10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-010193`
Period End Date	20150331
Filing Date	20150514
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	awx-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 28 Cash Flow Statement 56

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$15.65M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$15.17M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$3.98M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$3.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.96M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.75M	USD	Point-in-time
Inventories	`InventoryNet`	$947.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.03M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$474.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$492.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$8.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$18.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$45.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$45.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.55M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $15,647 in 2015 and $15,172 in 2014	`PropertyPlantAndEquipmentNet`	$38.98M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $15,647 in 2015 and $15,172 in 2014	`PropertyPlantAndEquipmentNet`	$35.95M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amoritzation of $3,981 in 2015 and $3,867 in 2014	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.42M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amoritzation of $3,981 in 2015 and $3,867 in 2014	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.33M	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`	$911.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$91.00K	USD	Point-in-time
Total assets	`Assets`	$57.50M	USD	Point-in-time
Total assets	`Assets`	$57.84M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$58.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$58.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.05M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$714.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$645.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$8.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$379.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$270.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.26M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.58M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$707.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$644.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.24M	USD	Point-in-time
Revolving line of credit	`LinesOfCreditCurrent`	$3.80M	USD	Point-in-time
Revolving line of credit	`LinesOfCreditCurrent`	$5.00M	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$333.00K	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$319.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Deferred rental income	`DeferredRentCreditNoncurrent`	$138.00K	USD	Point-in-time
Deferred rental income	`DeferredRentCreditNoncurrent`	$115.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.87M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.47M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.41M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$39.44M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.48M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.72M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.92M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$57.84M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$57.50M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$9.98M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$10.70M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$8.51M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$9.31M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$638.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$428.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.03M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.80M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-759.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.28M	USD	1 Quarter
Interest expense	`InvestmentIncomeInterest`	$-5.00K	USD	1 Quarter
Interest expense	`InvestmentIncomeInterest`	$-5.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$72.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$72.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.21M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-692.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.22M	USD	1 Quarter
Net loss	`ProfitLoss`	$-700.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-179.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-699.00K	USD	1 Quarter
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-1.04M	USD	1 Quarter
Basic and dilutive net loss per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Basic and dilutive net loss per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.18	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 56 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.22M	USD	1 Quarter
Net loss	`ProfitLoss`	$-700.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$638.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$428.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$17.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$21.00K	USD	1 Quarter
Deferred rental income	`DeferredRentalIncome`	$23.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$3.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$4.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-789.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$164.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$85.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$18.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$51.00K	USD	1 Quarter
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$10.00K	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.85M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.26M	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-69.00K	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-80.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-109.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$322.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$294.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$47.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-63.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-849.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.10M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.88M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.97M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.88M	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
Borrowings under line of credit facility	`ProceedsFromLinesOfCredit`	$1.20M	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`	$-17.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.19M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$354.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.79M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.47M	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`	$2.54M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.33M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$2.54M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$906.00K	USD	1 Quarter
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$884.00K	USD	1 Quarter
Cash paid during the year for interest	`InterestPaid`	$5.00K	USD	1 Quarter
Cash paid during the year for interest	`InterestPaid`	$38.00K	USD	1 Quarter

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