GOLD ROCK HOLDINGS, INC.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 10, 2026
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What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-06.
0001091818-26-000055
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-10.
0001091818-26-000111
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 70 previous paragraphs and 84 current paragraphs.
55 unchanged; 12 reworded; 16 added; 3 removed; 0 previous and 1 current paragraphs rearranged.
Tables are not compared: 8 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (16)
Current report
● our future strategic plans
Current report
● our future operating results;
Current report
● our business prospects;
Current report
● our contractual arrangements and relationships with third parties;
Current report
● the dependence of our future success on the general economy;
Current report
● our possible future financing; and
Current report
● the adequacy of our cash resources and working capital.
Current report
On April 30, 2026, the Company signed a contract with a customer on its ZoneX sports AI application, a twelve (12) month development agreement to build and deliver the ZoneX platform to the University of Missouri for $375,000. This platform will be used in the University’s athletic department to analyze certain sport analytics regarding University’s teams. The Company has agreed to an exclusivity period with the University for eighteen (18) months regarding Men’s and Woman’s Basketball and Woman’s Volleyball. During this period, the Company cannot provide ZoneX or any similar AI sports intelligence product to any other SEC member institution for the above listed sports. Post launching of the ZoneX platform the University will onboard some of its other sports programs at no less than fifty percent (50%) of the then established market price.
Current report
On June 1, 2026 the Board of directors entered into a one year contract with Mr. Denkinger, Gold Rock Ho,ldings, Inc. Chief Operating Officer. The agreement is for $12,500 monthly to be paid in cash, free trading or restricted shares or a combination. Mr. Denkinger also received a one time $10,000 sign on bonus. Contract expires on May 31, 2027 and will convert to a month to month basis with a 30-day advance notice to discontinue services (See Exhibit 10.1)
Current report
The sales revenue for the Company for the six months ended June 30, 2026 was $175,000 and for the six months ended June 30, 2025 was $138,300. During the six month ending June 30, 2026, the Company through its K - Project AI division's ZONEX app had $175,000 from one (1) customer and for the same period ending June 30, 2026, the Company had $138,300 in revenue from two (2) customers from AI coding engineering services. The Company's LOOT8, Inc. wholly owned subsidiary's Web3 content management system had no revenues, and no customers during the six months ended June 30, 2026 and 2025.
Current report
Cost of sales for the six months ended June 30, 2026 was $-0- and for the six months ended June 30, 2025 was $-0- respectively.
Current report
Gross Margins for the six months ended June 30, 2026 was 100%, and for six months ended June 30, 2025 was 100%
Current report
Gross Profit for the six months ended June 30, 2026 was $175,000 and for the six months ended June 30, 2025 was $138,300.
Current report
Operating expenses for six months ended June 30, 2026, totaled $134,855 from Board of Directors/Officer Compensation, Consulting Expense and General and Administrative expenses, compared to $202,070 for the six months ended June 30, 2025. The decrease during the same six month period ended June 30, 2026 was attributed to lower Advertising Expense, Board of Directors/Officer Compensation, Consulting and General and Administrative expenses.
Current report
Net Income for the three months ended June 30, 2026 was $135,011 and the Net Income for the three months ending June 30, 2025 was $15,385. Net Income for the six months ended June 30, 2026 was $56,102, and for the six month period ending June 30, 2025, the Company had a Net Loss of $63,770.
Current report
The Company’s consolidated financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has an accumulated deficit of $1,231,192 at June 30, 2026, which, among other factors, raises substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they are due (See Note 4 in Financial Statements).
Removed paragraphs (3)
Previous report
Net Loss for the three months ended March 31, 2026 was $78,908, and the Net Loss for the three months ending March 31, 2025 was $79,155.
Previous report
For the Quarter ended March 31, 2025, net cash used in operations of $4,305 was the result of a net loss of $79,155, from an increase in Accounts Payables and Accrued Expenses of $2,850, an increase in accrued Board of Directors' and Officer Compensation of $72,000.
Previous report
The Company's operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. As indicated herein, we need capital for the implementation of our business plan, and we will need additional capital for continuing our operations. We do not have sufficient revenues to pay our operating expenses at this time. Unless the Company is able to raise working capital, it is likely that the Company will either have to cease operations or substantially change its methods of operations or change its business plan (See Note 4 in Financial Statements).
Reworded paragraphs (12)
Previous wording
In October 2025, the Company's K-Project Division successfully completed a beta version of its ZoneX sports AI application (App). The app allows for an almost instantaneously interaction on the field of play for many sports. Coaches and players alike can visible see both defensive and offensive plays, and can use the AI data to assist in making adjustments during playtime to enhance athletic performances with the goal in providing a competitive advantages during game times. The Company is actively marketing ZoneX with the hopes of widespread commercialization. Subsequently, on April 30, 2026, the Company signed a contract with a customer on its ZoneX sports AI application.
Current wording
In October 2025, the Company's K-Project Division successfully completed a beta version of its ZoneX sports AI application (App). The app allows for an almost instantaneously interaction on the field of play for many sports. Coaches and players alike can visible see both defensive and offensive plays, and can use the AI data to assist in making adjustments during playtime to enhance athletic performances with the goal in providing a competitive advantages during game times. The Company is actively marketing ZoneX with the hopes of widespread commercialization.
Previous wording
During the three months ending March 31, 2026, the Company's K-Project division worked tirelessly on its SAID (Speech Artificial Intelligence On Demand) translation application (App). The App allows for almost instantaneously translations on any device without any internet and cloud connectivity. Management believes that the App could have an enormous application for a number of industry wide uses, including but not limited to health care, first responders, travel, sports, law enforcement, governmental agencies, and other industries. The App is available on all platforms for end-users seeking immediate and effortless translations of over approximately one hundred (100+) different languages.
Current wording
During the three and six months ending June 30, 2026, the Company's K-Project division worked tirelessly on its SAID (Speech Artificial Intelligence On Demand) translation application (App). The App allows for almost instantaneously translations on any device without any internet and cloud connectivity. Management believes that the App could have an enormous application for a number of industry wide uses, including but not limited to health care, first responders, travel, sports, law enforcement, governmental agencies, and other industries. The App is available on all platforms for end-users seeking immediate and effortless translations of over approximately one hundred (100+) different languages.
Previous wording
On February 6, 2025, the Company announced that Anthony Denkinger was appointed as Chief Operations Officer (COO) of Gold Rock Holdings, Inc. Mr. Denkinger doesn't have a compensation agreement with Gold Rock Holdings, Inc. Anthony Denkinger on February 1, 2024 entered into a 2-year employment contract with the Company's wholly owned subsidiary LOOT8, Inc. whereas he is the CEO. The parent Company Gold Rock Holdings, Inc. paid him as the COO of LOOT8, Inc. $10,000 per month with $2,500 being deferred; accrued payment not expected until such time when the Company and/or wholly subsidiary has stronger financial status. Currently, Mr. Denkinger's contract with LOOT8, Inc.'s had expired February 2026, and the Company has yet to enter into another agreement. Thus, Mr. Denkinger has no compensation agreements with Gold Rock Holdings, Inc. and LOOT8, Inc. as of the date of this filing. He is still the Chief Operations Officer (COO) of Gold Rock Holdings, Inc. and the Chief Executive Officer (CEO) of LOOT8, Inc.
Current wording
On February 6, 2025, the Company announced that Anthony Denkinger was appointed as Chief Operations Officer (COO) of Gold Rock Holdings, Inc. Mr. Denkinger doesn't have a compensation agreement with Gold Rock Holdings, Inc. Anthony Denkinger on February 1, 2024 entered into a 2-year employment contract with the Company's wholly owned subsidiary LOOT8, Inc. whereas he is the CEO. The parent Company Gold Rock Holdings, Inc. paid him as the CEO of LOOT8, Inc. $10,000 per month with $2,500 being deferred; accrued payment not expected until such time when the Company and/or wholly subsidiary has stronger financial status. Currently, Mr. Denkinger's contract with LOOT8, Inc.'s had expired February 2026, and the Company enter into another agreement as of June 1, 2026, whereas Mr. Denkinger remains LOOT8, Inc.'s CEO for no pay.
Previous wording
The sales revenue for the three months ended March 31, 2026 and for the three months ended March 31, 2025 were $-0- and $67,500 respectively. During the three months ended March 31, 2026, the Company through its K - Project AI division, and the Company's LOOT8, Inc. wholly owned subsidiary's Web3 content management system had no revenues and had no customers. During the three months ended March 31, 2025, the Company through its K - Project AI division and its LOOT8, Inc. wholly owned subsidiary's Web3 content management system had $67,500 from two (2) customers.
Current wording
The sales revenue for the three months ended June 30, 2026 and for the three months ended June 30, 2025 were $175,000 and $70,800, respectively. During the three months ended June 30, 2026, the Company through its K - Project AI division had $175,000 from one (1) customer from its ZONEX app, and for the same period ending June 30, 2025, the Company had $70,800 in revenue from two (2) customers from AI coding engineering services. The Company's LOOT8, Inc. wholly owned subsidiary's Web3 content management system had no revenue during the three months ended June 30, 2026 and 2025.
Previous wording
Gross Margins for the three months ended March 31, 2026 was 0%, and during the same period in March 31, 2025, Gross Margins were 100%.
Current wording
Gross Margins for the three months ended June 30, 2026 was 100%, and during the same period in 2025, Gross Margins were 100%.
Previous wording
Gross Profit for the three months ended March 31, 2026 was $-0- and for the three months ended March 31, 2025 was $67,500.
Current wording
Gross Profit for the three months ended June 30, 2025 was $175,000 and for the three months ended June 30, 2025 was $70,800.
Previous wording
Operating expenses for three months ended March 31, 2026 totaled $78,908 from Board of Directors/Officer Compensation, Consulting fees, and General and Administrative Expenses compared to $146,655 for the three months ended March 31, 2025. This decrease in the three months ended March 31, 2026, compared to the same period ended March 31, 2025 was attributed to decrease in Advertising cost, Consulting fees, Board of Directors/Officer Compensation, and General and Administrative Expenses.
Current wording
Operating expenses for three months ended June 30, 2026 totaled $55,956 from Board of Directors/Officer Compensation, Consulting fees, and General and Administrative Expenses compared to $55,415 for the three months ended June 30, 2025. This increase in the three months ended June 30, 2026, compared to the same period ended June 30, 2025 was attributed to an increase in Board of Directors/Officer Compensation and a decrease in general and administrative expenses.
Previous wording
As of March 31, 2026, the Company’s assets totaled $75,482 which consisted of $75,481 in cash. Our total liabilities were $156,7009 which consisted of Accounts Payable and Accrued Expenses and Accrued Board of Directors/Officer Compensation fees. As of March 31, 2026, the Company had an accumulated deficit of $1,366,203 and working capital deficit of $81,218.
Current wording
As of June 30, 2026, the Company’s assets totaled $199,893 which consisted of $99,893 in Cash and $100,000 in Accounts Receivable. Our total liabilities were $146,100 which consisted of Accounts Payable and Accrued Expenses and Accrued Board of Directors/Officer Compensation fees. As of June 30, 2026 the Company had an accumulated deficit of $1,231,192 and working capital of $53,793.
Previous wording
For the three months ended March 31, 2026, net cash used in operations of $76,639 was the result of a net loss of $78,908, from decrease in Accounts Payables and Accrued Expenses of $13,481, and from an increase in accrued Board of Directors'/Officer Compensation of $15,750.
Current wording
For the six months ended June 30, 2026, net cash used in operations of $55,228 was the result of a Net Income of $56,102, from increases in Account Receivable of $100,000, Accounts Payables and Accrued Expenses decrease of $14,330, and from an increase accrued Board of Directors'/Officer Compensation of $6,000.
Previous wording
Net cash used in operating activities for the three months ended March 31, 2026 was $76,639, and net cash used in the three month ended March 31, 2025 was $4,305. The increase in the amount of cash used in operating activities for the three months ended March 31, 2026, was due to the decrease in Net Loss, decrease in Accounts Payable, and the increases in Accrued Board of Directors/Officer Compensation when compared to the three months ended March 31, 2025.
Current wording
Net cash used in activities for the six months ended June 30, 2026 was $52,228, and Net cash provided by operating activities for the six months ended June 30, 2025 was $430. The increase in the amount of cash used i noperating activities for the six months ended June 30, 2026, was due to the increase in Net Income, increase in Accounts Receivable, and the increases in Accrued Board of Directors/Officer Compensation when compared to cash provided by during the six months ended June 30, 2025.
Previous wording
Net cash used in investing activities was $-0- for both the three months periods ended March 31, 2026 and 2025.
Current wording
Net cash used in investing activities was $-0- for both the six months periods ended June 30, 2026 and 2025.
Previous wording
Net cash provided by financing activities was $-0- for three months ended March 31, 2026 , and for three months ended March 31, 2025, it was $-0-, respectively.
Current wording
Net cash provided by financing activities was $-0- for six months ended June 30, 2026, and for six months ended June 30, 2025.
Rearranged current paragraphs (1)
Current report — wording carried from elsewhere
Six Months – June 30, 2026 and 2025 Statements