$PCSV

PCS EDVENTURES COM INC

CIK:0001122020|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
REVENUE	$ 1,740,616	$ 2,423,308
COST OF SALES	647,320	886,771
GROSS PROFIT	1,093,296	1,536,537
OPERATING EXPENSES
Salaries and wages	601,346	610,293
General and administrative expenses	409,949	353,924
Total Operating Expenses	1,011,295	964,217
OPERATING INCOME	82,001	572,320
OTHER INCOME
Interest income	20,846	22,831
Net Other Income	20,846	22,831
NET INCOME BEFORE TAXES	102,847	595,151
Provision for income taxes	28,252	149,998
NET INCOME	$ 74,595	$ 445,153
Net Income per common share:
Basic	$ 0.01	$ 0.04
Fully Diluted	$ 0.01	$ 0.04
Weighted Average number of shares outstanding
Basic	9,682,113	10,170,103
Fully diluted	9,682,113	10,170,103

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 74,595	$ 445,153
Depreciation and amortization	8,370	7,716
Amortization of right of use asset	54,801	49,678
Provision for income tax	28,252	127,673
Stock based compensation	5,351	2,480
Changes in operating assets and liabilities
(Increase) decrease in accounts receivable	93,320	(456,491)
(Increase) decrease in prepaid expenses	88,684	165,200
(Increase) in inventories	(236,705)	(13,397)
Increase in accounts payable and accrued liabilities	(75,945)	149,606
(Decrease) in lease liability	(55,370)	(44,225)
Increase (decrease) in unearned revenue	38,926	(1,114)
Net Cash Provided by Operating Activities	24,279	432,279
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for purchase of fixed assets	(2,331)	(7,255)
Net Cash Used by Investing Activities	(2,331)	(7,255)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash paid for private purchase of common stock		(39,894)
Cash paid for purchase of Treasury stock on open market	(48,818)	(13,607)
Net Cash Used by Financing Activities	(48,818)	(53,501)
Net Increase (Decrease) in Cash	(26,870)	371,523
Cash at Beginning of Period	2,674,538	3,223,147
Cash at End of Period	2,647,668	3,594,670
Cash paid for taxes	85,637	11,604
Cash paid for interest		$ 3,476

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Mar. 31, 2026
CURRENT ASSETS
Cash	$ 2,647,668	$ 2,674,538
Accounts receivable, net of allowance for credit losses of $41,889	626,073	719,380
Accounts receivable, other receivables	3,213	3,227
Prepaid expenses	91,185	179,869
Inventory, net	2,290,713	2,054,008
Total Current Assets	5,658,852	5,631,022
NONCURRENT ASSETS
Lease Right-of-Use Asset	879,263	934,064
Deposits	29,747	29,747
Property and equipment, net	78,834	84,873
Deferred tax asset	2,198,797	2,222,414
Total Noncurrent Assets	3,186,641	3,271,098
TOTAL ASSETS	8,845,493	8,902,120
CURRENT LIABILITIES
Accounts payable	(4,134)	84,316
Payroll liabilities and accrued expenses	135,352	115,582
Deferred revenue	60,166	21,240
Lease Liability, current portion	229,124	227,718
Total Current Liabilities	420,508	448,856
Lease Liability, net of current portion	703,728	760,504
TOTAL LIABILITIES	1,124,236	1,209,360
STOCKHOLDERS’ EQUITY
Preferred stock, no par value, 20,000,000 authorized shares, no shares issued and outstanding
Common stock, no par value, 12,000,000 authorized shares, 9,784,898 issued and 9,678,474 outstanding, 9,781,828 issued, 9,707,960 outstanding, respectively
Additional Paid-in Capital	39,524,308	39,521,588
Treasury Stock, 106,424 shares and 73,868 shares, respectively	(163,051)	(114,233)
Accumulated deficit	(31,640,000)	(31,714,595)
TOTAL SHAREHOLDERS’ EQUITY	7,721,257	7,692,760
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 8,845,493	$ 8,902,120