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Midas Edge

AVALON HOLDINGS CORP

For the period ended Dec 31, 2025. Filed Mar 19, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 19, 2026

AWX$2.76+8.2%Stored close · as of Nov 9, 2026

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Contents

EX-13.1 · Operating Leases

Operating Leases

Avalon leases golf carts and associated GPS equipment, machinery and equipment for the landfill operations, furniture and office copiers under operating leases. Our operating leases have remaining lease terms ranging from less than 1 year to 5.0 years. The weighted average remaining lease term on operating leases was approximately 3.9 years and 4.0 years at December 31, 2025 and 2024, respectively.

During 2025, the Company entered into new operating lease agreements for a shuttle bus and golf carts. The Company recorded operating lease right-of-use assets and corresponding obligations under the operating leases of approximately $0.4 million. During 2024, the Company entered into new operating lease agreements for a golf carts and equipment. The Company recorded operating lease right-of-use assets and corresponding obligations under the operating leases of approximately $0.7 million.

Leased property and associated obligations under operating leases at December 31, 2025 and 2024 consists of the following (in thousands):

20252024
Operating lease right-of-use assets$1,379$1,383
Current portion of obligations under operating leases$362$365
Long-term portion of obligations under operating leases1,0171,018
Total obligations under operating leases$1,379$1,383

The weighted average discount rate on operating leases was 7.0% at December 31, 2025 and 6.6% at December 31, 2024.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.