10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001513162-22-000075`
Period End Date	20220331
Filing Date	20220512
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pcv-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 52 Cash Flow Statement 60 Stockholders Equity 15

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.16M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.23M	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 Reserved for Capital Improvements and Deferred Maintenance	`CashReserveDepositRequiredAndMade`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,774.00	shares	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,774.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,774.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$28.59K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$19.66K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$36.76K	USD	Point-in-time
Inventories	`InventoryNet`	$200.11K	USD	Point-in-time
Inventories	`InventoryNet`	$211.50K	USD	Point-in-time
Inventories	`InventoryNet`	$218.59K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$119.00K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$171.40K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$16.66K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$88.19K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$23.76K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.86M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.26M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.41M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.08M	USD	Point-in-time
Total assets	`Assets`	$24.74M	USD	Point-in-time
Total assets	`Assets`	$23.94M	USD	Point-in-time
Total assets	`Assets`	$25.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$280.47K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$294.04K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.58K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$122.25K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$117.37K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$417.54K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$3.09M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.24M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$3.03M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$60.00K	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`	$59.06K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$57.99K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.10M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$422.00K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$443.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$375.40K	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	-	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	-	USD	Point-in-time
PPP Loan Payable	`LongTermLoansPayable`	$557.63K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$129.37K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$187.67K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$156.64K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.70M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,774 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,774 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,774 shares outstanding	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$20.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$19.34M	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$23.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$25.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.74M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$4.57M	USD	2 Qtrs
Income	`Revenues`	$2.03M	USD	1 Quarter
Income	`Revenues`	$4.10M	USD	2 Qtrs
Income	`Revenues`	$2.34M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.53M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$2.59M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$2.95M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$1.21M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$127.77K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$145.63K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$274.46K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$290.59K	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$239.09K	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$98.69K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$119.10K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$198.57K	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.44M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$3.48M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$3.06M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.79M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$1.05M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$1.09M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$590.16K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$548.05K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$334.00	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$833.00	USD	2 Qtrs
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$11.62K	USD	2 Qtrs
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$166.00	USD	1 Quarter
Interest expense	`InterestExpense`	$8.08K	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.98K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.05K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.52K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$6.10K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-2.88K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.65K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-7.24K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$586.51K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09M	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.04M	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$545.17K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$259.30K	USD	2 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$160.30K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$330.30K	USD	2 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$184.30K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$832.49K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$402.21K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$384.87K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$708.56K	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$832.49K	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$708.56K	USD	2 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$399.19	USD	2 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$469.27	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$832.49K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$402.21K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$384.87K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$708.56K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$239.09K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$98.69K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$119.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$198.57K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.17K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.95K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$21.29K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$18.48K	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$171.40K	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-152.20K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$1.67K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$71.53K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-314.00	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-25.54K	USD	2 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-156.63K	USD	2 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-300.17K	USD	2 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$841.45K	USD	2 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$969.23K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-60.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$21.30K	USD	2 Qtrs
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$47.70K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.10M	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$420.29K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.81M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.48K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.50K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.48K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-75.50K	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.92K	USD	2 Qtrs
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	$42.00K	USD	2 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$28.54K	USD	2 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$30.03K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.62K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.03K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.13M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.70M	USD	2 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.16M	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`	$10.35M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.16M	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`	$10.35M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$8.16M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$3.84M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$6.52M	USD	2 Qtrs
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsPerStatementOfCashFlows`	$8.16M	USD	Point-in-time
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsPerStatementOfCashFlows`	$10.35M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$5.52K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$8.08K	USD	2 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Net Income	`ProfitLoss`	$1.35M	USD	1 Quarter
Net Income	`ProfitLoss`	$350.47K	USD	1 Quarter
Net Income	`ProfitLoss`	$447.62K	USD	1 Quarter
Net Income	`ProfitLoss`	$384.87K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$42.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$19.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	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.