2023 Q1 Form 10-K Financial Statement
#000109181823000033 Filed on March 15, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $196.4K | $434.2K | |
YoY Change | 282.4% | 371.71% | |
Operating Profit | -$196.4K | -$434.2K | |
YoY Change | 282.4% | 371.71% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $3.000K | $12.00K | |
YoY Change | 0.0% | 0.0% | |
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$196.4K | -$434.2K | |
YoY Change | 282.4% | 371.71% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 87.48M shares | 87.48M shares | 87.46M shares |
Diluted Shares Outstanding | 93.86M shares | 87.46M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $1.236K | $1.284K | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $5.725K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $6.961K | $1.284K | |
YoY Change | -24.47% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $6.961K | $1.284K | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $6.961K | $1.284K | |
YoY Change | -24.47% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.210K | $403.2K | |
YoY Change | 3820.03% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.210K | $403.2K | |
Total Long-Term Liabilities | |||
Total Liabilities | $2.210K | $403.2K | |
YoY Change | 3820.03% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$830.1K | -$633.7K | |
YoY Change | 217.59% | ||
Common Stock | $231.1K | $87.48K | |
YoY Change | 0.11% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $4.751K | -$401.9K | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.961K | $1.284K | |
YoY Change | -24.47% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$196.4K | -$434.2K | |
YoY Change | 282.4% | 371.71% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$48.00 | -$40.29K | |
YoY Change | -99.73% | -12.33% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $39.88K | ||
YoY Change | -13.24% | ||
NET CHANGE | |||
Cash From Operating Activities | -$48.00 | -$40.29K | |
Cash From Investing Activities | |||
Cash From Financing Activities | $39.88K | ||
Net Change In Cash | -$48.00 | -$416.00 | |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$48.00 | -$40.29K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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Common Shares Issued For Consulting
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2022-12-31 | |
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GOLD ROCK HOLDINGS, INC | |
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NV | |
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Entity Tax Identification Number
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87-0434297 | |
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2020 General Booth Blvd | |
CY2022 | dei |
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Suite 230 | |
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Entity Address City Or Town
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Virginia Beach | |
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Entity File Number
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000-56304 | |
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VA | |
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Entity Address Postal Zip Code
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23454 | |
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City Area Code
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(757) | |
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Local Phone Number
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306-6090 | |
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Auditor Name
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BF Borgers CPA PC | |
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Auditor Firm
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5041 | |
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Auditor Location
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Lakewood, CO | |
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9285 | usd |
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Accrued Board Of Director Compensation
AccruedBoardOfDirectorCompensation
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31000 | usd |
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Accrued Board Of Director Compensation
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1000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
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403175 | usd |
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10285 | usd |
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Liabilities
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Par Or Stated Value Per Share
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0.001 | |
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Common Stock Shares Authorized
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Shares Issued
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Common Stock Value
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Common Stock Value
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Net Income Loss
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Weighted Average Number Of Common Shares Basic And Diluted
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|
87461386 | shares |
CY2021 | grhi |
Weighted Average Number Of Common Shares Basic And Diluted
WeightedAverageNumberOfCommonSharesBasicAndDiluted
|
78181056 | shares |
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Net Loss For Period Per Common Shares Basic And Diluted
NetLossForPeriodPerCommonSharesBasicAndDiluted
|
-0.00 | |
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Net Loss For Period Per Common Shares Basic And Diluted
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Net Income Loss
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Issuance Of Stock And Warrants For Services Or Claims
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Stockholders Equity
StockholdersEquity
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|
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NetIncomeLoss
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Stockholders Equity
StockholdersEquity
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Stockholders Equity
StockholdersEquity
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NetIncomeLoss
|
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Stockholders Equity
StockholdersEquity
|
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Use Of Estimates
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|
<p id="xdx_847_eus-gaap--UseOfEstimates_zT8BUnSCLBZ5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zxmYmQpF3GH8">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
850000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-633726 | usd |
CY2022Q4 | grhi |
Working Capital
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|
401891 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
87482208 | shares |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
39876 | usd |
CY2021 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
45959 | usd |
CY2022 | us-gaap |
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|
39876 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
45959 | usd |
CY2022 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
1000 | usd |
CY2022 | us-gaap |
Other Expenses
OtherExpenses
|
12000 | usd |
CY2021 | us-gaap |
Other Expenses
OtherExpenses
|
12000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
21000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
9000 | usd |
CY2022 | us-gaap |
Related Party Transaction Description Of Transaction
RelatedPartyTransactionDescriptionOfTransaction
|
The Company had a 5 year compensation agreement with its Board Chairman beginning January 1, 2022 and ending on December 31, 2026. Compensation is an annual fee of $30,000, due in the following month of January. | |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
30000 | usd |
CY2021 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
30000 | usd |
CY2022Q4 | grhi |
Accrued Board Of Director Compensation
AccruedBoardOfDirectorCompensation
|
31000 | usd |
CY2021Q4 | grhi |
Accrued Board Of Director Compensation
AccruedBoardOfDirectorCompensation
|
1000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
850000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
87482208 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
87382208 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
87382208 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
100000 | shares |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1000 | usd |