10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001513162-21-000100`
Period End Date	20210630
Filing Date	20210810
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	pcv-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 59 Cash Flow Statement 61 Stockholders Equity 17

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.96M	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.90M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$21.59K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$30.55K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$25.61K	USD	Point-in-time
Inventories	`InventoryNet`	$190.21K	USD	Point-in-time
Inventories	`InventoryNet`	$197.11K	USD	Point-in-time
Inventories	`InventoryNet`	$207.73K	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`	$408.43K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$8.35K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$22.09K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$1.33K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.54M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.29M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.54M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.57M	USD	Point-in-time
Total Assets	`Assets`	$24.49M	USD	Point-in-time
Total Assets	`Assets`	$22.11M	USD	Point-in-time
Total Assets	`Assets`	$22.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$267.26K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$280.78K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$251.90K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$278.87K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$124.90K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$113.36K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.78M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.51M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.06M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.60K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$54.75K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.07K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$57.09K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$438.80K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$423.10K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$406.40K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	$553.80K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	$555.72K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	-	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$232.22K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$220.53K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$172.09K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.87M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.80M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.17M	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`	$12.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$19.34M	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`	$18.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$20.69M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$22.11M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$22.50M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$24.49M	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$2.80M	USD	1 Quarter
Income	`Revenues`	$4.67M	USD	3 Qtrs
Income	`Revenues`	$1.20M	USD	1 Quarter
Income	`Revenues`	$6.90M	USD	3 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$3.77M	USD	3 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$1.39M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.07M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$3.98M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$64.24K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$170.65K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$292.27K	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$445.11K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$122.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$309.82K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$321.08K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$105.12K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$1.24M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$1.69M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$4.37M	USD	3 Qtrs
Total cost and expenses	`CostsAndExpenses`	$4.75M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$-33.99K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$1.11M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$2.15M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$294.88K	USD	3 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$78.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.50K	USD	3 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$498.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$911.00	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.83K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.16K	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.22K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.91K	USD	3 Qtrs
PPP loan forgiveness income	`LoanForgivenessIncome`	$557.63K	USD	1 Quarter
PPP loan forgiveness income	`LoanForgivenessIncome`	-	USD	1 Quarter
PPP loan forgiveness income	`LoanForgivenessIncome`	-	USD	3 Qtrs
PPP loan forgiveness income	`LoanForgivenessIncome`	$557.63K	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$547.64K	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-11.66K	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.73K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$554.88K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$283.22K	USD	3 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-35.71K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.66M	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.70M	USD	3 Qtrs
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$-3.30K	USD	1 Quarter
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$308.60K	USD	1 Quarter
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$638.90K	USD	3 Qtrs
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$91.10K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$192.12K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$402.21K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.06M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.35M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$762.99	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-18.26	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$108.23	USD	3 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.16K	USD	3 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$192.12K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$402.21K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.06M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.35M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$122.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$309.82K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$321.08K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$105.12K	USD	1 Quarter
PPP loan forgiveness income	`IncomeFromLoanForgiveness`	-	USD	3 Qtrs
PPP loan forgiveness income	`IncomeFromLoanForgiveness`	$555.72K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.83K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.94K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$6.90K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$16.49K	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-271.20K	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$403.53K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-24.77K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-13.73K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.11K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-28.89K	USD	3 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-246.55K	USD	3 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-153.98K	USD	3 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$914.88K	USD	3 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$722.24K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.60K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$16.70K	USD	3 Qtrs
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$6.00K	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$564.75K	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$596.62K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.63M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$788.74K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$562.61K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.91K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-562.61K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.91K	USD	3 Qtrs
Proceeds from loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from loans	`ProceedsFromIssuanceOfLongTermDebt`	$553.80K	USD	3 Qtrs
Acquisition of capital lease assets	`ProceedsFormCapitalLeaseAssets`	$81.67K	USD	3 Qtrs
Acquisition of capital lease assets	`ProceedsFormCapitalLeaseAssets`	-	USD	3 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$43.11K	USD	3 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$34.56K	USD	3 Qtrs
Net cash provided by financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$600.91K	USD	3 Qtrs
Net cash provided by financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.11K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.51M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$827.04K	USD	3 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$8.96M	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`	$5.90M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$8.96M	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`	$5.90M	USD	Point-in-time
Payments for interest	`InterestPaid`	$13.16K	USD	3 Qtrs
Payments for interest	`InterestPaid`	$10.91K	USD	3 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$480.63K	USD	3 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$380.77K	USD	3 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$192.12K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$402.21K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.06M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-32.41K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.35M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$686.74K	USD	1 Quarter
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time

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