10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001513162-21-000023`
Period End Date	20201231
Filing Date	20210212
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	pcv-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 28 Cash Flow Statement 48 Stockholders Equity 14

Balance Sheet 78 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 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
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$22.63K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$25.61K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$33.76K	USD	Point-in-time
Inventories	`InventoryNet`	$203.99K	USD	Point-in-time
Inventories	`InventoryNet`	$203.59K	USD	Point-in-time
Inventories	`InventoryNet`	$190.21K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$271.20K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$105.40K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$131.07K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$22.09K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$142.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.96M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.54M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.40M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.46M	USD	Point-in-time
Total assets	`Assets`	$22.50M	USD	Point-in-time
Total assets	`Assets`	$20.76M	USD	Point-in-time
Total assets	`Assets`	$22.67M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.44K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$354.25K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$280.78K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$278.87K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$112.10K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$113.66K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.06M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.72M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.09M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$33.60K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$58.40K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$54.75K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$44.44K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.58M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$423.10K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$403.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$437.70K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	$556.67K	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`	$186.96K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$202.69K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$220.53K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.74M	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
Common stock no par value, 1,800 shares issued 1,775 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.36M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$17.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$18.63M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$17.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$18.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$17.87M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$22.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$20.76M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$22.67M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$1.82M	USD	1 Quarter
Income	`Revenues`	$2.07M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.41M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.37M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$146.69K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$123.01K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$103.10K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$99.88K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.64M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.62M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$455.94K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$178.69K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$506.00	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$499.00	USD	1 Quarter
Interest expense	`InterestExpense`	$4.09K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.14K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.59K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-5.63K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.05K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$452.35K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$146.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$51.40K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$172.59	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$68.54	USD	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$103.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.88K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.65K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.98K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$12.35K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.78K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-165.80K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-4.90K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$120.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$104.96K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$77.87K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.65K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-246.25K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-166.77K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$28.68K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$123.45K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$33.60K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$7.10K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$19.80K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$15.64K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-11.09K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.57K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$321.99K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.30K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$189.47K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.47K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.30K	USD	1 Quarter
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$960.00	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$14.19K	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$10.81K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.23K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.81K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$287.46K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-89.72K	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.99M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.99M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.08M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$4.09K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$6.14K	USD	1 Quarter

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$17.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.87M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$121.65K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Balance	`StockholdersEquity`	$17.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.87M	USD	Point-in-time

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