WILLAMETTE VALLEY VINEYARDS INC

For the period ended Mar 31, 2026. Filed May 13, 2026.

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.

Mar 31, 2026 · Filed May 13, 2026

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 Balance Sheets

(Unaudited)

	March 31,	December 31,
	2026	2025
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$404,712	$410,886
Accounts receivable, net	3,861,980	4,511,460
Inventories	32,430,810	33,380,079
Prepaid expenses and other current assets	592,947	659,033
Income tax receivable	236,781	44,117
Total current assets	37,527,230	39,005,575
Other assets	13,824	13,824
Vineyard development costs, net	8,597,002	8,626,391
Property and equipment, net	48,677,134	49,404,999
Operating lease right of use assets	10,535,024	10,684,810
TOTAL ASSETS	$105,350,214	$107,735,599
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$1,438,138	$1,546,997
Accrued expenses	1,834,424	1,909,084
Investor deposits for preferred stock	-	2,057,265
Bank overdraft	243,699	-
Line of credit	2,359,437	3,140,140
Note payable	854,907	884,221
Current portion of long-term debt	1,022,686	1,008,215
Current portion of lease liabilities	510,202	490,247
Unearned revenue	2,617,120	2,776,919
Grapes payable	-	654,832
Total current liabilities	10,880,613	14,467,920
Long-term debt, net of current portion and debt issuance costs	13,758,244	14,017,343
Lease liabilities, net of current portion	10,743,972	10,881,501
Deferred income taxes	2,180,660	2,180,660
Total liabilities	37,563,489	41,547,424
COMMITMENTS AND CONTINGENCIES (NOTE 10)
SHAREHOLDERS’ EQUITY
Redeemable preferred stock, no par value, 100,000,000 shares authorized, 11,019,472 shares issued and outstanding, liquidation preference $46,336,880, at March 31, 2026 and 10,239,573 shares issued and outstanding, liquidation preference $42,494,228, at December 31, 2025.	46,106,055	43,357,396
Common stock, no par value, 10,000,000 shares authorized, 4,979,529 shares issued and outstanding at March 31, 2026 and 4,979,529 shares issued and outstanding at December 31, 2025	8,658,595	8,637,560
Retained earnings	13,022,075	14,193,219
Total shareholders’ equity	67,786,725	66,188,175
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$105,350,214	$107,735,599

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.