Note 10 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2023			2022
Current:
Federal	$	(3	)	$	(2	)
State		60			96
Total current income taxes		57			94
Deferred:
Federal		-			-
State		-			-
Total deferred income taxes		-			-
Total provision for income taxes	$	57		$	94

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2023			2022
Deferred tax assets:
Accounts receivable, allowance for doubtful accounts	$	63		$	65
Reserves not deductible until paid		6			7
Net operating loss carryforwards
Federal		2,030			2,081
State		579			494
Federal tax credit		1,261			1,041
Operating lease liabilities		337			345
Section 163(j) business interest expense carryforward		682			269
Other		22			37
Gross deferred tax assets		4,980			4,339
Less valuation allowance		(2,965	)		(2,488	)
Deferred tax assets net of valuation allowance	$	2,015		$	1,851
Deferred tax liabilities:
Property and equipment	$	(1,670	)	$	(1,498	)
Operating lease right of use assets		(337	)		(345	)
Gross deferred tax liabilities	$	(2,007	)	$	(1,843	)
Net deferred tax asset	$	8		$	8

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2023			2022
Loss before income taxes	$	(1,987	)	$	(886	)
Less net loss attributable to non-controlling interest in subsidiary		(269	)		(397	)
Loss before income taxes attributable to
Avalon Holdings Corporation common shareholders		(1,718	)		(489	)
Federal statutory rate		21	%		21	%
Computed Federal provision (benefit) for income taxes		(361	)		(103	)
State income taxes, net of federal income tax benefits		47			76
Change in valuation allowance		477			137
Increase in available federal tax credit		(185	)		(164	)
Other nondeductible expenses		41			39
Adjustment to deferred tax balances		38			109
Total provision for income taxes	$	57		$	94