Groovy Company, Inc. (GROO) — SEC Filings
Groovy Company, Inc. (GROO) — 11 SEC filings. Latest: 10-Q (Nov 24, 2025). Includes 7 8-K, 2 10-Q, 1 10-K/A.
View Groovy Company, Inc. on SEC EDGAR
Overview
Groovy Company, Inc. (GROO) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 24, 2025: Groovy Company, Inc. (GROO) reported a significant turnaround for the six months ended June 30, 2025, achieving a net income of $7,504,220, a stark contrast to the net loss of $1,472,248 in the prior-year period. This dramatic improvement was primarily driven by a substantial gain of $7,772,404 on a
Sentiment Summary
Across 11 filings, the sentiment breakdown is: 2 bearish, 9 neutral. The dominant filing sentiment for Groovy Company, Inc. is neutral.
Filing Type Overview
Groovy Company, Inc. (GROO) has filed 2 10-Q, 7 8-K, 1 10-K/A, 1 10-K with the SEC between Apr 2024 to Nov 2025.
Filings by Year
Recent SEC Filings (11)
| Date | Form | Description | Risk |
|---|---|---|---|
| Nov 24, 2025 | 10-Q | Groovy Co. Swings to Profit on PNXP Deal, Cash Dwindles | high |
| Nov 14, 2025 | 10-Q | Groovy Co. Swings to Profit on PNXP Deal, Shifts to Blockchain Focus | high |
| Nov 12, 2025 | 8-K | 8-K Filing | |
| Oct 2, 2025 | 8-K | Groovy Company Inc. Reports Board Changes and Compensation Updates | medium |
| Apr 17, 2025 | 10-K/A | Santo Mining Corp. Amends 2024 10-K Filing | low |
| Apr 15, 2025 | 10-K | Santo Mining Corp. Files 2024 Annual Report | low |
| Mar 11, 2025 | 8-K | Santo Mining Corp. Completes Acquisition | medium |
| Jan 8, 2025 | 8-K | Santo Mining Corp. Files 8-K | low |
| Sep 12, 2024 | 8-K | Santo Mining Corp. Files 8-K for Year-End Financials | low |
| Aug 20, 2024 | 8-K | Santo Mining Corp. Files 8-K for Financials | low |
| Apr 15, 2024 | 8-K | Santo Mining Corp. Files 8-K with Financials | low |
Risk Profile
Risk Assessment: Of GROO's 10 recent filings, 2 were flagged as high-risk, 2 as medium-risk, and 6 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $11,676 |
| Net Income | $7,504,220 |
| EPS | N/A |
| Debt-to-Equity | N/A |
| Cash Position | $1,679 |
| Operating Margin | -2300% |
| Total Assets | $37,806 |
| Total Debt | $436,799 |
Key Executives
- Jeff Turner
Industry Context
The cannabis industry is characterized by rapid growth, evolving regulatory landscapes across different jurisdictions, and intense competition. Companies often face challenges related to financing, compliance, and market access. Recent trends include consolidation, increased institutional investment, and a growing focus on product innovation and branding.
Top Tags
Going Concern (2) · Asset Exchange (2) · Cannabis Industry (2) · 10-K (2) · software (2) · financial-statements (2) · financials (2) · exhibits (2) · Blockchain Technology (1) · Penny Stock (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net income | $7,504,220 | for the six months ended June 30, 2025, primarily due to a gain on SPA with PNXP |
| Net loss | $1,472,248 | for the six months ended June 30, 2024 |
| Gain on SPA with PNXP | $7,772,404 | contributed significantly to net income for the six months ended June 30, 2025 |
| Sales revenue | $11,676 | for the six months ended June 30, 2025, up from $1,250 in the prior year |
| Cash and cash equivalents | $1,679 | as of June 30, 2025, a decrease from $2,184 at December 31, 2024 |
| Total Assets | $37,806 | as of June 30, 2025, a significant drop from $247,038 at December 31, 2024 |
| Net loss from operations | $268,184 | for the six months ended June 30, 2025, indicating ongoing operational challenges |
| Controlling interest | 87% | acquired in Pineapple Express Cannabis Company through asset exchange |
| Shares of common stock outstanding | 7,384,006 | as of November 20, 2025 |
| Net Income | $7.64M | Reported for Q1 2025, a significant swing from a loss, primarily due to a one-time gain. |
| Gain from SPA with PNXP | $7.77M | The primary driver of the reported net income for Q1 2025. |
| Revenue | $8.49K | Generated for Q1 2025, up from $0 in Q1 2024, but still very low. |
| Cash and Cash Equivalents | $1.14K | As of March 31, 2025, indicating severe liquidity issues. |
| Total Liabilities | $308.04K | As of March 31, 2025, significantly reduced from $8,418,961 at Dec 31, 2024, due to debt extinguishment. |
| Total Stockholders' Deficit | $(261.41K) | As of March 31, 2025, indicating negative equity despite the net income. |
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Frequently Asked Questions
What are the latest SEC filings for Groovy Company, Inc. (GROO)?
Groovy Company, Inc. has 11 recent SEC filings from Apr 2024 to Nov 2025, including 7 8-K, 2 10-Q, 1 10-K/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of GROO filings?
Across 11 filings, the sentiment breakdown is: 2 bearish, 9 neutral. The dominant sentiment is neutral.
Where can I find Groovy Company, Inc. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Groovy Company, Inc. (GROO) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Groovy Company, Inc.?
Key financial highlights from Groovy Company, Inc.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for GROO?
The investment thesis for GROO includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Groovy Company, Inc.?
Key executives identified across Groovy Company, Inc.'s filings include Jeff Turner.
What are the main risk factors for Groovy Company, Inc. stock?
Of GROO's 10 assessed filings, 2 were flagged high-risk, 2 medium-risk, and 6 low-risk.
What are recent predictions and forward guidance from Groovy Company, Inc.?
Forward guidance and predictions for Groovy Company, Inc. are extracted from SEC filings as they are enriched.