10-K Filing

PISMO COAST VILLAGE INC CIK: 216877 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001513162-20-000246`
Period End Date	20200930
Filing Date	20201218
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	pcv-20200930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 38 Cash Flow Statement 58 Stockholders Equity 14

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Common stock no par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock no par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$50.41K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$25.61K	USD	Point-in-time
Inventories	`InventoryNet`	$190.21K	USD	Point-in-time
Inventories	`InventoryNet`	$191.25K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$4.90K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$271.20K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$26.11K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$22.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.35M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.31M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.54M	USD	Point-in-time
Total assets	`Assets`	$22.50M	USD	Point-in-time
Total assets	`Assets`	$20.66M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$280.78K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$276.37K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$278.87K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$359.91K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.06M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.59M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$54.75K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$43.95K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.27M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$444.80K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$423.10K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	-	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	$555.72K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$220.53K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$198.25K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.92M	USD	Point-in-time
Common stock - no par value, 1,800 shares issued, 1,775 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock - no par value, 1,800 shares issued, 1,775 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.35M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$14.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$22.50M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$7.43M	USD	Annual
Income	`Revenues`	$8.51M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.53M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.23M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$531.18K	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$491.60K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$414.81K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$427.41K	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.14M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.49M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.29M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$2.02M	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.00K	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$5.08K	USD	Annual
Interest expense	`InterestExpense`	$17.53K	USD	Annual
Interest expense	`InterestExpense`	$17.41K	USD	Annual
Gain (loss) on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$1.20K	USD	Annual
Gain (loss) on sale of investments	`GainLossOnSaleOfInvestments`	$106.89K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$95.64K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-15.41K	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.27M	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.12M	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$395.70K	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$637.38K	USD	Annual
Net income	`NetIncomeLoss`	$1.48M	USD	Annual
Net income	`NetIncomeLoss`	$1.62M	USD	Annual
Net income	`NetIncomeLoss`	$878.86K	USD	Annual
Change in unrealized holding gains on available-for-sale securities, net of applicable deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Change in unrealized holding gains on available-for-sale securities, net of applicable deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$78.00K	USD	Annual
Change in unrealized holding gains on available-for-sale securities, net of applicable deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-78.00K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-78.00K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$878.86K	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.40M	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$495.13	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$832.81	USD	Annual
Total comprehensive income per share (in Dollars per share)	`ComprehensiveIncomePerShare`	$788.86	USD	Annual
Total comprehensive income per share (in Dollars per share)	`ComprehensiveIncomePerShare`	$495.13	USD	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.48M	USD	Annual
Net income	`NetIncomeLoss`	$1.62M	USD	Annual
Net income	`NetIncomeLoss`	$878.86K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$414.81K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$427.41K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.80K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-1.03K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$8.81K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$266.30K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$4.90K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$10.68K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-4.02K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.51K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.41K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$21.80K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-81.04K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$465.44K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$93.61K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.30K	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$21.70K	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$42.30K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$497.34K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$545.48K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.98M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.42M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$637.04K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.14M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-637.04K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.14M	USD	Annual
Proceeds from Loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from Loans	`ProceedsFromIssuanceOfLongTermDebt`	$555.72K	USD	Annual
Acquisition of capital lease assets	`ProceedsFromLongTermCapitalLeaseObligations`	$81.37K	USD	Annual
Acquisition of capital lease assets	`ProceedsFromLongTermCapitalLeaseObligations`	$81.67K	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$48.60K	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$48.07K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$588.79K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.30K	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$873.59K	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.38M	USD	Annual
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$663.63K	USD	Annual
Cash paid for income tax	`IncomeTaxesPaid`	$687.00K	USD	Annual
Cash paid for interest	`InterestPaid`	$17.41K	USD	Annual
Cash paid for interest	`InterestPaid`	$17.53K	USD	Annual
Property, plant and equipment obtained through capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Property, plant and equipment obtained through capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Increase in investments from dividend distribution	`TransferToInvestments`	-	USD	Annual
Increase in investments from dividend distribution	`TransferToInvestments`	-	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$1.48M	USD	Annual
Net Income	`NetIncomeLoss`	$1.62M	USD	Annual
Net Income	`NetIncomeLoss`	$878.86K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$78.00K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-78.00K	USD	Annual
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.