GOLD ROCK HOLDINGS, INC. (GRHI)
Gold Rock Holdings, Inc. offers specialized engineering and construction management expertise. Their comprehensive services include creating site designs, producing detailed construction plans, calculating project costs, and devising fiber network layouts, alongside other essential construction support functions. These offerings primarily assist companies involved in subterranean construction as they install high-speed fiber optics and various underground cables across different regions of the United States. Established in 1993, this Virginia Beach, Virginia-based firm was originally known as Composite Holdings, Inc. before it adopted its current name in September 2004.
Sector: Services-Computer Integrated Systems Design
Industry: Software - Infrastructure
Gold Rock Holdings, Inc.
OTC:GRHIIndustrials · Engineering & Construction
+0.00%$0.0155
Mkt Cap$3.69M
Float68.43M
O/S238.22M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$212K
Net Income-$181K
Total Assets$152K
Free Cash Flow-$57K
Debt & Equity
Total Debt$0
Total Equity-$2K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GRHI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$152K
Liabilities$154K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2001-06-30 | 2000-06-30 | 1999-06-30 |
| Revenue | $212K | $139K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 52.7% | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.09M | $0 | $0 |
| Gross Profit | $212K | $139K | $0 | $0 | $0 | $0 | $0 | -$1.09M | $0 | $0 |
| Gross Margin | 100.0% | 100.0% | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $71K | $379K | $232K | $434K | $92K | $44K | $33K | $1.71M | $2.35M | $196K |
| Other | $321K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $392K | $379K | $232K | $434K | $92K | $44K | $33K | $1.71M | $2.35M | $196K |
| Operating Income (EBIT) | $141K | -$241K | -$232K | -$434K | -$92K | -$44K | -$33K | -$2.8M | -$3.45M | -$211K |
| Operating Margin | 66.6% | -173.8% | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31K | $34K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $4K | $5K |
| Other Income (Expense) | -$321K | $0 | $0 | $0 | $0 | $0 | $0 | -$411K | -$1.77M | $2K |
| Income Before Tax (EBT) | -$181K | -$241K | -$232K | -$434K | -$92K | -$44K | -$33K | -$3.21M | -$5.22M | -$209K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$474K | -$2.11M | $3 |
| Net Income | -$181K | -$241K | -$232K | -$434K | -$92K | -$44K | -$33K | -$2.74M | -$3.11M | -$209K |
| Net Income Margin | -85.4% | -173.8% | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||
| EPS | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -2.55 | -3.30 | -0.01 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -2.55 | -3.30 | -0.01 |
| Weighted Average OS | 238.16M | 237.29M | 197.23M | 87.46M | 78.18M | 47.23M | 47.23M | 1.07M | 941,270 | 25.83M |
| EBITDA | -$181K | $0 | $0 | $0 | $0 | $44K | $33K | -$2.09M | -$2.35M | -$194K |
| EBITDA Margin | -85.4% | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2001-06-30 | 2000-06-30 | 1999-06-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $152K | $210K | $108 | $1K | $2K | $2K | $2K | $667K | $19K | $192K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $152K | $210K | $108 | $1K | $2K | $2K | $2K | $667K | $19K | $192K |
| Accounts Receivable | $0 | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $67K | $279K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $152K | $254K | $108 | $1K | $2K | $2K | $2K | $667K | $86K | $471K |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $231K | $545K | $108K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $388K | $408K |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $192K | $8.48M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.98M | $355K |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.94M | $124K | $487K |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.17M | $17.23M | $9.84M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $152K | $254K | $108 | $1K | $2K | $2K | $2K | $15.84M | $17.32M | $10.31M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $1K | $10K | $0 | $9K | $0 | $2K | $4K | $55K | $43K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $455K | $311K | $2.26M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $154K | $0 | $0 | $403 | $1K | $104K | $60K | $42K | $195K | $229K |
| Total Current Liabilities | $154K | $78K | $10K | $403 | $10K | $104K | $62K | $501K | $561K | $2.53M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $936K | $294K | $3.61M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.57M | $3.05M | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.51M | $3.34M | $3.61M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $154K | $78K | $10K | $403K | $10K | $104K | $62K | $4.01M | $3.9M | $6.14M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $42 | $0 | $1.51M | $1.51M | $2.85M |
| Common Stock | $238K | $238K | $231K | $87K | $87K | $47K | $47K | $23K | $20K | $18K |
| Retained Earnings | -$1.29M | -$1.11M | -$866K | -$634K | -$200K | -$108K | -$63K | -$7.05M | -$4.31M | -$226K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | -$42 | -$44K | -$23K | -$20K | -$18K |
| Other Stockholders' Equity | $1.05M | $1.04M | $625K | $144K | $104K | -$42K | -$44K | $18.86M | $17.71M | $4.38M |
| Total Equity | -$2K | $175K | -$10K | -$402K | -$9K | -$102K | -$61K | $11.83M | $13.41M | $4.17M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $152K | $254K | $108 | $1K | $2K | $2K | $2K | $15.84M | $17.32M | $10.31M |
| Supplementary Data | ||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.39M | $605K | $5.87M |
| Net Debt | -$152K | -$210K | -$108 | -$1K | -$2K | -$2K | -$2K | $723K | $586K | $5.68M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2001-06-30 | 2000-06-30 | 1999-06-30 |
| Operating Activities | ||||||||||
| Net Income | -$181K | -$241K | -$232K | -$434K | -$92K | -$44K | -$33K | -$2.74M | -$3.11M | -$209K |
| Depreciation & Amortization | $0 | $241K | $232K | $434K | $92K | $44K | $33K | $1.09M | $1.1M | $15K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$474K | -$1.77M | $0 |
| Stock-Based Compensation | $61K | $0 | $0 | $1K | $36K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $44K | -$44K | $0 | $0 | $0 | $0 | $0 | $0 | -$13K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $15K | -$9K | $0 | $0 | $0 | $0 | $0 | -$51K | $12K | $0 |
| Other Working Capital | $76K | $77K | $9K | $393K | $10K | $42K | $30K | -$219K | $308K | $28K |
| Total Working Capital Change | $120K | $25K | $9K | $393K | $10K | $42K | $30K | -$271K | $308K | $28K |
| Other Non-Cash Items | -$58K | -$241K | -$31K | -$434K | -$92K | -$44K | -$31K | $3.77M | $5.46M | $70K |
| Net Cash from Operating | -$57K | -$216K | -$23K | -$40K | -$46K | -$3K | -$1K | -$862K | -$204K | -$127K |
| Investing Activities | ||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$62K | -$723 | -$58K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$45K | -$723 | -$58K |
| Financing Activities | ||||||||||
| Debt Repaid | - | - | - | - | - | - | - | -$325K | - | - |
| Common Stock Issuance | $3K | $425K | $0 | $0 | $0 | $0 | $0 | $1.11M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $700 | $21K | $40K | $46K | $3K | $1K | $0 | $31K | $377K |
| Net Cash from Financing | $0 | $426K | $21K | $40K | $46K | $3K | $1K | $1.56M | $31K | $377K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$57K | $210K | -$1K | -$416 | -$665K | $0 | $0 | $649K | -$174K | $192K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$57K | -$216K | -$23K | -$40K | -$46K | -$3K | -$1K | -$862K | -$204K | -$127K |
| Capital Expenditure | $0 | $4 | $0 | $0 | $0 | $0 | $0 | -$62K | -$723 | -$58K |
| Free Cash Flow | -$57K | -$216K | -$23K | -$40K | -$46K | -$3K | -$1K | -$924K | -$205K | -$185K |
| Cash at Beginning | $210K | $108 | $1K | $2K | $2K | $2K | $0 | $19K | $192K | $0 |
| Cash at End | $152K | $210K | $108 | $1K | $2K | $2K | $0 | $667K | $19K | $192K |