10-K Filing

AVALON HOLDINGS CORP CIK: 1061069 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001437749-23-007669`
Period End Date	20221231
Filing Date	20230323
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	awx20221231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 32 Cash Flow Statement 74 Stockholders Equity 12

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$260.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$265.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$265.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $260 at December 31, 2022 and $265 at December 31, 2021	`AccountsReceivableNetCurrent`	$11.13M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $260 at December 31, 2022 and $265 at December 31, 2021	`AccountsReceivableNetCurrent`	$9.93M	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$578.00K	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$599.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.10M	USD	Point-in-time
Inventories	`InventoryNet`	$1.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$996.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.17M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$105.00K	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`	$16.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$56.80M	USD	Point-in-time
Leased property under finace leases, net	`FinanceLeaseRightOfUseAsset`	$5.39M	USD	Point-in-time
Leased property under finace leases, net	`FinanceLeaseRightOfUseAsset`	$5.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.39M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.70M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$10.43M	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`	$89.75M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.13M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$503.00K	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$115.00K	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$167.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$534.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$424.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.16M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$989.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$797.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$103.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$67.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$540.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$541.00K	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$3.36M	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$3.64M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$1.26M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$1.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.86M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$29.76M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$19.38M	USD	Point-in-time
Line of credit	`LongTermLineOfCredit`	-	USD	Point-in-time
Line of credit	`LongTermLineOfCredit`	$1.55M	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$496.00K	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$381.00K	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.06M	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$962.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.20M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.75M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.49M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$39.07M	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$-347.00K	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$-92.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$89.75M	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`	$81.18M	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$70.38M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.11M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.48M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.88M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.13M	USD	Annual
Operating income	`OperatingIncomeLoss`	$561.00K	USD	Annual
Operating income	`OperatingIncomeLoss`	$347.00K	USD	Annual
Interest expense	`InterestExpense`	$1.16M	USD	Annual
Interest expense	`InterestExpense`	$1.46M	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$1.96M	USD	Annual
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$369.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$231.00K	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-886.00K	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.74M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$94.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Net income (loss)	`ProfitLoss`	$-980.00K	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`	$-397.00K	USD	Annual
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-583.00K	USD	Annual
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$1.97M	USD	Annual
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	Annual
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	Annual
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	Annual
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	Annual
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.90M	shares	Annual
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.90M	shares	Annual
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.93M	shares	Annual
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.90M	shares	Annual

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Net income (loss)	`ProfitLoss`	$-980.00K	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.11M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.48M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$50.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$42.00K	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$5.00K	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$4.00K	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$36.00K	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$32.00K	USD	Annual
Gain from disposal of equipment	`GainLossOnDispositionOfAssets1`	-	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`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.23M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.23M	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$-7.00K	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$21.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$195.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$356.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$176.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$266.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$25.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$796.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$663.00K	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$192.00K	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$36.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$24.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$80.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$167.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$280.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$144.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$279.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.26M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.36M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.39M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.42M	USD	Annual
Proceeds from disposal of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from disposal of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.42M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.39M	USD	Annual
Proceeds under New Term Loam facility	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds under New Term Loam facility	`ProceedsFromIssuanceOfLongTermDebt`	$31.00M	USD	Annual
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$21.01M	USD	Annual
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$1.11M	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$167.00K	USD	Annual
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$334.00K	USD	Annual
Borrowinings under line of credit facility	`ProceedsFromLinesOfCredit`	$1.55M	USD	Annual
Borrowinings under line of credit facility	`ProceedsFromLinesOfCredit`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$277.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.23M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.09M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.15M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.10M	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`	$4.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	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`	$4.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$168.00K	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`	$427.00K	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`	-	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$1.31M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$1.13M	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$58.00K	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$65.00K	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.14M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.00K	USD	Annual
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.00K	USD	Annual
Investment in subsidiary from accredited investors	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$358.00K	USD	Annual
Investment in subsidiary from accredited investors	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$142.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$1.65M	USD	Annual
Net income (loss)	`ProfitLoss`	$-980.00K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.14M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$38.98M	USD	Point-in-time

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