	11456820	usd
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5200387	usd
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5202231	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	2574172	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	6254589	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	3068497	usd
CY2022	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	281049	usd
CY2021	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	29326	usd
CY2022	us-gaap	Interest Expense Other InterestExpenseOther	841701	usd
CY2021	us-gaap	Interest Expense Other InterestExpenseOther	1177799	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5082017	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5106116	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	535417	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1480590	usd
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CY2021	us-gaap	Net Income Loss NetIncomeLoss	3625526	usd
CY2022	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	279663	usd
CY2021	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	272142	usd
CY2022	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	328459	usd
CY2021	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	323219	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3938478	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3030165	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28423721	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28361201	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32252432	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32364942	shares
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8159533	usd
CY2021	GLGI	Cash Distribution To Noncontrolling Interest CashDistributionToNoncontrollingInterest	-208800	usd
CY2021	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	6.46
CY2021	us-gaap	Dividends Preferred Stock DividendsPreferredStock	323219	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	3625526	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11253040	usd
CY2022	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	24000	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	281500	usd
CY2022	GLGI	Cash Distribution To Noncontrolling Interest CashDistributionToNoncontrollingInterest	-132200	usd
CY2022	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	6.57
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	15182629	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6130521	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2905640	usd
CY2022	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	50000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6080521	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2905640	usd
CY2022	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	837000	usd
CY2022	us-gaap	Dividends Preferred Stock DividendsPreferredStock	328459	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	4546600	usd
CY2022	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	3700000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15081481	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	4546600	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	3625526	usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5365720	usd
CY2021	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5801517	usd
CY2022	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	636948	usd
CY2021	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1271590	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	3068497	usd
CY2022	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	22336	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1571077	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2084637	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	98562	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	59199	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	670522	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-761171	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	95763	usd
CY2021	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	44827	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3990306	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-895226	usd
CY2022	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-1101560	usd
CY2021	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	2637440	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6637361	usd
CY2021	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	2935000	usd
CY2022	us-gaap	Repayments Of Debt RepaymentsOfDebt	5263858	usd
CY2021	us-gaap	Repayments Of Debt RepaymentsOfDebt	4845494	usd
CY2022	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	436724	usd
CY2021	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	1019683	usd
CY2021	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	5475000	usd
CY2022	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4752	usd
CY2022	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	24000	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-281500	usd
CY2022	us-gaap	Payments Of Dividends PaymentsOfDividends	243082	usd
CY2021	us-gaap	Payments Of Dividends PaymentsOfDividends	407329	usd
CY2022	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	132200	usd
CY2021	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	208800	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1801116	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9021306	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1244276	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3255683	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4387533	usd
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1131850	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3143257	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4387533	usd
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28361201	shares
CY2022	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	3828711	shares
CY2021	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	4003741	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32252432	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32364942	shares
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84E_eus-gaap--UseOfEstimates_zmvqEUFxpBx8" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of Greystone’s consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires Greystone’s management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3938478	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3030165	usd
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28423721	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28361201	shares
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2022	GLGI	Net Income Loss Available To Common Stockholder Basic NetIncomeLossAvailableToCommonStockholderBasic	3938478	usd
CY2021	GLGI	Net Income Loss Available To Common Stockholder Basic NetIncomeLossAvailableToCommonStockholderBasic	3030165	usd
CY2022	GLGI	Preferred Stock Dividends Due To Assumed Conversion PreferredStockDividendsDueToAssumedConversion	328459	usd
CY2021	GLGI	Preferred Stock Dividends Due To Assumed Conversion PreferredStockDividendsDueToAssumedConversion	323219	usd
CY2022	GLGI	Net Income Allocated To Common Stockholders NetIncomeAllocatedToCommonStockholders	4266937	usd
CY2021	GLGI	Net Income Allocated To Common Stockholders NetIncomeAllocatedToCommonStockholders	3353384	usd
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28423721	shares
CY2022Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	2091550	usd
CY2021Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	2520654	usd
CY2022Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2020946	usd
CY2021Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	921320	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	4112496	usd
CY2021Q2	us-gaap	Inventory Net InventoryNet	3441974	usd
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	66391904	usd
CY2021Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	61301417	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	34515139	usd
CY2021Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	30302429	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	31876765	usd
CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30998988	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5359993	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5796357	usd
CY2022Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	29751	usd
CY2021Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	30726	usd
CY2022Q2	GLGI	Total Debt Issuance Costs Net Of Amortization TotalDebtIssuanceCostsNetOfAmortization	13466440	usd
CY2021Q2	GLGI	Total Debt Issuance Costs Net Of Amortization TotalDebtIssuanceCostsNetOfAmortization	16207642	usd
CY2022Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	4160403	usd
CY2021Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	3236113	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	9306037	usd
CY2021Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	12971529	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	5727	usd
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	5160	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	4160403	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	8256351	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	412684	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	49091	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	50861	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	566801	usd
CY2022	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	127898	usd
CY2022	GLGI	Schedule Of Financing Lease Table Textblock ScheduleOfFinancingLeaseTableTextblock	<p id="xdx_899_ecustom--ScheduleOfFinancingLeaseTableTextblock_zo3JBvKFkKK3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financing leases consist of the following as of May 31:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zTsU3ivHAeV9" style="display: none">SCHEDULE OF FINANCING LEASE</span></span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.75in"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20220531_zM5jrDukEbf9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20210531_zHykfykLkFI" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--FinanceLeaseLiability_iI_zoUj5Y1pZHs2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 66%; text-align: left">Non-cancelable financing leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">2,163,043</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">3,594,007</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--FinanceLeaseLiabilityCurrent_iNI_di_zTLQTaZEKFO1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Current portion of financing leases</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,630,895</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,745,535</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--FinanceLeaseLiabilityNoncurrent_iI_z8t7LMlyE6V1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Non-cancelable financing leases, net of current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">532,148</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,848,472</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	2163043	usd
CY2021Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	3594007	usd
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1630895	usd
CY2021Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1745535	usd
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	532148	usd
CY2021Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1848472	usd
CY2022Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	8497798	usd
CY2021Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	8473357	usd
CY2022Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	3481223	usd
CY2021Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	2534688	usd
CY2022Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	5016575	usd
CY2021Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	5938669	usd
CY2022	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	946535	usd
CY2021	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1012870	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	55535	usd
CY2021Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	109013	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33881	usd
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	56443	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	21654	usd
CY2021Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	52570	usd
CY2022	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	946535	usd
CY2021	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1012870	usd
CY2021	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	267729	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	61881	usd
CY2021	us-gaap	Operating Lease Expense OperatingLeaseExpense	77284	usd
CY2022	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1493169	usd
CY2021	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1481270	usd
CY2022	us-gaap	Lease Cost LeaseCost	2629483	usd
CY2021	us-gaap	Lease Cost LeaseCost	2839153	usd
CY2022	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	127898	usd
CY2021	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	267729	usd
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1455404	usd
CY2021	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1861650	usd
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	61881	usd
CY2021	us-gaap	Operating Lease Payments OperatingLeasePayments	77284	usd
CY2022	GLGI	Finance Lease Liabilities Right Of Use Asset FinanceLeaseLiabilitiesRightOfUseAsset	24441	usd
CY2022Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P1Y3M18D
CY2021Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P2Y
CY2022Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y7M6D
CY2021Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y1M6D
CY2022Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.073	pure
CY2021Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.074	pure
CY2022Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.054	pure
CY2021Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.053	pure
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	33881	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	1730278	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	20535	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	522249	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4082	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	17708	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	4511	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	58498	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	2274746	usd
CY2022Q2	GLGI	Lessee Operating Lease Liability Imputed Interest LesseeOperatingLeaseLiabilityImputedInterest	2963	usd
CY2022Q2	GLGI	Finance Lease Liability Imputed Interest FinanceLeaseLiabilityImputedInterest	111702	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	55535	usd
CY2022Q2	GLGI	Operating Lease Liability Net OperatingLeaseLiabilityNet	2163044	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.09	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.09	pure
CY2022Q2	GLGI	Unrecognized Deferred Revenue UnrecognizedDeferredRevenue	5329047	usd
CY2021Q2	GLGI	Unrecognized Deferred Revenue UnrecognizedDeferredRevenue	6430607	usd
CY2022	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	14662060	usd
CY2021	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	5697315	usd
CY2022	GLGI	Rental Rate RentalRate	5200	usd
CY2022	GLGI	Rent Expenses RentExpenses	54000	usd
CY2021	GLGI	Rent Expenses RentExpenses	48000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1876710	usd
CY2021Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2487650	usd
CY2022Q2	GLGI	Income Tax Reporting In Excess Of Financial IncomeTaxReportingInExcessOfFinancial	1497136	usd
CY2022Q2	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	30480	usd
CY2021Q2	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	7620	usd
CY2022Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3404326	usd
CY2021Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	2495270	usd
CY2022Q2	GLGI	Deferred Tax Asset Depreciation And Amortization Tax Reporting In Excess Of Financial DeferredTaxAssetDepreciationAndAmortizationTaxReportingInExcessOfFinancial	-3546886	usd
CY2021Q2	GLGI	Deferred Tax Asset Depreciation And Amortization Tax Reporting In Excess Of Financial DeferredTaxAssetDepreciationAndAmortizationTaxReportingInExcessOfFinancial	-3274778	usd
CY2022Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1601134	usd
CY2021Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1601134	usd
CY2022Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1743694	usd
CY2021Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	2380642	usd
CY2022Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1601134	usd
CY2021Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1601134	usd
CY2022Q2	GLGI	Utilization Of Net Operating Loss Accumulated UtilizationOfNetOperatingLossAccumulated	1312266	usd
CY2022	GLGI	Effective Income Tax Rate Reconciliation Permanent Differences EffectiveIncomeTaxRateReconciliationPermanentDifferences	-0.17	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.02	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.01	pure
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.11	pure
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.29	pure
CY2022	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	322983	usd
CY2021	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	330682	usd
CY2022Q2	GLGI	Income Tax Reporting In Excess Of Financial IncomeTaxReportingInExcessOfFinancial	1497136	usd
CY2022	GLGI	Increase Decrease In Net Operating Loss Carryforward IncreaseDecreaseInNetOperatingLossCarryforward	-610940	usd
CY2021	GLGI	Increase Decrease In Net Operating Loss Carryforward IncreaseDecreaseInNetOperatingLossCarryforward	-868195	usd
CY2022	GLGI	Increase Decrease In Depreciation And Amortization Financial Reporting In Excess Of Tax IncreaseDecreaseInDepreciationAndAmortizationFinancialReportingInExcessOfTax	-272108	usd
CY2021	GLGI	Increase Decrease In Depreciation And Amortization Financial Reporting In Excess Of Tax IncreaseDecreaseInDepreciationAndAmortizationFinancialReportingInExcessOfTax	-284131	usd
CY2021	GLGI	Increase Decrease In Deferred Tax Asset Accrued Expenses IncreaseDecreaseInDeferredTaxAssetAccruedExpenses	-35445	usd
CY2022	GLGI	Increase Decrease In Inventory IncreaseDecreaseInInventory	22860	usd
CY2021	GLGI	Increase Decrease In Inventory IncreaseDecreaseInInventory	-83820	usd
CY2022	GLGI	Increase Decrease In Deferred Tax Liabilities IncreaseDecreaseInDeferredTaxLiabilities	636948	usd
CY2021	GLGI	Increase Decrease In Deferred Tax Liabilities IncreaseDecreaseInDeferredTaxLiabilities	-1271590	usd
CY2022	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	503612	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	668753	usd
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	208999	usd
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-636948	usd
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	1271591	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	535417	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1480590	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2022	GLGI	Employers Contribution Percentage Description EmployersContributionPercentageDescription	The defined contribution plan is a IRC Section 401(K) plan. Greystone matches employee contributions up to 6% of employee contributions with a maximum employer contribution of 4% based on 100% of the first 3% and 50% of the next 2%. The employee is 100% vested for employer contributions to the 401(K) plan.
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod	P10Y
CY2022Q2	GLGI	Stock Option Annual Installment Percentage StockOptionAnnualInstallmentPercentage	0.25	pure
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	200000	shares
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.12
CY2021Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	200000	shares
CY2021Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.12
CY2022	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	200000	shares
CY2022	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.12
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	-0	shares
CY2021	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.06	pure
CY2022	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	24441	usd
CY2022	GLGI	Acquisition Of Equipment In Accounts Payable AcquisitionOfEquipmentInAccountsPayable	126128	usd
CY2021	GLGI	Acquisition Of Equipment In Accounts Payable AcquisitionOfEquipmentInAccountsPayable	15656	usd
CY2021	GLGI	Equipment Reclassified From Inventory EquipmentReclassifiedFromInventory	26750	usd
CY2022	GLGI	Preferred Dividend Accrual PreferredDividendAccrual	85377	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	836683	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	1176412	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	1427354	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	178280	usd
CY2022	GLGI	Purchases From Customers PurchasesFromCustomers	603000	usd
CY2021	GLGI	Purchases From Customers PurchasesFromCustomers	753000	usd
CY2022Q2	us-gaap	Purchase Obligation PurchaseObligation	4754382	usd

Files In Submission

Name	View Source	Status
0001493152-22-023637-index-headers.html	Edgar Link	pending
0001493152-22-023637-index.html	Edgar Link	pending
0001493152-22-023637.txt	Edgar Link	pending
0001493152-22-023637-xbrl.zip	Edgar Link	pending
ex21-1.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-k.htm	Edgar Link	pending
glgi-20220531.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R22.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
glgi-20220531_pre.xml	Edgar Link	unprocessable
glgi-20220531_lab.xml	Edgar Link	unprocessable
glgi-20220531_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
form10-k_htm.xml	Edgar Link	completed
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
glgi-20220531_def.xml	Edgar Link	unprocessable

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$GLGI
GREYSTONE LOGISTICS, INC. Stock $glgi

2022 Q3 Form 10-K Financial Statement

#000149315222023637 Filed on August 19, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GLGI GREYSTONE LOGISTICS, INC. Stock $glgi

2022 Q3 Form 10-K Financial Statement

#000149315222023637 Filed on August 19, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GLGI
GREYSTONE LOGISTICS, INC. Stock $glgi