10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001513162-22-000108`
Period End Date	20220630
Filing Date	20220810
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	pcv-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 60 Cash Flow Statement 62 Stockholders Equity 15

Balance Sheet 77 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`	$1.37M	USD	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
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`	$9.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,774.00	shares	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	-	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
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	$9.57M	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$30.55K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$31.91K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$36.76K	USD	Point-in-time
Inventories	`InventoryNet`	$197.11K	USD	Point-in-time
Inventories	`InventoryNet`	$226.65K	USD	Point-in-time
Inventories	`InventoryNet`	$200.11K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$232.50K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$16.66K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$8.35K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$71.08K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.48M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.29M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.26M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$14.97M	USD	Point-in-time
Total assets	`Assets`	$24.49M	USD	Point-in-time
Total assets	`Assets`	$24.74M	USD	Point-in-time
Total assets	`Assets`	$26.48M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$276.96K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$251.90K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.58K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$417.54K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$124.90K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$125.93K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.79M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.78M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.60K	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`	$55.14K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.76K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$60.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.25M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$406.40K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$443.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$411.40K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$172.09K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$116.95K	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`	$3.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.80M	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`	$15.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.49M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$22.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.04M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$20.69M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.49M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.74M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$26.48M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$2.80M	USD	1 Quarter
Income	`Revenues`	$6.90M	USD	3 Qtrs
Income	`Revenues`	$2.76M	USD	1 Quarter
Income	`Revenues`	$7.33M	USD	3 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$3.98M	USD	3 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$1.61M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$4.56M	USD	3 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$1.39M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$454.35K	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$163.76K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$170.65K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$445.11K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$321.08K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$118.26K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$122.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$357.35K	USD	3 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.89M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$5.38M	USD	3 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.69M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$4.75M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$1.11M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$2.15M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$1.95M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$864.44K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$3.02K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$911.00	USD	3 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$78.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$14.65K	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.83K	USD	1 Quarter
Interest expense	`InterestExpense`	$8.77K	USD	3 Qtrs
Interest expense	`InterestExpense`	$10.91K	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.25K	USD	1 Quarter
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	-	USD	1 Quarter
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	$245.28K	USD	3 Qtrs
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	$245.28K	USD	1 Quarter
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	-	USD	3 Qtrs
PPP loan forgiveness income	`LoanForgivenessIncome`	$557.63K	USD	3 Qtrs
PPP loan forgiveness income	`LoanForgivenessIncome`	-	USD	3 Qtrs
PPP loan forgiveness income	`LoanForgivenessIncome`	$557.63K	USD	1 Quarter
PPP loan forgiveness income	`LoanForgivenessIncome`	-	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$245.05K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$554.88K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$547.64K	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$251.15K	USD	3 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.20M	USD	3 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.70M	USD	3 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.66M	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.11M	USD	1 Quarter
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$638.90K	USD	3 Qtrs
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$502.60K	USD	3 Qtrs
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$308.60K	USD	1 Quarter
Income Tax (Expense)	`IncomeTaxExpenseBenefit`	$243.30K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.06M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$866.19K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.35M	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$762.99	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$1.16K	USD	3 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$957.00	USD	3 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasic`	$488.00	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.06M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$866.19K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$321.08K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$118.26K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$122.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$357.35K	USD	3 Qtrs
PPP loan forgiveness income	`PPPLoanForgivenessIncome`	-	USD	3 Qtrs
PPP loan forgiveness income	`PPPLoanForgivenessIncome`	$555.72K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.85K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.94K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$6.90K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$26.55K	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$232.50K	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-271.20K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-13.73K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$54.42K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-42.62K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-28.89K	USD	3 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-153.98K	USD	3 Qtrs
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-291.61K	USD	3 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$548.48K	USD	3 Qtrs
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$722.24K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.60K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-60.00K	USD	3 Qtrs
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$16.70K	USD	3 Qtrs
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$31.90K	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$171.09K	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$564.75K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.63M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.91K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.40K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.91K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.40K	USD	3 Qtrs
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	$42.00K	USD	3 Qtrs
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$45.31K	USD	3 Qtrs
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$43.11K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.11K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-87.31K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.71M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.51M	USD	3 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.94M	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`	$8.96M	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`	$10.94M	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`	$8.96M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$1.37M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$8.96M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$9.57M	USD	3 Qtrs
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$10.94M	USD	Point-in-time
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$8.96M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$827.00K	USD	3 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$380.77K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$10.91K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$8.77K	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$20.69M	USD	Point-in-time
Net Income	`ProfitLoss`	$350.47K	USD	1 Quarter
Net Income	`ProfitLoss`	$384.87K	USD	1 Quarter
Net Income	`ProfitLoss`	$866.19K	USD	1 Quarter
Net Income	`ProfitLoss`	$447.62K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$42.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	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.