10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-008590`
Period End Date	20140331
Filing Date	20140509
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	awx-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 27 Cash Flow Statement 54

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$-13.56M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$-13.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$-3.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$-3.52M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$400.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$349.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$3.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$3.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$830.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$994.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.18M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $13,838 in 2014 and $13,556 in 2013	`PropertyPlantAndEquipmentNet`	$30.11M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $13,838 in 2014 and $13,556 in 2013	`PropertyPlantAndEquipmentNet`	$27.56M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $3,522 in 2014 and $3,397 in 2013	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.72M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $3,522 in 2014 and $3,397 in 2013	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.62M	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$8.00K	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$8.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$108.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$108.00K	USD	Point-in-time
Total assets	`Assets`	$55.58M	USD	Point-in-time
Total assets	`Assets`	$53.58M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$57.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$56.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.10M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$549.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$555.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$227.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$307.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.56M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.27M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$412.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$365.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.64M	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$390.00K	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$376.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$75.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$75.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.77M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.09M	USD	Point-in-time
Total Avalon Holdings Corporation shareholders equity	`StockholdersEquity`	$40.42M	USD	Point-in-time
Total Avalon Holdings Corporation shareholders equity	`StockholdersEquity`	$39.76M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.40M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.05M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.47M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.16M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$55.58M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$53.58M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$14.67M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$9.98M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$8.51M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$12.55M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$404.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$428.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.90M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-759.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-189.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$79.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$72.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-115.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-692.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-144.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-700.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation	`ProfitLoss`	$-144.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation	`ProfitLoss`	$-699.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Weighted average shares outstanding basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	1 Quarter
Weighted average shares outstanding basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-144.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-700.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$404.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$428.00K	USD	1 Quarter
Compensation costs stock options	`ShareBasedCompensation`	$26.00K	USD	1 Quarter
Compensation costs stock options	`ShareBasedCompensation`	$21.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$4.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$4.00K	USD	1 Quarter
Gain from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.20M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$70.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$51.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$164.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$215.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.62M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.85M	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$120.00K	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$19.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-80.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-85.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$279.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$294.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$35.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$47.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-849.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-199.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.97M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.00K	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.97M	USD	1 Quarter
Proceeds from subsidiary private placement offering	`ProceedsFromIssuanceOfPrivatePlacement`	$350.00K	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$14.00K	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$13.00K	USD	1 Quarter
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-7.00K	USD	1 Quarter
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-17.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$354.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.47M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-264.00K	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.33M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.62M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Capital expenditures included in accounts payable at March 31, 2014	`CapitalExpendituresIncurredButNotYetPaid`	$906.00K	USD	1 Quarter
Significant non-cash investing and financing activities:	`CapitalLeaseObligationsIncurred`	$280.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.