WILLAMETTE VALLEY VINEYARDS INC
For the period ended Dec 31, 2023. Filed Mar 26, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 26, 2024
WVVI$1.72+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Operations
| Year ended | ||
|---|---|---|
| December 31, | ||
| 2023 | 2022 | |
| SALES, NET | $39,136,114 | $33,934,081 |
| COST OF SALES | 16,578,986 | 15,119,985 |
| GROSS PROFIT | 22,557,128 | 18,814,096 |
| OPERATING EXPENSES: | ||
| Sales and marketing | 17,564,103 | 13,640,290 |
| General and administrative | 6,200,227 | 5,720,224 |
| Total operating expenses | 23,764,330 | 19,360,514 |
| LOSS FROM OPERATIONS | (1,207,202) | (546,418) |
| OTHER INCOME (EXPENSE) | ||
| Interest income | 27 | 5,496 |
| Interest expense | (594,106) | (367,745) |
| Other income, net | 114,827 | 142,529 |
| LOSS BEFORE INCOME TAXES | (1,686,454) | (766,138) |
| INCOME TAX BENEFIT | 487,861 | 119,646 |
| NET LOSS | (1,198,593) | (646,492) |
| Preferred stock dividends | (2,047,097) | (1,866,451) |
| LOSS APPLICABLE TO COMMON SHAREHOLDERS | $(3,245,690) | $(2,512,943) |
| Loss per common share after preferred dividends, basic and diluted | $(0.65) | $(0.51) |
| Weighted-average number of common shares outstanding, basic and diluted | 4,964,529 | 4,964,529 |
WILLAMETTE VALLEY VINEYARDS, INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.