WILLAMETTE VALLEY VINEYARDS INC

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 12, 2024

WVVI$1.72+1.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Statements of Operations

(Unaudited)

Three months ended · Nine months ended
	September 30,		September 30,
	2024	2023	2024	2023
SALES, NET	$9,370,713	$9,348,066	$28,506,151	$28,383,249
COST OF SALES	3,562,599	3,663,488	10,953,625	11,969,630
GROSS PROFIT	5,808,114	5,684,578	17,552,526	16,413,619
OPERATING EXPENSES
Sales and marketing	4,326,851	4,351,879	12,692,804	12,685,502
General and administrative	1,617,769	1,615,467	5,061,899	4,676,996
Total operating expenses	5,944,620	5,967,346	17,754,703	17,362,498
LOSS FROM OPERATIONS	(136,506)	(282,768)	(202,177)	(948,879)
OTHER INCOME (EXPENSE)
Interest expense, net	(257,192)	(171,272)	(750,573)	(460,309)
Other income, net	(4,424)	3,714	96,169	82,440
LOSS BEFORE INCOME TAXES	(398,122)	(450,326)	(856,581)	(1,326,748)
INCOME TAX BENEFIT	115,177	123,344	247,809	363,396
NET LOSS	(282,945)	(326,982)	(608,772)	(963,352)
Accrued preferred stock dividends	(563,250)	(511,719)	(1,689,676)	(1,535,158)
NET LOSS APPLICABLE TO COMMON SHAREHOLDERS	$(846,195)	$(838,701)	$(2,298,448)	$(2,498,510)
Loss per common share after preferred dividends, basic and diluted	$(0.17)	$(0.17)	$(0.46)	$(0.50)
Weighted-average number of common shares outstanding, basic and diluted	4,964,529	4,964,529	4,964,529	4,964,529

WILLAMETTE VALLEY VINEYARDS, INC.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.