10-K Filing

PISMO COAST VILLAGE INC CIK: 216877 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001513162-22-000144`
Period End Date	20220930
Filing Date	20221215
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	pcv-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 32 Cash Flow Statement 56 Stockholders Equity 12

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Common stock no par value (in Dollars per share) (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock no par value (in Dollars per share) (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`	$1.02M	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 and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.23M	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	-	USD	Point-in-time
Cash Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	$9.57M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$49.12K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$36.76K	USD	Point-in-time
Inventories	`InventoryNet`	$216.84K	USD	Point-in-time
Inventories	`InventoryNet`	$200.11K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$323.90K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$16.66K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$342.21K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.48M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.26M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.03M	USD	Point-in-time
Total assets	`Assets`	$24.74M	USD	Point-in-time
Total assets	`Assets`	$26.55M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$319.58K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$265.44K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$417.54K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$432.19K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.27M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.24M	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`	$60.76K	USD	Point-in-time
Current portion of capital lease obligations	`FinanceLeaseLiabilityCurrent`	$52.26K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.02M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$443.30K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$424.90K	USD	Point-in-time
Capital lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$104.38K	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`	$3.55M	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`	$17.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.04M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$26.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.74M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$10.34M	USD	Annual
Income	`Revenues`	$9.81M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$6.74M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.82M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$639.43K	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$625.36K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$443.83K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$479.31K	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.89M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$7.86M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$2.48M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$2.93M	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$981.00	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$14.82K	USD	Annual
Interest expense	`InterestExpense`	$13.54K	USD	Annual
Interest expense	`InterestExpense`	$11.85K	USD	Annual
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	$245.28K	USD	Annual
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	-	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`	$248.25K	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.47M	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.73M	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$724.70K	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.06M	USD	Annual
Net income	`NetIncomeLoss`	$2.00M	USD	Annual
Net income	`NetIncomeLoss`	$2.41M	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$1.36K	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$1.13K	USD	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	1,359.63	shares	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	1,129.28	shares	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$2.00M	USD	Annual
Net Income	`NetIncomeLoss`	$2.41M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$443.83K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$479.31K	USD	Annual
PPP loan forgiveness income	`PPPLoanForgivenessIncome`	$555.72K	USD	Annual
PPP loan forgiveness income	`PPPLoanForgivenessIncome`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.15K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.35K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$16.73K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$9.90K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$323.90K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-271.20K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$325.55K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-5.43K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-54.13K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.79K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$14.64K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$138.67K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$186.71K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$23.78K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$60.00K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-60.00K	USD	Annual
Long term deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$18.40K	USD	Annual
Long term deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-20.20K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-293.34K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$588.07K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.71M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$247.87K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$169.18K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-247.87K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.18K	USD	Annual
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	$42.00K	USD	Annual
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$60.76K	USD	Annual
Principal payments on capital lease obligations	`FinanceLeasePrincipalPayments`	$57.88K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.76K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.88K	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.36M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.77M	USD	Annual
Cash and cash equivalents beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.45M	USD	Point-in-time
Cash and cash equivalents beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and cash equivalents beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and cash equivalents end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.45M	USD	Point-in-time
Cash and cash equivalents end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and cash equivalents end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$9.23M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	-	USD	Annual
Cash reserved for capital improvements	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$9.57M	USD	Annual
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$10.59M	USD	Point-in-time
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$9.23M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$705.77K	USD	Annual
Cash paid for income tax	`IncomeTaxesPaid`	$1.13M	USD	Annual
Cash paid for interest	`InterestPaid`	$11.85K	USD	Annual
Cash paid for interest	`InterestPaid`	$13.54K	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Net Income	`ProfitLoss`	$2.00M	USD	Annual
Net Income	`ProfitLoss`	$878.86K	USD	Annual
Net Income	`ProfitLoss`	$2.41M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$42.00K	USD	Annual
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.00M	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.