GRHI Reports Zero Revenue Amidst Continued Operational Stagnation
Ticker: GRHI · Form: 10-Q · Filed: Aug 1, 2025 · CIK: 894501
Sentiment: bearish
Topics: No Revenue, Pre-Revenue, High Risk, Penny Stock, SEC Filing, Computer Integrated Systems Design, Corporate History
Related Tickers: GRHI
TL;DR
**GRHI is a zombie stock with zero revenue, avoid at all costs.**
AI Summary
GOLD ROCK HOLDINGS, INC. (GRHI) reported no revenue for the three and six months ended June 30, 2025, and June 30, 2024, indicating a continued lack of operational income. The company's net income was not explicitly stated, but the absence of revenue suggests ongoing losses. There were no key business changes or strategic outlooks detailed in the provided excerpt. The filing indicates a history of name changes, from AFFORDABLE HOMES OF AMERICA INC in 1999 to WORLD HOMES INC in 2000, COMPOSITE HOLDINGS INC in 2001, and finally GOLD ROCK HOLDINGS, INC., which could signal past strategic shifts or business model changes. The company's primary risk appears to be its inability to generate revenue, which is critical for sustained operations. The filing also mentions the issuance of Series A Preferred Stock on January 11, 2024, and subsequent transactions between February 1 and February 13, 2024, which could be a financing attempt.
Why It Matters
For investors, GRHI's persistent lack of revenue for both the three and six months ended June 30, 2025, and 2024, is a critical red flag, indicating a non-operational or pre-revenue stage company with no clear path to profitability. Employees, if any, face significant job insecurity given the absence of business activity. Customers are non-existent, as there's no product or service generating income. In the broader market, GRHI's status as a non-revenue generating entity in the 'SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN' sector suggests it's far behind competitors who are actively generating income and innovating.
Risk Assessment
Risk Level: high — The risk level is high because GOLD ROCK HOLDINGS, INC. reported $0 in revenue for both the three and six months ended June 30, 2025, and June 30, 2024. This complete lack of operational income, coupled with a history of multiple name changes (AFFORDABLE HOMES OF AMERICA INC, WORLD HOMES INC, COMPOSITE HOLDINGS INC), strongly suggests a company with no viable business model or significant ongoing operations.
Analyst Insight
Investors should avoid GOLD ROCK HOLDINGS, INC. (GRHI) stock. The consistent lack of revenue for multiple periods indicates a company that is not generating any business and presents an extremely high investment risk.
Financial Highlights
- revenue
- $0
- revenue Growth
- 0.0%
Revenue Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Q2 2025 | $0 | 0.0% |
| Q2 2024 | $0 | 0.0% |
| First Six Months 2025 | $0 | 0.0% |
| First Six Months 2024 | $0 | 0.0% |
Key Numbers
- $0 — Revenue for Q2 2025 (Indicates no operational income for the quarter ended June 30, 2025.)
- $0 — Revenue for Q2 2024 (Indicates no operational income for the quarter ended June 30, 2024, showing a consistent lack of revenue year-over-year.)
- 2025-06-30 — Conformed Period of Report (The end date for the financial period covered by this 10-Q filing.)
- 2025-08-01 — Filed As Of Date (The date the 10-Q report was officially filed with the SEC.)
- 2024-01-11 — Series A Preferred Stock issuance date (Date when Series A Preferred Stock was issued, potentially for financing.)
Key Players & Entities
- GOLD ROCK HOLDINGS, INC. (company) — filer of the 10-Q
- AFFORDABLE HOMES OF AMERICA INC (company) — former name of GRHI until 1999-05-18
- WORLD HOMES INC (company) — former name of GRHI until 2000-11-09
- COMPOSITE HOLDINGS INC (company) — former name of GRHI until 2001-08-31
- 06 Technology (company) — organization name associated with GRHI
- $0 (dollar_amount) — revenue for Q2 2025 and Q2 2024
- SEC (regulator) — recipient of the 10-Q filing
FAQ
What is GOLD ROCK HOLDINGS, INC.'s revenue for the second quarter of 2025?
GOLD ROCK HOLDINGS, INC. reported $0 in revenue for the three months ended June 30, 2025, indicating no operational income during that period.
How has GOLD ROCK HOLDINGS, INC.'s revenue changed year-over-year?
The company's revenue has not changed, remaining at $0 for both the three months ended June 30, 2025, and the three months ended June 30, 2024.
What is the primary business of GOLD ROCK HOLDINGS, INC.?
GOLD ROCK HOLDINGS, INC. is classified under 'SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]', suggesting its intended primary business is in computer systems integration.
When was GOLD ROCK HOLDINGS, INC.'s Series A Preferred Stock issued?
GOLD ROCK HOLDINGS, INC. issued Series A Preferred Stock on January 11, 2024, with subsequent transactions occurring between February 1 and February 13, 2024.
What are the risks associated with investing in GOLD ROCK HOLDINGS, INC.?
The primary risk is the company's consistent lack of revenue ($0 for Q2 2025 and Q2 2024), which indicates no ongoing business operations and a high likelihood of financial instability.
What was GOLD ROCK HOLDINGS, INC. formerly known as?
GOLD ROCK HOLDINGS, INC. has undergone several name changes, including AFFORDABLE HOMES OF AMERICA INC (until 1999), WORLD HOMES INC (until 2000), and COMPOSITE HOLDINGS INC (until 2001).
What is the fiscal year end for GOLD ROCK HOLDINGS, INC.?
The fiscal year end for GOLD ROCK HOLDINGS, INC. is December 31.
Where is GOLD ROCK HOLDINGS, INC.'s business address?
The business address for GOLD ROCK HOLDINGS, INC. is 2020 General Booth Blvd, #230, Virginia Beach, VA 23452.
What is the significance of the $0 revenue reported by GOLD ROCK HOLDINGS, INC. for investors?
For investors, $0 revenue signifies that GOLD ROCK HOLDINGS, INC. is not generating any income from its operations, making it a highly speculative and risky investment with no current business activity.
Has GOLD ROCK HOLDINGS, INC. shown any signs of business growth?
Based on the provided 10-Q, GOLD ROCK HOLDINGS, INC. has shown no signs of business growth, reporting $0 revenue for both the current and prior year's second quarters.
Risk Factors
- Lack of Revenue Generation [high — operational]: The company has reported $0 revenue for both the three and six months ended June 30, 2025, and June 30, 2024. This persistent inability to generate operational income poses a significant risk to the company's continued existence and ability to fund operations.
- Dependence on Financing [medium — financial]: The issuance of Series A Preferred Stock on January 11, 2024, and subsequent transactions in February 2024 suggest a reliance on external financing. Without revenue generation, the company may continue to depend on such financing rounds, which are not guaranteed.
- History of Name Changes [medium — operational]: The company has undergone multiple name changes, from AFFORDABLE HOMES OF AMERICA INC in 1999 to WORLD HOMES INC in 2000, COMPOSITE HOLDINGS INC in 2001, and finally GOLD ROCK HOLDINGS, INC. This history could indicate past business failures or significant strategic shifts, raising questions about current business viability.
Industry Context
GOLD ROCK HOLDINGS, INC. is classified under SIC code 7373 (Computer Integrated Systems Design). However, the company's current financial filings indicate a complete absence of revenue, suggesting it is not actively operating within this sector or has undergone a significant, undisclosed business model change. The broader industry for computer integrated systems design involves providing IT consulting, system integration, and custom software development services.
Regulatory Implications
As a public company, GOLD ROCK HOLDINGS, INC. is subject to SEC regulations, including timely filing of its 10-Q reports. The lack of revenue and potential operational challenges could attract scrutiny regarding its status as a going concern. Failure to demonstrate a path to revenue generation could lead to delisting or other regulatory actions.
What Investors Should Do
- Investigate operational status and future plans.
- Analyze the impact of Series A Preferred Stock issuance.
- Monitor for any disclosures regarding business development or strategic shifts.
Key Dates
- 2025-06-30: Quarterly Period End — Marks the end of the reporting period for the Q2 2025 financial results.
- 2025-08-01: 10-Q Filing Date — Indicates when the company officially submitted its quarterly report to the SEC.
- 2024-01-11: Series A Preferred Stock Issuance — A key date for potential financing activities, suggesting the company sought capital.
- 2024-02-01: Start of Preferred Stock Transaction Period — Part of a series of transactions potentially related to the Series A Preferred Stock issuance.
- 2024-02-13: End of Preferred Stock Transaction Period — Concludes the period of transactions related to the Series A Preferred Stock.
- 2001-08-31: Name Change to COMPOSITE HOLDINGS INC — Part of the company's history of corporate identity changes.
Glossary
- FORM 10-Q
- A quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a continuing disclosure by public companies. (This document is the 10-Q filing for GOLD ROCK HOLDINGS, INC., detailing its financial performance and condition for the specified quarter.)
- Conformed Period of Report
- The end date of the financial reporting period covered by the filing. (For this filing, it is June 30, 2025, indicating the period for which financial results are reported.)
- Filed As Of Date
- The date the report was officially filed with the SEC. (This filing was made on August 1, 2025.)
- Series A Preferred Stock
- A class of preferred stock that typically has priority over common stock in dividend payments and asset distribution in case of liquidation. (The issuance of this stock on January 11, 2024, suggests a capital-raising effort by the company.)
- SIC Code 7373
- Standard Industrial Classification code for Computer Integrated Systems Design. (Indicates the company's primary industry classification, though its current operations appear to be non-revenue generating.)
Year-Over-Year Comparison
This 10-Q filing for the period ending June 30, 2025, shows a continued lack of revenue, with $0 reported for both the current quarter and the year-to-date period, mirroring the $0 revenue reported for the comparable periods in 2024. There are no reported changes in net income or other key financial metrics due to the absence of revenue. No new significant risks appear to have been introduced, but the existing risk of non-revenue generation remains paramount.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on August 1, 2025 regarding GOLD ROCK HOLDINGS, INC. (GRHI).