Green Star Products, Inc. (GSPI)
Green Star Products, Inc. produces algae based renewable burning fuels in the United States. It produces biofuels that can be used to create energy for home and company, including wood, biodiesel, other sources, cellulosic ethanol, and cyanobacteria. The company was formerly known as B.A.T. International, Inc. and changed its name to Green Star Products, Inc. in July 2002. The company was incorporated in 1984 and is based in Fort Worth, Texas.
Sector: Sporting & Athletic Goods, NEC
Industry: Household & Personal Products
Green Star Products, Inc.
OTC:GSPIConsumer Defensive · Household & Personal Products
$0.0007
Mkt Cap$494K
Float-
O/S705.38M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$232K
Net Income-$35K
Total Assets$246K
Free Cash Flow-$120
Debt & Equity
Total Debt$36K
Total Equity-$226K
Preferred Stock$30K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GSPI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$246K
Liabilities$472K
Accounts Receivable$0
Accounts Payable$125K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2012-12-31 |
| Revenue | $232K | $192K | $0 | $0 | $7K | $0 | $10K | $24K | $39K | $109K | $132K | $154K | $12K |
| YoY Growth | 21.1% | - | - | - | - | - | -59.0% | -38.2% | -64.4% | -18.1% | -13.9% | 1176.7% | - |
| Cost of Revenue | $8K | $7K | $0 | $0 | $32K | $0 | $5K | $9K | $9K | $16K | $24K | $55K | $0 |
| Gross Profit | $225K | $185K | $0 | $0 | -$25K | $0 | $5K | $15K | $30K | $92K | $108K | $99K | $12K |
| Gross Margin | 96.7% | 96.5% | - | - | -354.6% | - | 51.0% | 61.0% | 77.4% | 85.1% | 81.8% | 64.3% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $518K | $621 | $8 | $57K | $6K | $2K | $9K | $327K | $57K | $88K | $180K | $314K |
| Other | $260K | -$259K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $260K | $259K | $621 | $8 | $57K | $6K | $2K | $9K | $327K | $57K | $88K | $180K | $314K |
| Operating Income (EBIT) | -$35K | -$74K | -$629K | -$8 | -$82K | -$6K | $3K | $6K | -$297K | $36K | $21K | -$81K | -$302K |
| Operating Margin | -15.3% | -38.7% | - | - | -1182.0% | - | 33.0% | 23.5% | -768.9% | 33.0% | 15.7% | -52.7% | -2506.8% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $5K | $5K | $6K | $7K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $2K | $0 | $138K | $0 | $0 | $2 | $78K | -$5K | -$5K | -$1.11M | -$7K |
| Income Before Tax (EBT) | -$35K | -$74K | $968 | -$8 | $56K | -$6K | $3K | $6K | -$219K | $31K | $16K | -$1.19M | -$309K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$35K | -$74K | $968 | -$8 | $56K | -$6K | $3K | $6K | -$219K | $31K | $16K | -$1.19M | -$309K |
| Net Income Margin | -15.3% | -38.7% | - | - | 801.6% | - | 33.0% | 23.5% | -566.5% | 28.5% | 12.0% | -771.7% | -2565.0% |
| Supplementary Data | |||||||||||||
| EPS | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 |
| Diluted EPS | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 |
| Weighted Average OS | 705.38M | 705.38M | 690.40M | 680.40M | 670.40M | 670.40M | 670.40M | 670.40M | 670.35M | 670.40M | 670.40M | 670.40M | 668.90M |
| EBITDA | -$35K | -$74K | $960K | -$8K | $292K | -$6K | $175K | $6K | -$216K | $36K | $21K | -$1.18M | -$302K |
| EBITDA Margin | -15.3% | -38.7% | - | - | 4210.2% | - | 1786.6% | 23.5% | -560.1% | 33.0% | 15.7% | -767.8% | -2506.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $3K | $3K | $0 | $0 | $4K | $1K | $5 | $6 | $5 | $3K | $4K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3K | $3K | $0 | $0 | $4K | $1K | $5 | $6 | $5 | $3K | $4K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $3K | $3K | $0 | $0 | $4K | $1K | $5 | $6 | $5 | $3K | $4K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $5K | $5K | $625K | $608K | $602K | $601K | $596K | $873K | $833K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $243K | $243K | $0 | -$4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $243K | $243K | $5K | $626 | $625K | $608K | $602K | $601K | $596K | $873K | $833K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $246K | $246K | $5K | $626 | $629K | $609K | $602K | $601K | $596K | $876K | $837K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $125K | $138K | $138K | $138K | $137K | $137K | $137K | $137K | $887K | $137K | $137K |
| Short-Term Debt | $36K | $36K | $36K | $36 | $36K | $9K | $0 | $0 | $0 | $78K | $78K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $86K | $86K | $86K | $86K | $86K | $86K | $86K |
| Current Unearned Revenue | $0 | $0 | $86K | $0 | $86K | $86K | $0 | $0 | $0 | $86K | $86K |
| Other Current Liabilities | $310K | $310K | $310K | -$222 | $1.04M | $1.12M | $1.95M | $2.04M | $1.29M | $1.94M | $1.93M |
| Total Current Liabilities | $472K | $571K | $571 | $2K | $2.15M | $2.19M | $2.18M | $2.18M | $2.18M | $2.24M | $2.23M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $472K | $571K | $571K | $2K | $2.15M | $2.19M | $2.18M | $2.18M | $2.18M | $2.24M | $2.23M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $30K | $30K | $30K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $705K | $705K | $690K | $690K | $670K | $670K | $670K | $670K | $670K | $670K | $670K |
| Retained Earnings | -$16.97M | -$16.43M | -$16.35M | -$17K | -$17.31M | -$17.37M | -$17.36M | -$17.36M | -$17.37M | -$17.15M | -$17.18M |
| Comprehensive Income & Other | $0 | $0 | $15.12M | $670 | $15.79M | $15.79M | $15.79M | $15.79M | $15.79M | $15.79M | $15.79M |
| Other Stockholders' Equity | $16.04M | $15.36M | $15.1M | -$675K | $15.12M | $15.12M | $15.12M | $15.12M | $15.12M | $15.12M | $15.12M |
| Total Equity | -$226K | -$362K | -$566K | -$2K | -$1.53M | -$1.58M | -$1.57M | -$1.58M | -$1.58M | -$1.36M | -$1.4M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $246K | $209K | $5K | $626 | $629K | $609K | $602K | $601K | $596K | $876K | $837K |
| Supplementary Data | |||||||||||
| Total Debt | $36K | $36K | $36K | $36 | $36K | $9K | $0 | $0 | $0 | $78K | $78K |
| Net Debt | $33K | $33K | $36K | $36 | $32K | $8K | -$5 | -$6 | -$5 | $75K | $74K |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||
| Net Income | $968 | -$8 | $56K | -$6K | $3K | $6K | -$219K | $31K | $16K |
| Depreciation & Amortization | $621 | $8 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$40K | -$48K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $500 | $0 | $0 | $0 | $2K | $0 | $0 |
| Other Working Capital | $0 | $0 | $22K | $0 | $0 | $0 | $0 | $5K | $5K |
| Total Working Capital Change | $0 | $0 | $22K | $0 | $0 | $0 | $2K | -$35K | -$44K |
| Other Non-Cash Items | -$2K | -$9K | $0 | $0 | $0 | $0 | $201K | $40K | $48K |
| Net Cash from Operating | -$116 | -$9K | $78K | -$6K | $3K | $6K | -$13K | -$4K | -$28K |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$17K | -$5K | -$2K | -$4K | -$26K | $0 | $0 |
| Net Cash from Investing | $0 | $0 | -$17K | -$5K | -$2K | -$4K | -$26K | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | -$2K | -$1K | $36K | $3K | $19K |
| Net Cash from Financing | $0 | $4K | -$57K | $13K | -$2K | -$1K | $36K | $3K | $19K |
| Forex Effect | $116 | -$116 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | -$4K | $3K | $1K | $0 | $0 | -$3K | -$769 | -$9K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$116 | -$9 | $78K | -$6K | $3K | $6K | -$13K | -$4K | -$28K |
| Capital Expenditure | -$4 | $0 | $0 | $3 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$120 | -$9 | $78K | -$6K | $3K | $6K | -$13K | -$4K | -$28K |
| Cash at Beginning | $0 | $4K | $1K | $5 | $6 | $5 | $3K | $4K | $13K |
| Cash at End | $0 | $0 | $4K | $1K | $5 | $6 | $5 | $3K | $4K |