10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001513162-22-000017`
Period End Date	20211231
Filing Date	20220211
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	pcv-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 26 Cash Flow Statement 54 Stockholders Equity 13

Balance Sheet 80 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`	$6.74M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.23M	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReserveDepositRequiredAndMade`	$6.52M	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReserveDepositRequiredAndMade`	-	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReserveDepositRequiredAndMade`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$22.63K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$31.89K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$36.76K	USD	Point-in-time
Inventories	`InventoryNet`	$191.80K	USD	Point-in-time
Inventories	`InventoryNet`	$200.11K	USD	Point-in-time
Inventories	`InventoryNet`	$203.99K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	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`	$16.66K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$167.01K	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`	$9.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.92M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.26M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.18M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.46M	USD	Point-in-time
Total assets	`Assets`	$25.11M	USD	Point-in-time
Total assets	`Assets`	$22.67M	USD	Point-in-time
Total assets	`Assets`	$24.74M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.58K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.44K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$328.06K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$112.10K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$417.54K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$116.69K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.09M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.37M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$170.10K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$60.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$58.40K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.81K	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`	$3.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.58M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$443.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$403.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$432.20K	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`	-	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$202.69K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$156.64K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$141.66K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.70M	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`	$15.92M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.49M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.04M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$19.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$20.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$18.93M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.74M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$25.11M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$22.67M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$2.23M	USD	1 Quarter
Income	`Revenues`	$2.07M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.37M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.43M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$146.69K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$144.96K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$99.88K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$119.98K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.62M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.69M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$537.63K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$455.94K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$499.00	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$11.46K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.47K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.09K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$8.99K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.59K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$546.62K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$452.35K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$99.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$146.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$447.62K	USD	1 Quarter
Net income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$252.18	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$172.59	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$447.62K	USD	1 Quarter
Net income	`NetIncomeLoss`	$306.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.88K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$119.98K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.98K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.87K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.78K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-8.31K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-165.80K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$120.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$150.35K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.48K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.65K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-166.77K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-300.86K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$28.68K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$125.54K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$110.10K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$19.80K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$11.10K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-85.01K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$15.64K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$362.61K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$321.99K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.01K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.30K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.30K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.01K	USD	1 Quarter
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$960.00	USD	1 Quarter
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$14.93K	USD	1 Quarter
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$14.19K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.23K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.93K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$305.67K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$287.46K	USD	1 Quarter
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.53M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.45M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.74M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.53M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.45M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.74M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$6.52M	USD	1 Quarter
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	-	USD	1 Quarter
Cash and Cash Equivalents Per Statement of Cash Flows	`CashAndCashEquivalentsPerStatementOfCashFlows`	$9.53M	USD	Point-in-time
Cash and Cash Equivalents Per Statement of Cash Flows	`CashAndCashEquivalentsPerStatementOfCashFlows`	$6.74M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$4.09K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$2.47K	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time
Net Income	`ProfitLoss`	$350.47K	USD	1 Quarter
Net Income	`ProfitLoss`	$447.62K	USD	1 Quarter
Net Income	`ProfitLoss`	$1.35M	USD	1 Quarter
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.93M	USD	Point-in-time

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