Pacific Ventures Group, Inc. (PACV) financial statements (2022 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)
Annual | Quarterly

9/30/2021
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 316119025
Cash and cash equivalents 316119025
Receivables 1,29128071
Inventory, net of allowances, customer advances and progress billings 831161  
Inventory 831161  
Deposits current assets 1722 
Other current assets 3432  
Other undisclosed current assets 249  2
Total current assets: 2,737594828
Noncurrent Assets
Property, plant and equipment 1,4781132832
Total noncurrent assets: 1,4781132832
Other undisclosed assets 4,554962  
TOTAL ASSETS: 8,7691,6683660
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2,124884504261
Accounts payable 1,409598171177
Accrued liabilities 715287333 
Employee-related liabilities    83
Debt 1,142772457 
Due to related parties 340204354110
Other undisclosed current liabilities 24989 189
Total current liabilities: 3,8561,9501,314560
Noncurrent Liabilities
Long-term debt and lease obligation 9,4882,259312671
Long-term debt, excluding current maturities 8,6272,259312671
Operating lease, liability 861✕✕✕
Liabilities, other than long-term debt 424242405
Due to related parties 424242405
Total noncurrent liabilities: 9,5302,3013541,076
Other undisclosed liabilities  (0)  
Total liabilities: 13,3864,2511,6681,636
Stockholders' equity
Stockholders' equity attributable to parent, including: (4,617)(2,583)(1,632)(1,576)
Preferred stock 6111
Common stock 5702373627
Additional paid in capital 4,8474,6794,3013,722
Accumulated deficit (10,040)(7,499)(5,970)(5,327)
Other undisclosed stockholders' equity attributable to parent    (0)
Other undisclosed stockholders' equity (0) (0) 
Total stockholders' equity: (4,617)(2,583)(1,632)(1,576)
TOTAL LIABILITIES AND EQUITY: 8,7691,6683660

Income statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 5,9183,212 5
Revenue, net✕✕✕ 5
Cost of revenue
(Cost of Goods and Services Sold)		 (5,070)(2,392) (2)
Other undisclosed gross profit    (0)
Gross profit: 848819 3
Operating expenses (2,552)(1,750)(487)(374)
Other undisclosed operating loss  (0)  
Operating loss: (1,704)(930)(487)(371)
Interest and debt expense (970)(617)(118)32
Loss from continuing operations before equity method investments, income taxes: (2,674)(1,548)(605)(339)
Other undisclosed income from continuing operations before income taxes   15 
Net loss: (2,674)(1,548)(590)(339)
Other undisclosed net income (loss) attributable to parent 210 (152)
Net loss available to common stockholders, diluted: (2,653)(1,548)(590)(491)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (2,674)(1,548)(590)(339)
Comprehensive loss, net of tax, attributable to parent: (2,674)(1,548)(590)(339)

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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