10-K Filing

PISMO COAST VILLAGE INC CIK: 216877 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001513162-21-000163`
Period End Date	20210930
Filing Date	20211216
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	pcv-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 31 Cash Flow Statement 53 Stockholders Equity 14

Balance Sheet 53 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.23M	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
Accounts receivable	`AccountsReceivableNetCurrent`	$36.76K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$25.61K	USD	Point-in-time
Inventories	`InventoryNet`	$190.21K	USD	Point-in-time
Inventories	`InventoryNet`	$200.11K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$271.20K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$16.66K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$22.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.48M	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`	$15.26M	USD	Point-in-time
Total Assets	`Assets`	$24.74M	USD	Point-in-time
Total Assets	`Assets`	$22.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.58K	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`	$417.54K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.24M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.06M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$60.00K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$54.75K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$443.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$423.10K	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`	$220.53K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$156.64K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.70M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.87M	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`	$13.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$18.63M	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`	$21.04M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$24.74M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$22.50M	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$9.81M	USD	Annual
Income	`Revenues`	$7.43M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.82M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.23M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$625.36K	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$491.60K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$414.81K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$443.83K	USD	Annual
Total cost and expenses	`CostsAndExpenses`	$6.89M	USD	Annual
Total cost and expenses	`CostsAndExpenses`	$6.14M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$2.93M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$1.29M	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$981.00	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.00K	USD	Annual
Interest expense	`InterestExpense`	$17.41K	USD	Annual
Interest expense	`InterestExpense`	$13.54K	USD	Annual
PPP loan forgiveness income	`LoanForgivenessIncome`	-	USD	Annual
PPP loan forgiveness income	`LoanForgivenessIncome`	$557.63K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$545.07K	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`	$3.47M	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$395.70K	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.06M	USD	Annual
Net income	`NetIncomeLoss`	$1.48M	USD	Annual
Net income	`NetIncomeLoss`	$2.41M	USD	Annual
Net income	`NetIncomeLoss`	$878.86K	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.36K	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$495.13	USD	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	1,359.63	shares	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	495.13	shares	Annual

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$1.48M	USD	Annual
Net Income	`NetIncomeLoss`	$2.41M	USD	Annual
Net Income	`NetIncomeLoss`	$878.86K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$414.81K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$443.83K	USD	Annual
PPP loan forgiveness income	`IncomeFromLoanForgiveness`	$555.72K	USD	Annual
PPP loan forgiveness income	`IncomeFromLoanForgiveness`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.15K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.80K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$9.90K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-1.03K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$266.30K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-271.20K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-4.02K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-5.43K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.79K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.41K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-81.04K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$138.67K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$186.71K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$465.44K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$60.00K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-20.20K	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$21.70K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$545.48K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$588.07K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.42M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$637.04K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$169.18K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-637.04K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.18K	USD	Annual
Proceeds from Loans	`ProceedsFromIssuanceOfLongTermDebt`	$555.72K	USD	Annual
Proceeds from Loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Acquisition of capital lease assets	`ProceedsFormCapitalLeaseAssets`	-	USD	Annual
Acquisition of capital lease assets	`ProceedsFormCapitalLeaseAssets`	$81.67K	USD	Annual
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$48.60K	USD	Annual
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$57.88K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.88K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$588.79K	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.38M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.77M	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`	$9.23M	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`	$9.23M	USD	Point-in-time
Cash paid for income tax	`InterestPaid`	$705.77K	USD	Annual
Cash paid for income tax	`InterestPaid`	$663.63K	USD	Annual
Cash paid for interest	`IncomeTaxesPaid`	$13.54K	USD	Annual
Cash paid for interest	`IncomeTaxesPaid`	$17.41K	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$1.48M	USD	Annual
Net Income	`NetIncomeLoss`	$2.41M	USD	Annual
Net Income	`NetIncomeLoss`	$878.86K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-78.00K	USD	Annual
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time

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