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
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 119025 
Cash and cash equivalents 119025 
Receivables 28071 
Inventory, net of allowances, customer advances and progress billings 161   
Inventory 161   
Deposits current assets 22  
Other current assets 32   
Other undisclosed current assets   2 
Total current assets: 594828 
Noncurrent Assets
Property, plant and equipment 1132832 
Total noncurrent assets: 1132832 
Other undisclosed assets 962   
TOTAL ASSETS: 1,6683660 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 884504261 
Accounts payable 598171177 
Accrued liabilities 287333  
Employee-related liabilities   83 
Debt 772457  
Due to related parties 204354110 
Other undisclosed current liabilities 89 189 
Total current liabilities: 1,9501,314560 
Noncurrent Liabilities
Long-term debt and lease obligation 2,259312671 
Long-term debt, excluding current maturities 2,259312671 
Liabilities, other than long-term debt 4242405 
Due to related parties 4242405 
Total noncurrent liabilities: 2,3013541,076 
Other undisclosed liabilities (0)   
Total liabilities: 4,2511,6681,636 
Stockholders' equity
Stockholders' equity attributable to parent, including: (2,583)(1,632)(1,576) 
Preferred stock 111 
Common stock 2373627 
Additional paid in capital 4,6794,3013,722 
Accumulated deficit (7,499)(5,970)(5,327) 
Other undisclosed stockholders' equity attributable to parent   (0) 
Other undisclosed stockholders' equity  (0)  
Total stockholders' equity: (2,583)(1,632)(1,576) 
TOTAL LIABILITIES AND EQUITY: 1,6683660 

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 3,212 5255
Revenue, net 5255
Cost of revenue
(Cost of Goods and Services Sold)
 (2,392) (2)(113)
Other undisclosed gross profit   (0)0
Gross profit: 819 3142
Operating expenses (1,750)(487)(374)(193)
Other undisclosed operating loss (0)   
Operating loss: (930)(487)(371)(51)
Interest and debt expense (617)(118)3281
Income (loss) from continuing operations before equity method investments, income taxes: (1,548)(605)(339)30
Other undisclosed income from continuing operations before income taxes  15  
Income (loss) before gain (loss) on sale of properties: (1,548)(590)(339)30
Extraordinary item, gain67
Net income (loss): (1,548)(590)(339)97
Other undisclosed net income (loss) attributable to parent 0 (152)(161)
Net loss available to common stockholders, diluted: (1,548)(590)(491)(65)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (1,548)(590)(339)97
Comprehensive income (loss), net of tax, attributable to parent: (1,548)(590)(339)97

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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