Greenbriar Sustainable Living Inc. (GEBRF) Form 6-K — Jun 2, 2026
Greenbriar Sustainable Living Inc. reported a net loss of $1.07 million for the three months ended March 31, 2026, driven by ongoing administrative expenses and finance costs, with no revenue generated to date. The company disclosed a working capital deficiency of $13.1 million and an accumulated deficit of $39.2 million, explicitly stating that these conditions raise substantial doubt about its ability to continue as a going concern. To sustain operations, the company raised $250,000 in a private placement in March 2026 and another $250,000 in a subsequent private placement in May 2026.
Key figures
- Total Debt
- 17768997
- Total Assets
- 21968286
- Cash Position
- 23469
- Shares Outstanding
- 43274983
- Montalva Asset Value
- 8220941
- Sage Ranch Asset Value
- 10553654
- Voya Loan Mandate Amount
- 40000000
- Q1 Private Placement Proceeds
- 250000
- Subsequent Private Placement Proceeds
- 250000
AI analysis
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