Financial Performance - For the three months ended September 30, 2023, net sales increased to $9,348,066, a 23% increase from $7,602,878 in the same period of 2022[12] - Gross profit for the nine months ended September 30, 2023, was $16,413,619, representing a 32% increase compared to $12,441,469 for the same period in 2022[12] - For the nine months ended September 30, 2023, total net sales reached $28,383,249, a 26% increase from $22,546,057 in the same period of 2022[35] - Gross profit for the three months ended September 30, 2023, was $5,684,578, representing a 46% increase compared to $3,894,183 in the prior year[35] - The company reported a loss from operations of $948,879 for the nine months ended September 30, 2023, compared to a loss of $917,824 in the same period of 2022[35] Losses and Expenses - The net loss for the three months ended September 30, 2023, was $326,982, a decrease from a net loss of $949,821 in the same period of 2022[12] - For the nine months ended September 30, 2023, the company reported a net loss of $963,352, compared to a net loss of $791,362 for the same period in 2022, representing a 21.7% increase in losses year-over-year[16] - Operating expenses for the nine months ended September 30, 2023, totaled $17,362,498, which is a 30% increase from $13,359,293 in the same period of 2022[12] - Selling expenses rose to $4,351,879 for the three months ended September 30, 2023, compared to $3,774,495 in the same period of 2022, reflecting an increase of 15%[35] Assets and Liabilities - Total current assets as of September 30, 2023, were $30,048,987, up from $27,778,432 as of December 31, 2022, indicating an 8% increase[9] - Total liabilities increased to $31,777,256 as of September 30, 2023, compared to $28,322,048 as of December 31, 2022, reflecting a 9% rise[9] - Total current liabilities increased to $12.32 million as of September 30, 2023, from $9.93 million at the end of 2022, marking a rise of approximately 24%[9] - The company had an outstanding long-term debt balance of $7,717,435 as of September 30, 2023, compared to $7,062,654 as of December 31, 2022, indicating an increase of 9.3%[27] Cash Flow and Equities - Cash flows from operating activities resulted in a net cash outflow of $68,089 for the nine months ended September 30, 2023, a significant improvement from a net cash outflow of $2,139,960 in the same period of 2022[16] - The company’s cash and cash equivalents decreased to $213,432 as of September 30, 2023, down from $338,676 as of December 31, 2022[9] - Total shareholders' equity decreased to $69,948,836 as of September 30, 2023, from $70,361,934 as of December 31, 2022[9] - The company reported a loss applicable to common shareholders of $838,701 for the three months ended September 30, 2023, compared to a loss of $1,416,433 in the same period of 2022[12] Inventory and Purchases - Total inventories increased to $26,065,768 as of September 30, 2023, up from $22,201,499 as of December 31, 2022, reflecting a 17.5% rise[22] - The company reported a significant increase in finished goods inventory, which rose to $14,433,828 as of September 30, 2023, from $8,991,070 as of December 31, 2022, marking a 60.5% increase[22] - Grape purchases for the three months ended September 30, 2023, totaled $1.90 million, compared to $1.21 million for the same period in 2022, reflecting a 57% increase[58] Legal and Compliance - The company has received a waiver from Umpqua Bank regarding a debt covenant violation, which was out of compliance as of December 31, 2022, until the next measurement date of December 31, 2023[25] - The company believes ongoing legal proceedings will not materially affect its financial position or cash flows[57] - Management is unable to predict the ultimate outcome of legal proceedings, highlighting the inherent uncertainty in litigation[57] Lease Obligations - Operating lease liabilities net of current portion amounted to $8.93 million as of September 30, 2023, compared to $8.51 million at the end of 2022, indicating a rise of approximately 5%[9] - Total minimal lease payments amount to $12,962,853, with net lease liabilities (after current portion) at $8,926,152[57] - The total present value adjustment for lease liabilities is $3,178,376, reflecting the impact of discounting future payments[57]

Financial Performance - Net sales for the second quarter of 2023 reached $10,726,243, a 23.2% increase from $8,700,861 in the same period of 2022[12] - Gross profit for the six months ended June 30, 2023, was $10,729,041, up 25.5% from $8,547,286 in the prior year[12] - For the three months ended June 30, 2023, the net income was $108,453, compared to a net income of $257,401 for the same period in 2022, resulting in a loss per common share of $0.08[21] - The company reported a net loss of $636,370 for the six months ended June 30, 2023, compared to a net income of $158,459 in the same period of 2022[17] - The company reported a loss per common share of $0.33 for the six months ended June 30, 2023, compared to a loss of $0.16 for the same period in 2022[21] Assets and Liabilities - Total current assets as of June 30, 2023, were $27,753,739, slightly down from $27,778,432 at the end of 2022[9] - Total liabilities increased to $28,724,124 as of June 30, 2023, compared to $28,322,048 at the end of 2022[10] - Cash and cash equivalents at the end of the second quarter of 2023 were $553,180, a significant decrease from $3,128,407 at the end of the second quarter of 2022[17] - The outstanding line of credit balance was $1,505,793 as of June 30, 2023, compared to $166,617 at December 31, 2022, with an interest rate of 7.75%[25] - Long-term debt agreements had an aggregate outstanding balance of $7,841,963 as of June 30, 2023, up from $7,062,654 as of December 31, 2022[28] Operating Expenses - Operating expenses for the second quarter of 2023 totaled $5,941,739, an increase of 35.5% from $4,382,814 in the same quarter of 2022[12] - Selling expenses for the six months ended June 30, 2023, totaled $8,333,623, a 51.5% increase from $5,497,340 in the same period of 2022[36] - The Company had a depreciation expense of $744,048 for the three months ended June 30, 2023, compared to $432,826 for the same period in 2022[24] Inventory and Receivables - Total inventories as of June 30, 2023, amounted to $22,751,848, an increase from $22,201,499 as of December 31, 2022[23] - The company experienced a decrease in accounts receivable, net, to $3,217,445 as of June 30, 2023, from $4,226,948 at the end of 2022[9] - Work-in-process inventory decreased to $10,540,895 as of June 30, 2023, from $12,047,579 as of December 31, 2022[23] Shareholder Equity and Stock - The company issued 118,322 shares of preferred stock during the six-month period ended June 30, 2023, raising $550,254[15] - The company has received net proceeds of $3,558,807 from the issuance of preferred stock as of June 30, 2023[39] - Preferred stock dividends accrued for the six months ended June 30, 2023, were $1,023,439, compared to $933,225 for the same period in 2022[12] - Total shareholders' equity as of June 30, 2023, was $70,275,818, a slight decrease from $70,361,934 as of December 31, 2022[10] Cash Flow - Cash flows from operating activities resulted in a net cash outflow of $147,422 for the six months ended June 30, 2023, an improvement from a net cash outflow of $979,069 in the prior year[17] - Cash and cash equivalents increased to $553,180 as of June 30, 2023, from $338,676 as of December 31, 2022[9] Lease Obligations - The total lease cost for the three months ended June 30, 2023, was $344,590, with operating lease costs for vineyards at $114,782[56] - Right-of-use assets obtained in exchange for new operating lease obligations were $1,090,735 for the six months ended June 30, 2023[57] - Operating lease liabilities, net of current portion, were $9,145,634 as of June 30, 2023, compared to $8,506,830 as of December 31, 2022[9] Legal and Operational Segments - The company has identified two operating segments: Direct Sales and Distributor Sales, reflecting different distribution channels and strategies[32] - The company believes that ongoing legal proceedings will not materially affect its financial position or cash flows[58]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in charter) Oregon 93-0981021 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identificati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _______________________ Commission file number: 000-21522 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in its char ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in charter) Oregon 93-0981021 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identifi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in charter) Oregon 93-0981021 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identificatio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in charter) Oregon 93-0981021 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identificati ...

Part I [Business](index=4&type=section&id=Item%201.%20Business) Willamette Valley Vineyards produces and sells premium wines, primarily Pinot Noir, through direct and distributor sales, expanding into ultra-premium markets with new brands and facilities - The company operates through two primary segments: direct sales (retail, wine club, online) and distributor sales (wholesale)[17](index=17&type=chunk) - The company's main brand is Willamette Valley Vineyards, with Pinot Noir as its flagship varietal, also marketing wines under Griffin Creek, Tualatin Estate, Pambrun, and Maison Bleue labels[16](index=16&type=chunk)[18](index=18&type=chunk) - Strategic initiatives include brand expansion into the ultra-premium market with new wineries and labels, and constructing a new sparkling wine facility, Domaine Willamette, to enhance direct-to-consumer sales[46](index=46&type=chunk) Company Vineyard Acreage Summary | Vineyard Type | Total Acres | Producing Acres | Pre-Production Acres | Plantable Acres | Non-Plantable Acres | | :--- | :--- | :--- | :--- | :--- | :--- | | **Owned Vineyards** | 704 | 239 | 37 | 232 | 196 | | **Leased Vineyards** | 314 | 265 | 9 | 19 | 21 | | **Contracted Vineyards** | 381 | 381 | - | - | - | | **Total** | **1,399** | **885** | **46** | **251** | **217** | Annual Grape Harvest and Wine Production | Harvest Year | Tons of Grapes Grown | Tons of Grapes Purchased | Total Tons Harvested | Cases Produced | | :--- | :--- | :--- | :--- | :--- | | **2021** | 1,550 | 1,522 | 3,072 | 206,954 | | **2020** | 1,031 | 1,470 | 2,501 | 175,357 | | **2019** | 1,572 | 1,046 | 2,618 | 172,869 | - In 2021, sales to a single distributor accounted for approximately **18.1% of total company revenue**, a decrease from 24.0% in 2020[91](index=91&type=chunk) [Risk Factors](index=15&type=section&id=Item%201A.%20Risk%20Factors) The company faces agricultural, competitive, and financial risks, including pest and weather impacts, intense market competition, funding needs, and ongoing COVID-19 uncertainties - Agricultural risks include diseases, pests like phylloxera, adverse weather, and potential smoke damage from wildfires[104](index=104&type=chunk)[107](index=107&type=chunk) - The company faces intense competition from larger domestic and foreign wineries with greater financial and marketing resources[113](index=113&type=chunk) - Financial risks include reliance on credit facilities, high compliance costs as a public company, and potential liabilities from its Series A Redeemable Preferred Stock offering[110](index=110&type=chunk)[112](index=112&type=chunk)[126](index=126&type=chunk) - The COVID-19 pandemic continues to pose a risk, potentially impacting direct-to-consumer sales and hospitality demand if restrictive measures are re-imposed[133](index=133&type=chunk)[134](index=134&type=chunk)[135](index=135&type=chunk) [Unresolved Staff Comments](index=21&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments - None[137](index=137&type=chunk) [Properties](index=21&type=section&id=Item%202.%20Properties) The company owns or leases 1,018 acres, including 504 productive vineyard acres, with its Estate Winery producing 258,620 cases annually and additional capacity available - The company owns or leases a total of **1,018 acres**, of which 704 are owned and 314 are leased, including **504 productive vineyard acres**[138](index=138&type=chunk) - The Estate Winery has a production capacity of up to **258,620 cases** (615,000 gallons) per year, producing approximately 206,954 cases in 2021[139](index=139&type=chunk) - The Tualatin Estate Winery provides an additional **28,000 cases** (66,000 gallons) of production capacity, currently unused but available for future expansion[140](index=140&type=chunk) [Legal Proceedings](index=21&type=section&id=Item%203.%20Legal%20Proceedings) The company is not a party to any material legal proceedings, nor is management aware of any contemplated actions - There are no material legal proceedings pending against the Company[143](index=143&type=chunk) [Mine Safety Disclosures](index=21&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section is not applicable to the company - Not applicable[144](index=144&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=22&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company's common stock trades on NASDAQ under "WVVI" with 2,146 shareholders, and it does not anticipate paying common stock dividends, reinvesting earnings for expansion - The Company's common stock is traded on the NASDAQ Capital Market under the symbol "**WVVI**"[146](index=146&type=chunk) - As of December 31, 2021, there were approximately **2,146 common stock shareholders** of record[146](index=146&type=chunk) - The Company has not paid dividends on its Common Stock and does not plan to in the foreseeable future, instead reinvesting earnings into expansion[147](index=147&type=chunk) [Selected Financial Data](index=22&type=section&id=Item%206.%20Selected%20Financial%20Data) This section is not required for the company - Not required[151](index=151&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=22&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) In 2021, net sales increased by 16.4% to $31.8 million, but net income decreased by 28.0% to $2.4 million due to higher costs and SG&A expenses, with gross margin declining to 58.7% Financial Performance Summary (2021 vs. 2020) | Metric | 2021 | 2020 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | **Net Sales** | $31,786,864 | $27,314,852 | $4,472,012 | 16.4% | | **Gross Profit** | $18,665,673 | $16,729,776 | $1,935,897 | 11.6% | | **Income from Operations** | $3,690,019 | $5,001,773 | ($1,311,754) | -26.2% | | **Net Income** | $2,445,463 | $3,394,996 | ($949,533) | -28.0% | | **EPS (after preferred dividends)** | $0.20 | $0.46 | ($0.26) | -56.6% | Revenue by Sales Channel (2021 vs. 2020) | Sales Channel | 2021 Revenue | 2020 Revenue | % Change | | :--- | :--- | :--- | :--- | | Retail Sales | $13,306,156 | $10,560,913 | 26.0% | | In-state Sales | $5,824,130 | $6,671,743 | -12.7% | | Out-of-state Sales | $12,937,605 | $10,350,708 | 25.0% | - The gross margin percentage decreased to **58.7% in 2021** from 61.2% in 2020, primarily due to higher product costs from recent vintages[185](index=185&type=chunk) - Selling, general and administrative (SG&A) expenses increased by **27.7% in 2021**, driven by increased selling expenses, shipping, packaging, and administrative costs[186](index=186&type=chunk) EBITDA Reconciliation (2021 vs. 2020) | Metric | 2021 | 2020 | | :--- | :--- | :--- | | Net Income | $2,445,463 | $3,394,996 | | Depreciation and amortization | $1,952,093 | $1,812,394 | | Interest Expense | $391,272 | $414,061 | | Interest Income | ($12,412) | ($21,022) | | Income tax expense | $1,020,879 | $1,379,654 | | **EBITDA** | **$5,797,295** | **$6,980,083** | [Quantitative and Qualitative Disclosures about Market Risk](index=32&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) This section is not required for the company - Not required[225](index=225&type=chunk) [Financial Statements and Supplementary Data](index=32&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) Audited financial statements for 2021 and 2020 are presented with an unqualified opinion from Moss Adams LLP, showing 2021 total assets of $91.4 million and total liabilities of $26.4 million - The independent registered public accounting firm, Moss Adams LLP, provided an **unqualified audit opinion** on the financial statements[231](index=231&type=chunk)[236](index=236&type=chunk) Balance Sheet Summary (as of Dec 31, 2021) | Category | Amount | | :--- | :--- | | **Total Current Assets** | $36,425,857 | | **Total Assets** | $91,375,110 | | **Total Current Liabilities** | $11,931,983 | | **Total Liabilities** | $26,413,116 | | **Total Shareholders' Equity** | $64,961,994 | Statement of Income Summary (Year Ended Dec 31, 2021) | Category | Amount | | :--- | :--- | | **Sales, Net** | $31,786,864 | | **Gross Profit** | $18,665,673 | | **Income from Operations** | $3,690,019 | | **Net Income** | $2,445,463 | | **Income Applicable to Common Shareholders** | $1,001,180 | | **EPS (basic and diluted)** | $0.20 | - In 2021, sales to one distributor represented approximately **18.1% of total revenue**, indicating significant customer concentration[263](index=263&type=chunk) - The company has two primary operating segments: Direct Sales (**41.8% of net sales in 2021**) and Distributor Sales (**58.2% of net sales in 2021**)[337](index=337&type=chunk)[340](index=340&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=53&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes in or disagreements with its accountants on accounting and financial disclosure - None[344](index=344&type=chunk) [Controls and Procedures](index=53&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded that disclosure controls and internal control over financial reporting were effective as of December 31, 2021, with no material changes - Management concluded that the company's disclosure controls and procedures were effective as of the period end[344](index=344&type=chunk) - Based on the COSO framework, management concluded that internal control over financial reporting was effective as of December 31, 2021[347](index=347&type=chunk) [Other Information](index=54&type=section&id=Item%209B.%20Other%20Information) The company reports no other information - None[350](index=350&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=54&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) This section details the company's directors and executive officers, including James W. Bernau (CEO) and John Ferry (CFO), and highlights the independent audit committee with Craig Smith as financial expert Directors and Executive Officers | Name | Position(s) | Age | | :--- | :--- | :--- | | James W. Bernau | Chairperson of the Board, CEO, President and Director | 68 | | Craig Smith | Secretary and Director | 75 | | John Ferry | Chief Financial Officer | 56 | | James L. Ellis | Director | 77 | | Sean M. Cary | Director | 48 | | Stan G. Turel | Director | 73 | | Leslie Copland | Director | 68 | - The company has a standing audit committee comprised of independent directors: Craig Smith, Sean Cary, and Stan G. Turel[366](index=366&type=chunk) - Craig Smith is designated as the Audit Committee's "**financial expert**"[367](index=367&type=chunk) [Executive Compensation](index=56&type=section&id=Item%2011.%20Executive%20Compensation) This section details 2021 executive compensation, with CEO James W. Bernau receiving $573,620 and CFO John Ferry receiving $199,344, alongside director compensation Summary Compensation Table (2021) | Name and Principal Position | Year | Salary | Bonus | Non-equity Incentive Plan Comp. | All Other Comp. | Total | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **James W. Bernau**, President, CEO | 2021 | $285,474 | $233,757 | - | $54,389 | $573,620 | | **John Ferry**, CFO | 2021 | $170,677 | - | $21,000 | $7,667 | $199,344 | - Mr. Bernau's 2021 bonus is calculated as a percentage of the company's pre-tax net income, not to exceed his base salary[371](index=371&type=chunk) - Directors receive compensation including a yearly stipend, fees for meeting attendance, a per diem, and a yearly wine allowance[374](index=374&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=58&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) This section discloses common stock beneficial ownership as of March 29, 2022, with CEO James W. Bernau owning 7.2% and all directors and executive officers as a group owning 7.9% Security Ownership of Major Holders and Management | Name | Number of Shares Beneficially Owned | Percent of Class | | :--- | :--- | :--- | | James W. Bernau | 355,502 | 7.2% | | Christopher Riccardi | 385,485 | 7.8% | | Carl D. Thoma | 336,189 | 6.8% | | All Directors and Executive Officers as a group (7 persons) | 394,259 | 7.9% | [Certain Relationships and Related Transactions, and Director Independence](index=60&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) The company reported no related person transactions exceeding $120,000 in 2021, and most directors are deemed independent by NASDAQ standards - There were no transactions with related persons exceeding **$120,000** in 2021[380](index=380&type=chunk) - All directors are considered "independent" under NASDAQ rules, except for James W. Bernau (CEO) and James L. Ellis (former executive)[382](index=382&type=chunk) [Principal Accounting Fees and Services](index=60&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) This section details fees paid to Moss Adams LLP for 2021 ($295,918) and 2020 ($250,510), covering audit and tax services Accountant Fees (Moss Adams LLP) | Fee Category | 2021 | 2020 | | :--- | :--- | :--- | | Audit Fees | $241,038 | $198,200 | | Tax Fees | $54,880 | $52,310 | | **Total Fees** | **$295,918** | **$250,510** | [Exhibits, Financial Statement Schedules](index=61&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section provides an index of all financial statements, schedules, and exhibits filed as part of the Form 10-K report - This section provides an index of all financial statements, schedules, and exhibits filed with the Form 10-K[386](index=386&type=chunk)[389](index=389&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT Commission File Number 001-37610 WILLAMETTE VALLEY VINEYARDS, INC. (Exact name of registrant as specified in charter) | Oregon | 93-0981021 | | --- | --- | | (State or other jurisdiction of incorporation or organization) | (I.R.S ...