10-K Filing

PISMO COAST VILLAGE INC CIK: 216877 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001513162-23-000162`
Period End Date	20230930
Filing Date	20231220
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	pcv-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 32 Cash Flow Statement 59 Stockholders Equity 13

Balance Sheet 56 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, 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`	$884.94K	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 Reserved for Capital Improvements and Deferred Maintenance	`CashReservedForCapitalImprovementsAndDeferredMaintenance`	$8.41M	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`	$1.04M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$49.12K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$55.53K	USD	Point-in-time
Inventories	`InventoryNet`	$120.90K	USD	Point-in-time
Inventories	`InventoryNet`	$216.84K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$323.90K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$395.80K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$342.21K	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$333.94K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.52M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$15.03M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$16.01M	USD	Point-in-time
Total assets	`Assets`	$27.25M	USD	Point-in-time
Total assets	`Assets`	$26.55M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$246.49K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$265.44K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$309.92K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$432.19K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.08M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.27M	USD	Point-in-time
Building security deposits	`SecurityDepositLiability`	-	USD	Point-in-time
Building security deposits	`SecurityDepositLiability`	$25.00K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$52.26K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$63.98K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.73M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$439.40K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$424.90K	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`	$59.88K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.23M	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`	$18.42M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$34.81K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$24.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$26.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$27.25M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$9.75M	USD	Annual
Income	`Revenues`	$10.34M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$7.55M	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$6.74M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$639.43K	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$544.99K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$479.31K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$460.13K	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$8.56M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$7.86M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$2.48M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.19M	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$143.44K	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$14.82K	USD	Annual
Interest expense	`InterestExpense`	$14.53K	USD	Annual
Interest expense	`InterestExpense`	$11.85K	USD	Annual
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	-	USD	Annual
Employee Retention Credit Income	`EmployeeRetentionCreditIncome`	$245.28K	USD	Annual
Gain (loss) on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Gain (loss) on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$9.50K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$248.25K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$138.41K	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.73M	USD	Annual
Income before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.33M	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$724.70K	USD	Annual
Provision for income tax	`IncomeTaxExpenseBenefit`	$342.60K	USD	Annual
Net income	`NetIncomeLoss`	$2.00M	USD	Annual
Net income	`NetIncomeLoss`	$988.46K	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$1.13K	USD	Annual
Net income per share (in Dollars per share)	`EarningsPerShareBasic`	$557.19	USD	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	1,129.28	shares	Annual
Total comprehensive income per share (in Shares)	`ComprehensiveIncomePerShare`	557.19	shares	Annual

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$2.00M	USD	Annual
Net Income	`NetIncomeLoss`	$988.46K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$479.31K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$460.13K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.35K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.41K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-95.94K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$16.73K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$71.90K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$323.90K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$-8.27K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$325.55K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-54.13K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.95K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-122.27K	USD	Annual
Accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$14.64K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$-184.62K	USD	Annual
Rental deposits	`IncreaseDecreaseInRentalDeposits`	$23.78K	USD	Annual
Building security deposits	`IncreaseDecreaseInSecurityDeposits`	-	USD	Annual
Building security deposits	`IncreaseDecreaseInSecurityDeposits`	$25.00K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-60.00K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$18.40K	USD	Annual
Long term deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-14.50K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$199.69K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-293.34K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.71M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.41M	USD	Annual
Purchase of Investments	`PaymentsToAcquireInvestments`	$247.87K	USD	Annual
Purchase of Investments	`PaymentsToAcquireInvestments`	$1.01M	USD	Annual
Net cash used investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-247.87K	USD	Annual
Net cash used investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.42M	USD	Annual
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of capital stock	`PaymentsForRepurchaseOfCommonStock`	$42.00K	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$61.53K	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$60.76K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.53K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.76K	USD	Annual
Net (decrease)increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.29M	USD	Annual
Net (decrease)increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.36M	USD	Annual
Cash and cash equivalents - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.29M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and cash equivalent - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.29M	USD	Point-in-time
Cash and cash equivalent - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.23M	USD	Point-in-time
Cash and cash equivalent - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.59M	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$884.94K	USD	Point-in-time
Cash and equivalents	`CashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovements`	$9.57M	USD	Point-in-time
Cash reserved for capital improvements	`CashReservedForCapitalImprovements`	$8.41M	USD	Point-in-time
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$9.29M	USD	Point-in-time
Cash and cash equivalents per statement of cash flows	`CashAndCashEquivalentsIncludingCashReservedForCapitalImprovements`	$10.59M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$1.13M	USD	Annual
Cash paid for income tax	`IncomeTaxesPaid`	$400.00K	USD	Annual
Cash paid for interest	`InterestPaid`	$11.85K	USD	Annual
Cash paid for interest	`InterestPaid`	$14.53K	USD	Annual
Net of unrealized holdings gain on available-for-sale Investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$34.81K	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$24.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.00M	USD	Point-in-time
Net Income	`ProfitLoss`	$2.41M	USD	Annual
Net Income	`ProfitLoss`	$2.00M	USD	Annual
Net Income	`ProfitLoss`	$988.46K	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$34.81K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$42.00K	USD	Annual
Balance	`StockholdersEquity`	$24.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$21.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.00M	USD	Point-in-time

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