10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001513162-23-000018`
Period End Date	20221231
Filing Date	20230213
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	pcv-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 26 Cash Flow Statement 54 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
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`	1,774.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,774.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.10M	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`	$8.57M	USD	Point-in-time
Cash reserved for capital improvements and deferred maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	$6.52M	USD	Point-in-time
Cash reserved for capital improvements and deferred maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	$9.57M	USD	Point-in-time
Investments	`Investments`	-	USD	Point-in-time
Investments	`Investments`	-	USD	Point-in-time
Investments	`Investments`	$1.00M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$31.89K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$36.25K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$49.12K	USD	Point-in-time
Inventories	`InventoryNet`	$216.84K	USD	Point-in-time
Inventories	`InventoryNet`	$191.80K	USD	Point-in-time
Inventories	`InventoryNet`	$212.03K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$325.20K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$323.90K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$371.16K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$167.01K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$342.21K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.52M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$14.95M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.03M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.18M	USD	Point-in-time
Total assets	`Assets`	$25.11M	USD	Point-in-time
Total assets	`Assets`	$26.55M	USD	Point-in-time
Total assets	`Assets`	$26.56M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$328.06K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$265.44K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$357.80K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$147.34K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$432.19K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$116.69K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.37M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.27M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.43M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$170.10K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$62.82K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$52.26K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$60.81K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$424.90K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$432.20K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$424.20K	USD	Point-in-time
Finance lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$107.59K	USD	Point-in-time
Finance lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$104.38K	USD	Point-in-time
Finance lease obligations, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$141.66K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.62M	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`	$17.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.92M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$23.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$22.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$23.04M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$21.49M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$25.11M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$26.56M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$26.55M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$2.23M	USD	1 Quarter
Income	`Revenues`	$2.16M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.43M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$1.87M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$142.64K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$144.96K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$116.58K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$119.98K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.13M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.69M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$35.70K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$537.63K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$181.00	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$11.46K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.54K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.47K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$8.99K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.36K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$546.62K	USD	1 Quarter
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.33K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$99.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$-2.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.33K	USD	1 Quarter
Net income	`NetIncomeLoss`	$447.62K	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$252.18	USD	1 Quarter
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$19.35	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$34.33K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$447.62K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$116.58K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$119.98K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.87K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.86K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.81K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-8.31K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$1.30K	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$28.95K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$150.35K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$92.36K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.48K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-300.86K	USD	1 Quarter
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-284.85K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$125.54K	USD	1 Quarter
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$158.71K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$110.10K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$700.00	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$11.10K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$69.53K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-85.01K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$362.61K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$103.86K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.01K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.62K	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$1.00M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.01K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.01M	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$14.93K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$14.98K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.98K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.93K	USD	1 Quarter
Net decrease/increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$305.67K	USD	1 Quarter
Net decrease/increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-922.74K	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.66M	USD	Point-in-time
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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.66M	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 equivalents	`CashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$1.10M	USD	Point-in-time
Cash reserved for capital improvements and deferred maintenance	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$6.52M	USD	1 Quarter
Cash reserved for capital improvements and deferred maintenance	`CashReservedForCapitalImprovementsPeriodIncreaseDecrease`	$8.57M	USD	1 Quarter
Cash and Cash Equivalents Per Statement of Cash Flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$9.53M	USD	Point-in-time
Cash and Cash Equivalents Per Statement of Cash Flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$9.66M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$3.54K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$2.47K	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$23.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time
Net Income	`ProfitLoss`	$304.66K	USD	1 Quarter
Net Income	`ProfitLoss`	$866.19K	USD	1 Quarter
Net Income	`ProfitLoss`	$384.87K	USD	1 Quarter
Net Income	`ProfitLoss`	$34.33K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$42.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$23.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.49M	USD	Point-in-time

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