Pacific Ventures Group Inc (PACV) financial statements (2021 and earlier)

Company profile

Business Address 117 WEST 9TH STREET SUITE 316
LOS ANGELES, CA 90015
State of Incorp. DE
Fiscal Year End December 31
SIC 208 - Beverages (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14(11)8119419147
Cash and cash equivalents14(11)8119419147
Receivables193244246280164220
Inventory, net of allowances, customer advances and progress billings46037119816116266
Inventory46037119816116266
Deposits current assets222222
Other current assets76124743226
Other undisclosed current assets0     
Total current assets:743729527594749441
Noncurrent Assets
Property, plant and equipment95104106113119129
Intangible assets, net (including goodwill)    950950
Intangible assets, net (excluding goodwill)    950950
Other undisclosed noncurrent assets    (950)(950)
Total noncurrent assets:95104106113119129
Other undisclosed assets962962962962962956
TOTAL ASSETS:1,7991,7951,5951,6681,8301,525
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4441,105918884895863
Accounts payable832802628598501478
Accrued liabilities612303290287394386
Debt952813735772646557
Due to related parties304275231204250283
Other undisclosed current liabilities08989898989
Total current liabilities:2,6992,2821,9721,9501,8801,793
Noncurrent Liabilities
Long-term debt and lease obligation2,3322,3322,2402,2592,1901,790
Long-term debt, excluding current maturities2,3322,3322,2402,2592,1901,790
Liabilities, other than long-term debt4212487424242
Due to related parties4212487424242
Total noncurrent liabilities:2,3742,4552,3272,3012,2321,832
Other undisclosed liabilities   (0)  
Total liabilities:5,0734,7374,2994,2514,1123,625
Stockholders' equity
Stockholders' equity attributable to parent, including:(3,273)(2,942)(2,704)(2,583)(2,283)(2,100)
Preferred stock111111
Common stock4762752752379883
Additional paid in capital4,8334,8184,8184,6794,6424,530
Accumulated deficit(8,583)(8,036)(7,798)(7,499)(7,023)(6,713)
Other undisclosed stockholders' equity attributable to parent (0)   (0)
Other undisclosed stockholders' equity(0)(0)(0)  (0)
Total stockholders' equity:(3,273)(2,942)(2,704)(2,583)(2,283)(2,100)
TOTAL LIABILITIES AND EQUITY:1,7991,7951,5951,6681,8301,525

Income statement (P&L) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues1,0981,1271,289(389)1,219690
Cost of revenue
(Cost of Goods and Services Sold)
(904)(717)(1,010)235(913)(482)
Other undisclosed gross profit0 0 (0) 
Gross profit:194410279(154)305208
Operating expenses(654)(481)(402)(206)(465)(278)
Other undisclosed operating loss   (0) (208)
Operating loss:(460)(71)(123)(359)(160)(278)
Interest and debt expense(181)(167)(190)(80)(147)(189)
Loss from continuing operations before equity method investments, income taxes:(641)(238)(313)(439)(307)(467)
Other undisclosed income (loss) from continuing operations before income taxes (0)   208
Net loss:(641)(238)(313)(439)(307)(258)
Other undisclosed net income (loss) attributable to parent10010(20)0 
Net loss available to common stockholders, diluted:(631)(238)(303)(459)(307)(258)

Comprehensive Income ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net loss:(641)(238)(313)(439)(307)(258)
Comprehensive loss, net of tax, attributable to parent:(641)(238)(313)(439)(307)(258)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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