2024 Q4 Form 10-Q Financial Statement
#000109181824000131 Filed on October 30, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $66.00K | |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | $66.00K | |
YoY Change | ||
Gross Profit Margin | 100.0% | |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $45.60K | |
YoY Change | 332.02% | |
Operating Profit | $20.41K | |
YoY Change | -293.34% | |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | ||
YoY Change | ||
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $20.41K | |
YoY Change | -293.34% | |
Net Earnings / Revenue | 30.92% | |
Basic Earnings Per Share | $0.00 | |
Diluted Earnings Per Share | $0.00 | |
COMMON SHARES | ||
Basic Shares Outstanding | 238.1M shares | 236.9M shares |
Diluted Shares Outstanding | 238.1M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $215.3K | |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $44.00K | |
Other Receivables | ||
Total Short-Term Assets | $259.3K | |
YoY Change | 166119.87% | |
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 | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $259.3K | |
Total Long-Term Assets | $0.00 | |
Total Assets | $259.3K | |
YoY Change | 166119.87% | |
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 | $81.59K | |
YoY Change | 1010.0% | |
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 | $81.59K | |
Total Long-Term Liabilities | ||
Total Liabilities | $81.59K | |
YoY Change | 1010.0% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.104M | |
YoY Change | 29.77% | |
Common Stock | $238.1K | |
YoY Change | 3.07% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $177.7K | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $259.3K | |
YoY Change | 166119.87% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $20.41K | |
YoY Change | -293.34% | |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | ||
YoY Change | ||
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 | ||
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | ||
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change In Cash | ||
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | ||
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
City Area Code
CityAreaCode
|
757 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
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Document Transition Report
DocumentTransitionReport
|
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dei |
Entity File Number
EntityFileNumber
|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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us-gaap |
Revenues
Revenues
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Cost Of Revenue
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Gross Profit
GrossProfit
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Gross Profit
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Salaries Wages And Officers Compensation
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|
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Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
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grhi |
Common Stock Issued To Prepay Director For Payment Of Operating Expenses
CommonStockIssuedToPrepayDirectorForPaymentOfOperatingExpenses
|
usd | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
usd | ||
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Increase Decrease In Accrued Board Of Directors Compensation
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Net Cash Provided By Used In Investing Activities
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Net Cash Provided By Used In Investing Activities
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Proceeds From Issuance Of Common Stock
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Interest Paid
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Income Taxes Paid
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|
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Income Taxes Paid
IncomeTaxesPaid
|
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dei |
Entity Registrant Name
EntityRegistrantName
|
GOLD ROCK HOLDINGS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
87-0434297 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2020 General Booth Blvd. | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 230 | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
VA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
23454 | ||
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2023Q4 | us-gaap |
Assets Current
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|
108 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
108 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
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9900 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
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|
9900 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
9900 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
231053636 | shares |
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
625192 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Stockholders Equity
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|
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Stockholders Equity
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|
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Liabilities And Stockholders Equity
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|
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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Revenues
Revenues
|
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us-gaap |
Revenues
Revenues
|
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Gross Profit
GrossProfit
|
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us-gaap |
Gross Profit
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us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
175000 | usd | |
us-gaap |
Salaries Wages And Officers Compensation
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Consulting Fees Expenses
ConsultingFeesExpenses
|
4000 | usd |
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Consulting Fees Expenses
ConsultingFeesExpenses
|
3000 | usd |
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Consulting Fees Expenses
ConsultingFeesExpenses
|
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grhi |
Consulting Fees Expenses
ConsultingFeesExpenses
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General And Administrative Expense
GeneralAndAdministrativeExpense
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us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
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General And Administrative Expense
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Operating Expenses
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Operating Expenses
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Operating Expenses
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Operating Expenses
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Net Income Loss
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Net Income Loss
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us-gaap |
Net Income Loss
NetIncomeLoss
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Net Income Loss
NetIncomeLoss
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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Weighted Average Number Of Diluted Shares Outstanding
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WeightedAverageNumberOfSharesOutstandingBasic
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
237008624 | shares | |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
185826007 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
185826007 | shares | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
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0.00 | |
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
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Earnings Per Share Diluted
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Net Income Loss
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Net Income Loss
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Increase Decrease In Accounts Receivable
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Increase Decrease In Accounts Payable And Accrued Liabilities
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Increase Decrease In Accounts Payable And Accrued Liabilities
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grhi |
Increase Decrease In Accrued Board Of Directors Compensation
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Net Cash Provided By Used In Operating Activities
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us-gaap |
Net Cash Provided By Used In Operating Activities
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Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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Proceeds From Contributions From Affiliates
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Net Cash Provided By Used In Financing Activities
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425700 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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215195 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Common Stock Issued To Prepay Director For Payment Of Operating Expense
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Common Stock Issued For Board Of Director Consulting Services
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Stockholders Equity
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Capital Contributions Director
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Profit Loss
ProfitLoss
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Stockholders Equity
StockholdersEquity
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dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
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EntityCentralIndexKey
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0000894501 | ||
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
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Accrued Board Of Director Compensation
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Revenues
Revenues
|
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grhi |
Common Stock Issued For Board Of Director And Consulting Services
CommonStockIssuedForBoardOfDirectorAndConsultingServices
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Entity Address City Or Town
EntityAddressCityOrTown
|
Virginia Beach | ||
dei |
Local Phone Number
LocalPhoneNumber
|
306-6090 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
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Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
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Entity Emerging Growth Company
EntityEmergingGrowthCompany
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false | ||
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Entity Small Business
EntitySmallBusiness
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true | ||
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Entity Shell Company
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Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
238136969 | shares |
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
44000 | usd |
CY2024Q3 | us-gaap |
Assets Current
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259303 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
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259303 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
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2585 | usd |
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Accrued Board Of Director Compensation
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|
79000 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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81585 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
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81585 | usd |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
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|
0.001 | |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
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850000000 | shares |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
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850000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
238136969 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
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238136969 | shares |
CY2024Q3 | us-gaap |
Common Stock Value
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238136 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
231053 | usd |
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
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41595 | usd |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
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700 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1284 | usd |
CY2023Q3 | grhi |
Capital Contributions Director
CapitalContributionsDirector
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7147 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
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CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-7194 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9792 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
350000 | usd |
CY2024Q1 | grhi |
Capital Contributions Director
CapitalContributionsDirector
|
700 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-165596 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
175312 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
75000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-92999 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
157313 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
20405 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
177718 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_840_eus-gaap--UseOfEstimates_zSjskbr24b39" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><span id="xdx_865_zZYLJNAFaMi1">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The preparation of condensed consolidated 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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> | ||
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1104227 | usd |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
700 | usd | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
38843 | usd | |
grhi |
Common Stock Issued To Prepay Director For Payments Of Operating Expenses
CommonStockIssuedToPrepayDirectorForPaymentsOfOperatingExpenses
|
29000 | usd | |
grhi |
Stock Issuance To Reimburse
StockIssuanceToReimburse
|
0.0042 | ||
grhi |
Agreement Monthly Charges
AgreementMonthlyCharges
|
1000 | usd | |
us-gaap |
Other Expenses
OtherExpenses
|
3000 | usd | |
us-gaap |
Other Expenses
OtherExpenses
|
9000 | usd | |
CY2024Q3 | grhi |
Agreement Amount Payable
AgreementAmountPayable
|
95000 | usd |
CY2024Q3 | grhi |
Annually Paid
AnnuallyPaid
|
75000 | usd |
CY2024Q3 | grhi |
Board Of Director Compensation
BoardOfDirectorCompensation
|
0 | usd |
CY2023Q3 | grhi |
Board Of Director Compensation
BoardOfDirectorCompensation
|
0 | usd |
grhi |
Board Of Director Compensation
BoardOfDirectorCompensation
|
75000 | usd | |
grhi |
Board Of Director Compensation
BoardOfDirectorCompensation
|
170000 | usd | |
us-gaap |
Related Party Transaction Description Of Transaction
RelatedPartyTransactionDescriptionOfTransaction
|
The Company entered into an agreement with the officer of LOOT8, Inc. for $12,500 monthly of which $10,000 will be paid monthly and $2,500 will be deferred until the Company’s financial health is projected to support full payment. | ||
CY2024Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
37500 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
100000 | usd | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
850000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
850000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
238136969 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
238136969 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
231053636 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
231053636 | shares |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
40952381 | usd | |
us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
172000 | shares | |
grhi |
Common Stock Issued For Consulting And Director Compensation Shares
CommonStockIssuedForConsultingAndDirectorCompensationShares
|
6904761 | shares | |
grhi |
Common Stock Issued For Consulting And Director Compensation
CommonStockIssuedForConsultingAndDirectorCompensation
|
29000 | usd | |
us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
7083333 | shares | |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
425000 | usd | |
CY2024Q1 | grhi |
Sponsorship Description
SponsorshipDescription
|
Company’s wholly owned subsidiary entered into a sponsorship commitment with a consultant to the University of Houston in the amount of $125,000 for one year ending on February 12, 2025, to be paid in twelve (12) installments of $10,416.66 each. | |
CY2024Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
20833 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
20816 | usd | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |