10-K Filing

AVALON HOLDINGS CORP CIK: 1061069 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001437749-22-005883`
Period End Date	20211231
Filing Date	20220310
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	awx20211231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 32 Cash Flow Statement 72 Stockholders Equity 13

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$265.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$275.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$265.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $265 at December 31, 2021 and 2020	`AccountsReceivableNetCurrent`	$8.74M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $265 at December 31, 2021 and 2020	`AccountsReceivableNetCurrent`	$9.93M	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$578.00K	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$585.00K	USD	Point-in-time
Inventories	`InventoryNet`	$910.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$730.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$996.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$80.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$105.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$51.30M	USD	Point-in-time
Leased property under finace leases, net	`FinanceLeaseRightOfUseAsset`	$5.39M	USD	Point-in-time
Leased property under finace leases, net	`FinanceLeaseRightOfUseAsset`	$5.74M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.73M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$3.88M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.70M	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredIncomeTaxAssetsNet`	$8.00K	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredIncomeTaxAssetsNet`	$8.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$36.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$36.00K	USD	Point-in-time
Total assets	`Assets`	$78.04M	USD	Point-in-time
Total assets	`Assets`	$77.95M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.13M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.59M	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$167.00K	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$333.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$529.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$534.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.10M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$809.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$797.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$67.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$43.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$461.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$541.00K	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$3.20M	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$3.36M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$1.26M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$1.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.02M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$19.38M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$21.94M	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$560.00K	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$496.00K	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.20M	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.06M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.20M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.17M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$37.09M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$39.07M	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$-126.00K	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$-92.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$77.95M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$78.04M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$58.72M	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$70.38M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.11M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.91M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.67M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.88M	USD	Annual
Operating income	`OperatingIncomeLoss`	$561.00K	USD	Annual
Operating income	`OperatingIncomeLoss`	$124.00K	USD	Annual
Interest expense	`InterestExpense`	$1.21M	USD	Annual
Interest expense	`InterestExpense`	$1.16M	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$1.96M	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$801.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$337.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$369.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.74M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$98.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-46.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Less net loss attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-324.00K	USD	Annual
Less net loss attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-60.00K	USD	Annual
Net income attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$14.00K	USD	Annual
Net income attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$1.97M	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	-	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	-	USD	Annual
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.88M	shares	Annual
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.90M	shares	Annual
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.88M	shares	Annual
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.93M	shares	Annual

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-46.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.11M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.91M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$42.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$42.00K	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$6.00K	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$5.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$36.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$40.00K	USD	Annual
Gain from disposal of equipment	`GainLossOnDispositionOfAssets1`	$38.00K	USD	Annual
Gain from disposal of equipment	`GainLossOnDispositionOfAssets1`	$10.00K	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$1.96M	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$801.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.23M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.23M	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$-7.00K	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$-17.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$195.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$97.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$266.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$5.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$62.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$25.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$796.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.77M	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.00K	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-152.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$24.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-50.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$80.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$27.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$43.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$167.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$144.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$282.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.36M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.57M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.55M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.42M	USD	Annual
Proceeds from disposal of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00K	USD	Annual
Proceeds from disposal of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$38.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.42M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.51M	USD	Annual
Proceeds under Paycheck Protection Program loans	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Proceeds under Paycheck Protection Program loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$2.77M	USD	Annual
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$1.11M	USD	Annual
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$1.06M	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$334.00K	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$348.00K	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$43.00K	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.40M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.09M	USD	Annual
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.15M	USD	Annual
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-536.00K	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.95M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$147.00K	USD	Annual
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$271.00K	USD	Annual
Operating lease right-of-use assets in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$948.00K	USD	Annual
Operating lease right-of-use assets in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$498.00K	USD	Annual
Finance lease obligations incurred	`CapitalLeaseObligationsIncurred`	$104.00K	USD	Annual
Finance lease obligations incurred	`CapitalLeaseObligationsIncurred`	$391.00K	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$1.13M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$1.16M	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$148.00K	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$65.00K	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$6.00K	USD	Annual
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.00K	USD	Annual
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	24,000.00	shares	Annual
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$43.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-46.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Investment in subsidiary from accredited investors	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$358.00K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time

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