Overview
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- TickerAWX on NYSE1
- IndustryRefuse Systems1
- HeadquartersWarren, Ohio1
- Incorporated inOH3
- Business addressOne American Way, Warren, Oh 444843
- Filer categoryNon-accelerated filer, Smaller reporting company3
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Avalon Holdings Corporation (“Avalon” or the “Company”) was formed on April 30, 1998 as a subsidiary of American Waste Services, Inc. (“AWS”). On June 17, 1998, AWS distributed, as a special dividend, all of the outstanding shares of capital stock of Avalon to the holders of AWS common stock on a pro rata and corresponding basis (the “Spin-off”). The history and organization of the remaining operations, some of which were contributed to Avalon as a result of the Spin-off, are described below.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Waste Management Services brought in 55% of the revenue AVALON HOLDINGS CORP broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Waste Management Services | $45.9M | $46.0M |
| Golf and Related Operations | $37.9M | $37.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue80¢$67.2M
- Selling, general and admin13¢$10.5M
- Other costs6¢$5.4M
- Income tax0¢$82.0K
- Profit0¢$321.0K
Out of $83.5M in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending46¢$1.7M
- Kept or used elsewhere54¢$2.1M
Out of $3.8M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Operating revenues | $83.5M | $83.8M |
| Operating costs | $67.2M | $66.6M |
| Depreciation and amortization expense | $3.8M | $3.9M |
| Selling, general and administrative expenses | $10.5M | $10.2M |
| Operating income | $2.0M | $3.1M |
| Interest expense, net | -$2.0M | -$2.0M |
| Other income, net | $0 | $7.0K |
| Income before income taxes | -$17.0K | $1.0M |
| Provision for income taxes | $82.0K | $90.0K |
| Net income | -$99.0K | $952.0K |
| Less net loss attributable to non-controlling interest in subsidiaries | -$420.0K | -$366.0K |
| Net income attributable to Avalon Holdings Corporation common shareholders | $321.0K | $1.3M |
| Basic net income per share (in dollars per share) | $0.08 | $0.34 |
| Weighted average shares outstanding - basic (in shares) | 3.9M shares | 3.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.1M | $2.8M | |
| Accounts receivable, less allowance for credit losses of $240 at December 31, 2025 and $260 at December 31, 2024 | $9.8M | $8.6M | |
| Unbilled membership dues receivable | $541.0K | $582.0K | |
| Inventories | $1.6M | $1.6M | |
| Prepaid expenses | $919.0K | $1.0M | |
| Other current assets | $15.0K | $15.0K | |
| Total current assets | $17.0M | $14.6M | |
| Property and equipment, net | $54.0M | $55.6M | |
| Property and equipment under finance leases, net | $6.3M | $5.6M | |
| Operating lease right-of-use assets | $1.4M | $1.4M | |
| Restricted cash | $8.7M | $9.0M | |
| Noncurrent deferred tax asset | $32.0K | $27.0K | |
| Other assets, net | $28.0K | $33.0K | |
| Total assets | $87.4M | $86.2M | |
| Current portion of long-term debt | $614.0K | $575.0K | |
| Current portion of obligations under finance leases | $384.0K | $201.0K | |
| Current portion of obligations under operating leases | $362.0K | $365.0K | |
| Accounts payable | $8.0M | $7.1M | |
| Accrued payroll and other compensation | $1.2M | $1.1M | |
| Accrued taxes | $660.0K | $594.0K | |
| Deferred membership dues revenue | $3.5M | $3.5M | |
| Other liabilities and accrued expenses | $2.1M | $2.0M | |
| Total current liabilities | $16.8M | $15.5M | |
| Long-term debt, net of current portion | $28.0M | $28.6M | |
| Line of credit | $3.2M | $3.2M | |
| Obligations under finance leases, net of current portion | $1.2M | $707.0K | |
| Obligations under operating leases, net of current portion | $1.0M | $1.0M | |
| Asset retirement obligation | $100.0K | $100.0K | |
| Paid-in capital | $59.2M | $59.2M | |
| Accumulated deficit | -$20.9M | -$21.2M | |
| Total Avalon Holdings Corporation Shareholders' Equity | $38.4M | $38.0M | |
| Non-controlling interest in subsidiaries | -$1.4M | -$982.0K | |
| Total equity | $37.0M | $37.1M | $36.1M |
| Total liabilities and equity | $87.4M | $86.2M | |
| Accounts Receivable, Allowance for Credit Loss, Current | $240.0K | $260.0K | $260.0K |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.1M | $2.8M | |
| Accounts receivable, less allowance for credit losses of $240 at December 31, 2025 and $260 at December 31, 2024 | $9.8M | $8.6M | |
| Unbilled membership dues receivable | $541.0K | $582.0K | |
| Inventories | $1.6M | $1.6M | |
| Prepaid expenses | $919.0K | $1.0M | |
| Other current assets | $15.0K | $15.0K | |
| Total current assets | $17.0M | $14.6M | |
| Property and equipment, net | $54.0M | $55.6M | |
| Property and equipment under finance leases, net | $6.3M | $5.6M | |
| Operating lease right-of-use assets | $1.4M | $1.4M | |
| Restricted cash | $8.7M | $9.0M | |
| Noncurrent deferred tax asset | $32.0K | $27.0K | |
| Other assets, net | $28.0K | $33.0K | |
| Total assets | $87.4M | $86.2M | |
| Current portion of long-term debt | $614.0K | $575.0K | |
| Current portion of obligations under finance leases | $384.0K | $201.0K | |
| Current portion of obligations under operating leases | $362.0K | $365.0K | |
| Accounts payable | $8.0M | $7.1M | |
| Accrued payroll and other compensation | $1.2M | $1.1M | |
| Accrued taxes | $660.0K | $594.0K | |
| Deferred membership dues revenue | $3.5M | $3.5M | |
| Other liabilities and accrued expenses | $2.1M | $2.0M | |
| Total current liabilities | $16.8M | $15.5M | |
| Long-term debt, net of current portion | $28.0M | $28.6M | |
| Line of credit | $3.2M | $3.2M | |
| Obligations under finance leases, net of current portion | $1.2M | $707.0K | |
| Obligations under operating leases, net of current portion | $1.0M | $1.0M | |
| Asset retirement obligation | $100.0K | $100.0K | |
| Paid-in capital | $59.2M | $59.2M | |
| Accumulated deficit | -$20.9M | -$21.2M | |
| Total Avalon Holdings Corporation Shareholders' Equity | $38.4M | $38.0M | |
| Non-controlling interest in subsidiaries | -$1.4M | -$982.0K | |
| Total equity | $37.0M | $37.1M | $36.1M |
| Total liabilities and equity | $87.4M | $86.2M | |
| Accounts Receivable, Allowance for Credit Loss, Current | $240.0K | $260.0K | $260.0K |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | -$99.0K | $952.0K |
| Depreciation and amortization expense | $3.8M | $3.9M |
| Amortization of debt issuance costs | $60.0K | $60.0K |
| Provision for losses on accounts receivable | $175.0K | $64.0K |
| Gain on disposal of equipment | $0 | -$7.0K |
| Accounts receivable | -$1.4M | $840.0K |
| Unbilled membership dues receivable | $41.0K | -$15.0K |
| Inventories | $3.0K | $104.0K |
| Prepaid expenses | $84.0K | $113.0K |
| Other assets, net | $5.0K | $2.0K |
| Accounts payable | $834.0K | -$2.7M |
| Accrued payroll and other compensation | $180.0K | -$213.0K |
| Accrued taxes | $66.0K | $55.0K |
| Deferred membership dues revenue | $5.0K | $81.0K |
| Other liabilities and accrued expenses | $30.0K | $199.0K |
| Net cash provided by operating activities | $3.8M | $3.4M |
| Noncurrent deferred tax asset, net | -$5.0K | -$19.0K |
| Capital expenditures | -$1.7M | -$2.3M |
| Proceeds from disposal of equipment | $0 | $7.0K |
| Net cash used in investing activities | -$1.7M | -$2.2M |
| Principal payments on term loan facilities | -$635.0K | -$597.0K |
| Principal payments on finance lease obligations | -$338.0K | -$221.0K |
| Net cash used in financing activities | -$973.0K | -$818.0K |
| Increase in cash, cash equivalents and restricted cash | $1.1M | $309.0K |
| Capital expenditures included in accounts payable | $34.0K | $208.0K |
| Operating lease right-of-use assets in exchange for lease obligations | $440.0K | $684.0K |
| Finance lease obligation incurred | $1.1M | $333.0K |
| Cash paid during the period for interest | $2.0M | $2.2M |
| Cash paid during the period for income taxes | $93.0K | $54.0K |
No quarter-by-quarter statement was filed.
Corporate structure
AVALON HOLDINGS CORP sits at the top of its group. 20 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of AVALON HOLDINGS CORP
- Anil Choudary Nalluri Filed SCHEDULE 13D/A on AVALON HOLDINGS CORP, latest Jul 10, 2025
- NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80 Filed SCHEDULE 13D/A on AVALON HOLDINGS CORP, latest May 22, 2025 (7 filings since Apr 18, 2022)
- AVALON HOLDINGS CORP Warren, Ohio
- • American Construction Supply, Inc. Subsidiary · Ohio, United States
- • American Landfill Management, Inc. Subsidiary · Ohio, United States
- • American Waste Management Services, Inc. Subsidiary · Ohio, United States
- • Avalon Cigar Shop, Inc. Subsidiary · Ohio, United States
- • Avalon Clubs and Resorts, Inc. Subsidiary · Ohio, United States
- • Avalon Clubs, Inc. Subsidiary · Ohio, United States
- • Avalon Country Club at Sharon, Inc. Subsidiary · Pennsylvania, United States
- • Avalon Dermatology, LLC Subsidiary · Ohio, United States
- • Avalon Golf and Country Club, Inc. Subsidiary · Ohio, United States
- • Avalon Lakes Golf, Inc. Subsidiary · Ohio, United States
- • Avalon Mahoning Sports Center, Inc. Subsidiary · Ohio, United States
- • Avalon Med Spa, LLC Subsidiary · Ohio, United States
- • Avalon Resorts, Inc. Subsidiary · Ohio, United States
- • AWMS Holdings, LLC Subsidiary · Ohio, United States
- • AWMS Rt. 169, LLC Subsidiary · Ohio, United States
- • AWMS Water Solutions, LLC Subsidiary · Ohio, United States
- • Havana Cigar Company Subsidiary · Pennsylvania, United States
- • TBG, Inc. Subsidiary · Ohio, United States
- • The Avalon Resort and Spa LLC Subsidiary · Ohio, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What AVALON HOLDINGS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $96.3M2 Dec 31, 2025 | $94.4M2 Dec 31, 2024 | +2.0% |
| Accumulated depreciation | $42.3M2 Dec 31, 2025 | $38.8M2 Dec 31, 2024 | +9.1% |
| Property and equipment, net | $54.0M2 Dec 31, 2025 | $55.6M2 Dec 31, 2024 | −2.9% |
| Finance-lease assets | $6.3M2 Dec 31, 2025 | $5.6M2 Dec 31, 2024 | +11.0% |
| Operating-lease assets (leased space) | $1.4M2 Dec 31, 2025 | $1.4M2 Dec 31, 2024 | −0.3% |
Investments
Inventory
Properties, in its own words
Avalon owns a 37,000 square foot headquarters building located on approximately 5.6 acres of property in Warren, Ohio adjacent to the Avalon Lakes Golf Course. The corporate and administrative offices of ALMI, AWMS and all the golf operations are located at the headquarters building of Avalon in Warren, Ohio. Avalon’s corporate headquarters building also includes a clubhouse, restaurant, golf simulators, pro shop for the Avalon Golf and Country Club at Avalon Lakes Golf Course a medical spa and a dermatology center.
ALGI owns an 18-hole golf course and practice facility on approximately 200 acres, a maintenance and storage building of approximately 12,000 square feet and a restaurant building of approximately 10,400 square feet. All of ALGI’s facilities are located in Warren, Ohio.
The rest of Item 2
TBG, Inc. leases and operates the Avalon Golf and Country Club at Squaw Creek in Vienna, Ohio, which includes an 18-hole golf course and practice facility on approximately 224 acres, an outdoor swimming pool, 4 outdoor tennis courts, 4 indoor tennis courts and a 67,000 square foot clubhouse that includes a pro shop, fitness center, restaurants and banquet facilities.
Avalon Country Club at Sharon, Inc. owns an 18-hole golf course on approximately 130 acres in Hermitage, Pennsylvania. The clubhouse and recreational facilities are approximately 80,000 square feet and include a pro shop, dining and banquet facilities, an outdoor swimming pool, a salon and spa and fitness center.
The Avalon Resort and Spa LLC owns a 146,000 square foot hotel that includes an indoor junior Olympic size swimming pool, outdoor resort pool, Roman Bath, fitness center, cigar lounge, salon and spa, dining, banquet and conference facilities, a separate banquet facility of approximately 7,000 square feet, an indoor recreation center and 3 indoor tennis courts of approximately 4,500 square feet. The Grand Resort is located on approximately 9.3 acres in Warren, Ohio adjacent to the Avalon Lakes Golf Course.
Havana Cigar Shop, Inc. owns an 18-hole golf course located on approximately 200 acres in New Castle, Pennsylvania. The clubhouse is approximately 20,000 square feet and includes a pro shop, dining and banquet facilities.
The Avalon Mahoning Sports Center, Inc. owns a 55,000 square foot tennis and athletic facility that includes 6 indoor tennis, basketball, volleyball and pickelball courts and a fitness area, on approximately 3.5 acres in Youngstown, Ohio.
The captive landfill management operations use four pieces of equipment (bulldozers, excavators and backhoes) and two pieces of rolling stock, all of which are owned or leased by ALMI.
AWMS Rt. 169, LLC leases 5.2 acres on which the salt water injection wells and related facilities are located.
Generally, Avalon’s fixed assets are in good condition and are satisfactory for the purposes for which they are intended.
Item 2 of the 10-K filed Mar 19, 2026.5
Leadership
Who has led AVALON HOLDINGS CORP, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
- PresidentChristine Bell Nov 26, 2018 to Nov 26, 201816
- Chief financial officerBryan Saksa Mar 22, 2016 to Dec 30, 202017
- Chief financial officerTimothy C. Coxson Apr 4, 2012 to Apr 4, 201218
Board members and other officers (6)
- OfficerKenneth J. McMahon Apr 4, 2012 to Nov 13, 201819
- Board memberTimothy C. Coxson Nov 13, 2020 to Nov 13, 202020
- Board memberStephen L. Gordon Apr 4, 2012 to Nov 13, 201821
- Board memberRobert Michael Arnoni Jan 26, 2007 to Jan 30, 200722
- Board memberKurtis Dean Gramley May 4, 2007 to Nov 13, 201823
- Board memberDavid G. Bozanich May 7, 2007 to Apr 3, 201224
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- • AWMS Holdings, LLC Ohio4
- • AWMS Rt. 169, LLC Ohio4
- • AWMS Water Solutions, LLC Ohio4
- • American Construction Supply, Inc. Ohio4
- • American Landfill Management, Inc. Ohio4
- • American Waste Management Services, Inc. Ohio4
- • Avalon Cigar Shop, Inc. Ohio4
- • Avalon Clubs and Resorts, Inc. Ohio4
- • Avalon Clubs, Inc. Ohio4
- • Avalon Country Club at Sharon, Inc. Pennsylvania4
- • Avalon Dermatology, LLC Ohio4
- • Avalon Golf and Country Club, Inc. Ohio4
- • Avalon Lakes Golf, Inc. Ohio4
- • Avalon Mahoning Sports Center, Inc. Ohio4
- • Avalon Med Spa, LLC Ohio4
- • Avalon Resorts, Inc. Ohio4
- • Havana Cigar Company Pennsylvania4
- • TBG, Inc. Ohio4
- • The Avalon Resort and Spa LLC Ohio4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 13, 20268-K Entered a material agreement25
- May 6, 20268-K Shareholder vote26
- Sep 24, 20258-K Entered a material agreement27
- May 8, 20258-K Shareholder vote28
- Sep 24, 20248-K Entered a material agreement29
- May 9, 20248-K Shareholder vote30
- Jan 25, 20248-K Other events31
- Sep 19, 20238-K Entered a material agreement32
- Jun 28, 20238-K Executive or director change33
- May 11, 20238-K Shareholder vote34
- Apr 28, 20238-K Executive or director change; Regulation FD disclosure35
- Dec 21, 20228-K Other events36
Calendar
Coming up
- Nov 6, 2026Reports results for the quarter ending Sep/202637
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
49 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 15 major events, 8 large holders, 6 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Aug 7, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- May 5, 202610-Q EDGAR
- Mar 20, 2026DEF 14A EDGAR
- Mar 19, 202610-K EDGAR
- Feb 13, 2026144 EDGAR
- Nov 7, 202510-Q EDGAR
- Sep 24, 20258-K EDGAR
- Aug 8, 202510-Q EDGAR
- Jul 10, 2025SCHEDULE 13D/A EDGAR
- May 22, 2025SCHEDULE 13D/A EDGAR
- May 8, 20258-K EDGAR
- May 7, 202510-Q EDGAR
- Mar 21, 2025DEF 14A EDGAR
- Mar 20, 202510-K EDGAR
- Nov 8, 202410-Q EDGAR
- Sep 24, 20248-K EDGAR
- Aug 16, 2024SC 13D/A EDGAR
- Aug 8, 202410-Q EDGAR
The 49 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Anil Choudary NalluriSCHEDULE 13D/A, 1 filing Jul 10, 202538
- NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80SCHEDULE 13D/A, 7 filings Apr 18, 2022 to May 22, 202539
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | 75,897 | $189.0K | 0.0% | No change |
| Renaissance Technologies LLC | 70,810 | $176.3K | 0.0% | −5,172 |
| Raffles Associates LP | 51,936 | $129.3K | 0.1% | +26,722 |
| Wittenberg Investment Management, Inc. | 36,784 | $91.6K | 0.0% | No change |
| Bridgeway Capital Management, LLC | 20,800 | $51.8K | 0.0% | No change |
| Citadel Advisors LLC | 17,855 | $44.5K | 0.0% | New |
| LPL Financial LLC | 16,538 | $41.2K | 0.0% | No change |
| Vanguard Capital Management LLC | 10,649 | $26.5K | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 7,743 | $19.3K | 0.0% | No change |
| BlackRock, Inc. | 250 | $623 | 0.0% | No change |
| Jfs Wealth Advisors, LLC | 239 | $596 | 0.0% | No change |
| Country Trust Bank | 125 | $311 | 0.0% | New |
| Fmr LLC | 100 | $249 | 0.0% | No change |
| Hrt Financial LP | 10,844 | $27 | 0.0% | New |
| UBS Group AG | 6 | $15 | 0.0% | −133 |
| Citigroup Inc | 1 | $2 | 0.0% | No change |
| Wells Fargo & Company/mn | 0 | $1 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How AVALON HOLDINGS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAVALON HOLDINGS CORP1
- CIK0001061069
- Employer ID (EIN)34-18638895
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inOhio5
- Fiscal year endsDecember 311
- Industry code (SIC)4953 Refuse Systems1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressOne American Way, Warren, OH 444841
- Phone33085688001
- Shares outstanding3,287,647 Common Class A shares; 611,784 Common Class B shares as of Mar 9, 20265
- Public float$8.0M as of Mar 9, 20265
- On EDGAR sinceMay 8, 19981
- Filings439 in all: 10-Q (85), 8-K (80), SC 13D/A (52), 4 (46), SC 13G/A (43), DEF 14A (29), 10-K (24), SC 13G (20)1
All 24 form types
3 (9), SC 13D (9), UPLOAD (7), 10-K/A (5), 5 (5), CORRESP (5), 10-K405 (4), 4/A (4), 10-Q/A (2), DEFA14A (2), S-8 (2), SCHEDULE 13D/A (2), 10-12B (1), 144 (1), NO ACT (1), REGDEX (1)
- Latest filingsAnnual report (10-K) Mar 19, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Mar 20, 2026
Latest 8-K (8-K) Oct 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, $.01 par value | AWX | NYSE |
From the cover page of the 10-K filed Mar 19, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks AVALON HOLDINGS CORP names in Item 1A of its 10-K filed Mar 19, 2026: 10 risks under these headings, as written.5
- Voting control by management
- Certain anti-takeover provisions of Articles of Incorporation, Code of Regulations and Ohio Law
- Dividend policy
- Avalon’s market for shares may be subject to greater volatility and limited daily activity
- Government regulations
- Legal matters
- Credit and collections
- Competitive pressures
- Unfavorable general economic conditions could adversely affect our business and financial results
- Numerous economic factors, including a recession, other economic downturns, inflation and the potential for a decrease in consumer spending, could adversely affect us
- Challenges with respect to labor, including availability and cost, could impact our business and results of operations
- Changes in commodity and other operating costs could adversely affect our results of operations
The other 4 risks
- Effective succession planning is important to our continued success
- A majority of Avalon’s business is not subject to long-term contracts
- Avalon's loan and security agreement may obligate it to repay debt before its maturity
- Golf memberships and liquor licenses
- Environmental liabilities
- Saltwater disposal wells
- Changes in laws, regulations and accounting standards
- Accounting estimates and judgments
- Long-lived asset impairment
Legal proceedings
In the ordinary course of conducting its business, Avalon becomes involved in lawsuits, administrative proceedings and governmental investigations, including those related to environmental matters. Some of these proceedings may result in fines, penalties or judgments being assessed against Avalon which, from time to time, may have an impact on its business and financial condition. Although the outcome of such lawsuits or other proceedings cannot be predicted with certainty, Avalon does not believe that any uninsured ultimate liabilities, fines or penalties resulting from such pending proceedings, individually or in the aggregate, would have a material adverse effect on its liquidity, financial position or results of operations. See Item 1. “Business—Insurance.”
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARChristine Bell, President
- 17SEC EDGARBryan Saksa, Chief financial officer
- 18
- 19SEC EDGARKenneth J. McMahon, Officer
- 20SEC EDGARTimothy C. Coxson, Board member
- 21SEC EDGARStephen L. Gordon, Board member
- 22SEC EDGARRobert Michael Arnoni, Board member
- 23SEC EDGARKurtis Dean Gramley, Board member
- 24SEC EDGARDavid G. Bozanich, Board member
- 25SEC EDGAREntered a material agreement
- 26SEC EDGARShareholder vote
- 27SEC EDGAREntered a material agreement
- 28SEC EDGARShareholder vote
- 29SEC EDGAREntered a material agreement
- 30SEC EDGARShareholder vote
- 31SEC EDGAROther events
- 32SEC EDGAREntered a material agreement
- 33SEC EDGARExecutive or director change
- 34SEC EDGARShareholder vote
- 35
- 36SEC EDGAROther events
- 37NasdaqNasdaq calendar
- 38
- 39
- 40