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 | 119 | 0 | 25 | ||||
Cash and cash equivalents | 119 | 0 | 25 | ||||
Receivables | 280 | 7 | 1 | ||||
Inventory, net of allowances, customer advances and progress billings | 161 | ||||||
Inventory | 161 | ||||||
Deposits current assets | 2 | 2 | |||||
Other current assets | 32 | ||||||
Other undisclosed current assets | 2 | ||||||
Total current assets: | 594 | 8 | 28 | ||||
Noncurrent Assets | |||||||
Property, plant and equipment | 113 | 28 | 32 | ||||
Total noncurrent assets: | 113 | 28 | 32 | ||||
Other undisclosed assets | 962 | ||||||
TOTAL ASSETS: | 1,668 | 36 | 60 | ||||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts payable and accrued liabilities | 884 | 504 | 261 | ||||
Accounts payable | 598 | 171 | 177 | ||||
Accrued liabilities | 287 | 333 | |||||
Employee-related liabilities | 83 | ||||||
Debt | 772 | 457 | |||||
Due to related parties | 204 | 354 | 110 | ||||
Other undisclosed current liabilities | 89 | 189 | |||||
Total current liabilities: | 1,950 | 1,314 | 560 | ||||
Noncurrent Liabilities | |||||||
Long-term debt and lease obligation | 2,259 | 312 | 671 | ||||
Long-term debt, excluding current maturities | 2,259 | 312 | 671 | ||||
Liabilities, other than long-term debt | 42 | 42 | 405 | ||||
Due to related parties | 42 | 42 | 405 | ||||
Total noncurrent liabilities: | 2,301 | 354 | 1,076 | ||||
Other undisclosed liabilities | (0) | ||||||
Total liabilities: | 4,251 | 1,668 | 1,636 | ||||
Stockholders' equity | |||||||
Stockholders' equity attributable to parent, including: | (2,583) | (1,632) | (1,576) | ||||
Preferred stock | 1 | 1 | 1 | ||||
Common stock | 237 | 36 | 27 | ||||
Additional paid in capital | 4,679 | 4,301 | 3,722 | ||||
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: | 1,668 | 36 | 60 |
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 | 5 | 255 | |||
Revenue, net | ✕ | ✕ | 5 | 255 | ||
Cost of revenue (Cost of Goods and Services Sold) | (2,392) | (2) | (113) | |||
Other undisclosed gross profit | (0) | 0 | ||||
Gross profit: | 819 | 3 | 142 | |||
Operating expenses | (1,750) | (487) | (374) | (193) | ||
Other undisclosed operating loss | (0) | |||||
Operating loss: | (930) | (487) | (371) | (51) | ||
Interest and debt expense | (617) | (118) | 32 | 81 | ||
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, gain | ✕ | ✕ | ✕ | ✕ | 67 | |
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.