Gold Rock Holdings, Inc., a company specializing in AI services and Web3 content management systems, has released its Form 10-Q report for the third quarter of 2025. The report highlights significant financial and operational developments, showcasing the company's progress and future plans.
Financial Highlights
Sales: Gold Rock Holdings, Inc. reported sales of $73,200 for the three months ended September 30, 2025, and $211,500 for the nine months ended September 30, 2025. This increase in sales is attributed to the K-Project division's AI services.
Gross Profit: The company achieved a gross profit of $73,200 for the three months ended September 30, 2025, and $211,500 for the nine months ended September 30, 2025, with a gross margin of 100% for both periods, indicating no cost of goods sold.
Net Income (Loss) for the Period: Gold Rock Holdings, Inc. reported a net loss of $(675) for the three months ended September 30, 2025, and $(64,445) for the nine months ended September 30, 2025. This shows a reduction in losses compared to the previous year.
Net Income (Loss) for the Period Per Common Shares - Basic and Diluted: The net loss per common share was $(0.00) for both the three and nine months ended September 30, 2025, consistent with the net loss figures.
Business Highlights
Revenue Segments: The K-Project division generated revenue from AI services, with one customer contributing to the sales for both the three and nine months ended September 30, 2025. Additionally, the LOOT8, Inc. subsidiary's Web3 content management system generated nominal revenue from one customer during the nine months ended September 30, 2025.
New Product Launches: LOOT8, Inc. launched a 'Singer and Song Writer Contest' on its Web3 social media platform, showcasing its technical and social media capabilities. The event was successful in terms of exposure, although the costs outweighed sponsorship revenue.
New Product Launches: The K-Project division developed the SAID (Speech Artificial Intelligence On Demand) translation application, which allows for instant translations on any device without internet connectivity. This app is targeted for use in various industries, including healthcare and law enforcement.
Future Outlook: Gold Rock Holdings, Inc. plans to expand its LOOT8 platform, focusing on blockchain innovation in digital assets and SocialFi. The company aims to enhance its K-Project division by marketing AI software solutions and creating specific AI personas for various industries.
Future Outlook: The company intends to grow through mergers, acquisitions, and management of technological assets, with a focus on expanding its AI development work and leveraging its Web3 content management system.
SEC Filing: