GEBRF Greenbriar Sustainable Living Inc.
Price Chart
Executive Summary
Greenbriar Sustainable Living Inc. filed its unaudited Q1 2026 financial statements, reporting a net loss of $1,074,066 (vs. $982,732 in Q1 2025), no revenue, and a working capital deficiency of $13,059,336. The filing explicitly states that a material uncertainty exists raising substantial doubt about the company's ability to continue as a going concern. The company's two main projects (Sage Ranch housing and Montalva solar) remain in development/pre-construction stages with no near-term revenue visibility.
Actionable Insight
The going concern warning and severe cash shortage ($23,469) make this a high-risk situation. Monitor for any news on the Voya $40M loan mandate, Sage Ranch permit approvals, or Montalva regulatory progress — these are the only potential catalysts that could alleviate the liquidity crisis. Without a financing event, the company may not survive the next 12 months.
Key Facts
- Net loss of $1,074,066 for Q1 2026, compared to $982,732 in Q1 2025
- No revenue generated in the quarter; zero revenue history
- Working capital deficiency of $13,059,336 as of March 31, 2026
- Accumulated deficit of $39,203,470
- Cash balance of only $23,469
- Explicit going concern warning: 'material uncertainty exists that raises substantial doubt on the Company's ability to continue as a going concern'
- Total liabilities of $17,768,997 vs. shareholders' equity of $4,199,289
- Convertible debentures of $4,747,437 and loans payable of $3,863,596, both classified as current liabilities
- Sage Ranch project (995 homes) still in permitting phase; EIR ruling from June 2024 not yet resolved
- Montalva solar project (80 MW) awaiting regulatory approvals from PREPA/PREB; no PPA finalized
Financial Impact
Net loss of $1,074,066 in Q1 2026; working capital deficiency of $13,059,336; cash burn rate of ~$415,000 per quarter from operations
Risk Factors
- Going concern risk — substantial doubt about ability to continue operations
- Liquidity risk — only $23,469 cash against $16.3M in current liabilities
- Regulatory risk — Sage Ranch EIR ruling not yet resolved; Montalva PPA not finalized
- Dilution risk — 7,964,667 warrants and 3,062,000 options outstanding, plus ongoing reliance on equity/debt financing
- No revenue history — company has never generated operating revenue
Market Snapshot
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001062993-26-002963 |
| Exhibit: exhibit99-2.htm | 0001062993-26-002963 |
| Exhibit: exhibit99-4.htm | 0001062993-26-002963 |
| Exhibit: exhibit99-3.htm | 0001062993-26-002963 |
| Document: form6k.htm | 0001062993-26-002963 |
| Document: 0001062993-26-002963-index-headers.html | 0001062993-26-002963 |
| Document: 0001062993-26-002963-index.html | 0001062993-26-002963 |
| Document: 0001062993-26-002963.txt | 0001062993-26-002963 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
12d ago
|
6-K
| $0.3970 $0.4000 | ▼ −0.76% | ▼ −1.48% | $0.2600 (+34.51%) |
|
May 18, 2026
27d ago
|
6-K
| $0.1600 $0.3000 | ▲ +87.50% | ▲ +88.15% | $0.2600 (+62.50%) |
|
May 12, 2026
4w ago
|
6-K
| $0.3600 $0.3600 | · 0.00% | ▼ −0.54% | $0.2600 (−27.78%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access