Concentrations, Risks and Uncertainties	9 Months Ended
Feb. 28, 2023
Risks and Uncertainties [Abstract]
Concentrations, Risks and Uncertainties	Note 11. Concentrations, Risks and Uncertainties Greystone derived approximately 71% and 74% of its total sales from three customers during the nine months ended February 28, 2023 and 2022, respectively. The loss of a material amount of business from one or more of these customers could have a material adverse effect on Greystone. Greystone purchases damaged pallets from its customers at a price based on the value of the raw material content in the pallet. A majority of these purchases, totaling $599,700 and $313,050 in fiscal years 2023 and 2022, respectively, were from one of its principal customers. Greystone is subject to litigation, claims and other commitments and contingencies arising in the ordinary course of business. Although the asserted value of these matters may be significant, the company currently does not expect that the ultimate resolution of any open matters will have a material adverse effect on its consolidated financial position or results of operations.

Concentrations, Risks and Uncertainties

9 Months Ended

Feb. 28, 2023

Note 11. Concentrations, Risks and Uncertainties

Greystone derived approximately 71% and 74% of its total sales from three customers during the nine months ended February 28, 2023 and 2022, respectively. The loss of a material amount of business from one or more of these customers could have a material adverse effect on Greystone.

Greystone purchases damaged pallets from its customers at a price based on the value of the raw material content in the pallet. A majority of these purchases, totaling $599,700 and $313,050 in fiscal years 2023 and 2022, respectively, were from one of its principal customers.

Greystone is subject to litigation, claims and other commitments and contingencies arising in the ordinary course of business. Although the asserted value of these matters may be significant, the company currently does not expect that the ultimate resolution of any open matters will have a material adverse effect on its consolidated financial position or results of operations.