Greene Concepts, Inc (INKW)
Greene Concepts, Inc., through its subsidiary, Mammoth Ventures Inc. operates as a bottling and beverage company. The company focuses on producing a variety of beverage product lines, including spring and artesian water, cannabinoid, infused beverages, pH balanced water, and beverage offerings, as well as athletic drinks. It also focuses on delivering water directly to the consumers. Greene Concepts, Inc. was incorporated in 1952 and is based in Clovis, California.
Sector: Bottled & Canned Soft Drinks & Carbonated Waters
Industry: Beverages - Non-Alcoholic
Greene Concepts, Inc.
OTC:INKWConsumer Defensive · Beverages - Non-Alcoholic
-34.00%$0.0050
Mkt Cap$313K
Float-
O/S63.13M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$860K
Net Income-$438K
Total Assets$5.33M
Free Cash Flow-$804K
Debt & Equity
Debt 38%
Equity 62%
Preferred 0%
Total Debt$1.92M
Total Equity$3.17M
Preferred Stock$166
Shares Outstanding
Short Interest
Split History3 splits · 1 reverse
2-year cumulative
1:80
Nasdaq bars a compliance period at 1:250
- 1:80Reverse splitJul 30, 202680 shares → 1
- 5:1Forward splitAug 16, 20051 share → 5
- 20:1Forward splitApr 1, 20051 share → 20
Balance Sheet Details
Assets$5.33M
Liabilities$2.16M
Accounts Receivable$228K
Accounts Payable$23K
Inventory$251K
PP&E (Net)$4.66M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
| Revenue | $860K | $991K | $857K | $720K | $308K | $419K | $52K | $79K | $50K | $34K | $51K |
| YoY Growth | -13.2% | 15.7% | 19.0% | 133.6% | -26.5% | 707.8% | -34.4% | 57.7% | 49.7% | -34.2% | - |
| Cost of Revenue | $441K | $366K | $561K | $657K | $359K | $503K | $105K | $86K | $93K | $79K | $85K |
| Gross Profit | $420K | $625K | $296K | $63K | -$50K | -$84K | -$53K | -$7K | -$43K | -$46K | -$34K |
| Gross Margin | 48.8% | 63.0% | 34.5% | 8.7% | -16.4% | -20.0% | -102.5% | -9.0% | -85.9% | -137.1% | -66.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $876K | $779K | $835K | $1.47M | $1.15M | $2.46M | $571K | $243K | $51K | $45K | $52K |
| Other | $5K | $18K | $12K | $1K | $35K | $110K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $881K | $796K | $847K | $1.47M | $1.19M | $2.57M | $571K | $243K | $51K | $45K | $52K |
| Operating Income (EBIT) | -$461K | -$172K | -$551K | -$1.41M | -$1.24M | -$2.66M | -$624K | -$250K | -$94K | -$91K | -$86K |
| Operating Margin | -53.6% | -17.3% | -64.4% | -195.5% | -401.3% | -633.5% | -1202.3% | -316.1% | -188.3% | -270.8% | -168.3% |
| Interest Expense | $0 | $3K | $0 | $243K | $101K | $49K | $84K | $38K | $2K | $2K | $2K |
| Interest Income | $3K | $6K | $408 | $451 | $93 | $87 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $24K | $2K | $300K | $8K | -$101K | $271K | -$84K | -$38K | -$2K | -$2K | -$2K |
| Income Before Tax (EBT) | -$438K | -$170K | -$242K | -$1.4M | -$1.34M | -$2.38M | -$708K | -$288K | -$96K | -$93K | -$88K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5 | $0 | $0 |
| Net Income | -$438K | -$170K | -$242K | -$1.4M | -$1.34M | -$2.38M | -$708K | -$288K | -$96K | -$93K | -$88K |
| Net Income Margin | -50.9% | -17.1% | -28.2% | -194.5% | -434.0% | -568.8% | -1364.8% | -364.0% | -191.7% | -276.6% | -172.8% |
| Supplementary Data | |||||||||||
| EPS | -0.01 | 0.00 | -0.01 | -0.05 | -0.05 | -0.10 | -0.05 | -0.03 | -0.01 | -0.01 | -0.01 |
| Diluted EPS | -0.01 | 0.00 | -0.01 | -0.05 | -0.05 | -0.10 | -0.05 | -0.03 | -0.01 | -0.01 | -0.01 |
| Weighted Average OS | 78.02M | 48.14M | 36.13M | 28.38M | 26.06M | 25.90M | 16.03M | 9.79M | 12.93M | 12.93M | 12.93M |
| EBITDA | -$392K | -$103K | -$173K | -$1.32M | -$1.17M | -$2.27M | -$555K | -$182K | -$27K | -$24K | -$19K |
| EBITDA Margin | -45.6% | -10.4% | -20.2% | -183.2% | -379.0% | -540.7% | -1069.3% | -230.0% | -53.9% | -70.5% | -36.5% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $80K | $53K | $238K | $195K | $896K | $2.58M | $67K | $94K | $10K | $8K | $2K |
| Short-Term Investments | $0 | $0 | $33 | $342 | $47K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $80K | $53K | $238K | $196K | $942K | $2.58M | $67K | $94K | $10K | $8K | $2K |
| Accounts Receivable | $228K | $293K | $306K | $35K | $10K | $27K | $889 | $0 | $28K | $13K | $10K |
| Inventory | $251K | $377K | $445K | $326K | $331K | $92K | $51K | $0 | $453K | $527K | $537K |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $559K | $723K | $989K | $556K | $1.29M | $2.7M | $119K | $94K | $491K | $548K | $549K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $4.66M | $4.71M | $4.77M | $4.59M | $4.55M | $3.85M | $4.01M | $3.25M | $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 | $0 | $703 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $112K | $164K | $359K | $349K | $355K | $102K | $254K | $2K | $218K | $285K | $352K |
| Total Long-Term Assets | $4.77M | $4.88M | $5.13M | $4.94M | $4.9M | $3.95M | $4.27M | $3.25M | $218K | $285K | $352K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.33M | $5.6M | $6.12M | $5.5M | $6.19M | $6.65M | $4.39M | $3.34M | $709K | $834K | $902K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $23K | $38K | $30K | $72K | $130K | $38K | $28K | $40K | $89K | $77K | $87K |
| Short-Term Debt | $1.92M | $1.55M | $2.46M | $2.34M | $2.22M | $1.25M | $2.56M | $1.93M | $1.67M | $1.05M | $1.01M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $221K | $198K | $197K | $123K | $10K | $289K | $163K | -$53K | -$89K | $3K | $3K |
| Total Current Liabilities | $2.16M | $1.78M | $2.69M | $2.54M | $2.41M | $1.6M | $2.75M | $1.93M | $1.67M | $1.13M | $1.1M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $572K | $572K |
| 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 | -$630 | -$29 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | -$630 | -$29 | $0 | $0 | $0 | $572K | $572K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.16M | $1.78M | $2.69M | $2.54M | $2.41M | $1.6M | $2.75M | $1.93M | $1.67M | $1.7M | $1.67M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $166 | $89 | $89 | $89 | $89 | $833 | $1K | $1K | $1K | $0 | $0 |
| Common Stock | $8K | $385K | $289K | $227K | $208K | $207K | $128K | $78K | $72K | $719K | $719K |
| Retained Earnings | -$8.67M | -$8.23M | -$8.07M | -$7.82M | -$6.42M | -$5.08M | -$2.68M | -$1.97M | -$1.68M | -$1.58M | -$1.49M |
| Comprehensive Income & Other | $0 | $0 | $0 | $10.78M | $0 | $0 | $4.32M | -$0 | $0 | $719K | $719K |
| Other Stockholders' Equity | $11.83M | $11.67M | $11.21M | $10.56M | $9.99M | $9.92M | $4.19M | $3.31M | $647K | $0 | $0 |
| Total Equity | $3.17M | $3.82M | $3.43M | $2.96M | $3.78M | $5.04M | $1.64M | $1.42M | -$960K | -$864K | -$771K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.33M | $5.6M | $6.12M | $5.5M | $6.19M | $6.65M | $4.39M | $3.34M | $709K | $834K | $902K |
| Supplementary Data | |||||||||||
| Total Debt | $1.92M | $1.55M | $2.46M | $2.34M | $2.22M | $1.25M | $2.56M | $1.93M | $1.67M | $1.62M | $1.58M |
| Net Debt | $1.84M | $1.5M | $2.22M | $2.15M | $1.32M | -$1.34M | $2.49M | $1.83M | $1.66M | $1.61M | $1.58M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
| Operating Activities | |||||||||||
| Net Income | -$438K | -$170K | -$242K | -$1.4M | -$1.34M | -$2.38M | -$708K | -$288K | -$96K | -$93K | -$88K |
| Depreciation & Amortization | $69K | $69K | $69K | $89K | $69K | $69K | $69K | $68K | $67K | $67K | $67K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | -$744 | -$879 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $26K | $12K | -$271K | $21K | $17K | -$26K | -$889 | $28K | -$15K | -$3K | -$4K |
| Inventory | $117K | $68K | -$120K | $5K | -$239K | -$63K | -$51K | -$491K | $74K | $10K | $13K |
| Accounts Payable | -$20K | $8K | -$42K | -$57K | $91K | -$42K | -$12K | -$49K | $13K | -$11K | $232 |
| Other Working Capital | -$23K | -$195K | $84K | $58K | -$557K | $323K | $151K | $12K | -$3K | $0 | $0 |
| Total Working Capital Change | $100K | -$106K | -$348K | $28K | -$688K | $192K | $86K | -$500K | $69K | -$4K | $9K |
| Other Non-Cash Items | -$519K | $0 | -$212K | -$20K | $0 | $150K | $0 | $867K | $62K | $138K | $126K |
| Net Cash from Operating | -$788K | -$206K | -$733K | -$1.3M | -$1.96M | -$1.97M | -$553K | -$501K | $40K | -$29K | -$12K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$16K | -$11K | -$249K | -$120K | -$769K | -$24K | -$850K | -$1.35M | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$540 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$16K | -$11K | -$249K | -$120K | -$769K | -$25K | -$850K | -$1.35M | $0 | $0 | $0 |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $413K | $555K | $698K | $589K | $71K | $7.24M | $1.38M | $1.94M | -$38K | $35K | $15K |
| Net Cash from Financing | $784K | $32K | $1.02M | $723K | $1.04M | $4.51M | $1.38M | $1.94M | -$38K | $35K | $15K |
| Forex Effect | $48K | $0 | $0 | $0 | $0 | $540 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $27K | -$186K | $43K | -$700K | -$1.69M | $2.51M | -$27K | $84K | $2K | $6K | $3K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$788K | -$206K | -$733K | -$1.3M | -$1.96M | -$1.97M | -$553K | -$501K | $40K | -$29K | -$12K |
| Capital Expenditure | -$16K | -$11K | -$249K | -$120K | -$769K | -$24K | -$850K | -$1.35M | $0 | $0 | $0 |
| Free Cash Flow | -$804K | -$218K | -$982K | -$1.42M | -$2.73M | -$2M | -$1.4M | -$1.85M | $40K | -$29K | -$12K |
| Cash at Beginning | $53K | $238K | $195K | $896K | $2.58M | $67K | $94K | $10K | $8K | $2K | -$586 |
| Cash at End | $80K | $53K | $238K | $195K | $896K | $2.58M | $67K | $94K | $10K | $8K | $2K |