WARREN, Ohio, Aug. 8, 2025 /PRNewswire/ — Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the second quarter of 2025.

Net operating revenues in the second quarter of 2025 were $20.3 million compared with $23.1 million in the second quarter of 2024. The Company recorded net income attributable to Avalon Holdings Corporation common shareholders of $0.3 million in the second quarter of 2025 compared with net income attributable to Avalon Holdings Corporation common shareholders of $1.0 million in the second quarter of 2024. For the second quarter of 2025, basic net income per share attributable to Avalon Holdings Corporation common shareholders was $0.07 compared with basic net income per share attributable to Avalon Holdings Corporation common shareholders of $0.24 in the second quarter of 2024.

For the first six months of 2025, net operating revenues were $36.3 million compared with $41.9 million for the first six months of 2024. The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of approximately $1.2 million in the first six months of 2025 compared with net loss attributable to Avalon Holdings Corporation common shareholders of $25,000 in the first six months of 2024. For the first six months of 2025, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.31 compared with basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.01 in the first six months of 2024.

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, captive landfill management services and salt water injection well operations. Avalon Holdings Corporation also owns Avalon Resorts and Clubs Inc., which includes the operation of a hotel and its associated resort amenities, four golf courses and related country clubs and a multipurpose recreation center.

 

AVALON HOLDINGS CORPORATION AND SUBSIDIARIES

Condensed Consolidated Statements of Operations (Unaudited)

(in thousands, except for per share amounts)

Three Months Ended

Six Months Ended 

June 30,

June 30,

2025

2024

2025

2024

Net operating revenues:

Waste management services

$            9,742

$          12,220

$          19,419

$          24,690

Food, beverage and merchandise sales

3,760

3,996

5,784

6,007

Other golf and related operations

6,750

6,841

11,117

11,218

Total golf and related operations

10,510

10,837

16,901

17,225

Total net operating revenues

20,252

23,057

36,320

41,915

Costs and expenses:

Waste management services operating costs

7,489

9,527

15,071

19,424

Cost of food, beverage and merchandise

1,717

1,682

2,730

2,707

Golf and related operations operating costs

6,878

6,744

11,975

11,617

Depreciation and amortization expense

965

1,002

1,935

1,982

Selling, general and administrative expenses

2,453

2,654

5,010

5,251

Operating income (loss)

750

1,448

(401)

934

Other income (expense):

Interest expense

(510)

(521)

(1,020)

(1,028)

Other income, net

7

Income (loss) before income taxes

240

927

(1,421)

(87)

Provision for income taxes

29

44

54

84

Net income (loss)

211

883

(1,475)

(171)

Less net loss attributable to non-controlling interest in subsidiary

(63)

(71)

(250)

(146)

Net income (loss) attributable to Avalon Holdings Corporation common shareholders

$               274

$               954

$           (1,225)

$               (25)

Income (loss) per share attributable to Avalon Holdings Corporation common shareholders:

Basic and diluted net income (loss) per share

$              0.07

$              0.24

$            (0.31)

$            (0.01)

Weighted average shares outstanding – basic and diluted

3,899

3,899

3,899

3,899

 

AVALON HOLDINGS CORPORATION AND SUBSIDIARIES

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands)

June 30,

December 31,

2025

2024

Assets

Current Assets:

Cash and cash equivalents

$               3,714

$               2,803

Accounts receivable, net

9,907

8,595

Unbilled membership dues receivable

1,037

582

Inventories

1,807

1,558

Prepaid expenses

775

1,003

Other current assets

15

15

Total current assets

17,255

14,556

Property and equipment, net

54,583

55,582

Property and equipment under finance leases, net

5,924

5,647

Operating lease right-of-use assets

1,269

1,383

Restricted cash

8,971

8,958

Noncurrent deferred tax asset

27

27

Other assets, net

26

33

Total assets

$             88,055

$             86,186

Liabilities and Equity

Current liabilities:

Current portion of long term debt

$                  594

$                  575

Current portion of obligations under finance leases

278

201

Current portion of obligations under operating leases

364

365

Accounts payable

7,652

7,116

Accrued payroll and other compensation

1,528

1,064

Accrued taxes

451

594

Deferred membership dues revenue

5,734

3,524

Other liabilities and accrued expenses

2,306

2,024

Total current liabilities

18,907

15,463

Long term debt, net of current portion

28,344

28,646

Line of credit

3,200

3,200

Obligations under finance leases, net of current portion

1,022

707

Obligations under operating leases, net of current portion

905

1,018

Asset retirement obligation

100

100

Equity:

Total Avalon Holdings Corporation Shareholders’ Equity

36,809

38,034

Non-controlling interest in subsidiary

(1,232)

(982)

Total shareholders’ equity

35,577

37,052

Total liabilities and equity

$             88,055

$             86,186

 

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SOURCE Avalon Holdings Corporation

SAN ANTONIO, Aug. 8, 2025 /PRNewswire/ — Weisinger Law Firm, a premier estate planning and probate law firm based in San Antonio, is pleased to announce the winners of its 2025 Community Involvement Scholarship.

This year’s scholarships were awarded to four exceptional Texas students: two students received $1,000, and two students received $500. The selected winners of these scholarships were: Caleb Love, Kristen Nemain, Olivia Sacks, and Emerie McCann.

The Weisinger Law Firm Scholarship was established to honor students who have shown a deep commitment to improving their communities through volunteer work and civic engagement. Applicants were asked to submit a 500-word essay reflecting on their service, along with photos and documentation of their efforts.

“Each year, we’re humbled by the stories students share about the work they’re doing in their communities,” said Managing Attorney Charlie Weisinger, a Board Certified specialist in Estate Planning and Probate Law. “As someone who worked for years before going back to school full-time, I understand the value of education and the life-changing power of community support. These students aren’t just preparing for college—they’re actively shaping the world around them.”

Weisinger Law Firm hosted a scholarship ceremony to celebrate this year’s recipients and to acknowledge their contributions. The firm hopes this award encourages students to continue their service and inspires others to make a difference in their local communities.

For more information about the Weisinger Law Firm Scholarship, visit www.weisingerlawfirm.com.

Media Contact:

Olivia Weisinger

210-308-0800

Olivia@weisingerlawfirm.com

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SOURCE Weisinger Law Firm

SANTA BARBARA, Calif., Aug. 8, 2025 /PRNewswire/ — The countdown is on! In just 15 days, the Pacific Pride Festival returns to Chase Palm Park Field on Saturday, August 23rd from 11AM–7PM, marking 50 years of Pride on the Central Coast.

This year’s theme, “Rooted in Pride: Embracing Our Past – Empowering Our Future,” honors the resilience and joy of the LGBTQ+ community while looking boldly toward what’s next.

The free, all-ages event will feature over 30 stage performances, immersive art installations, and a full day of community celebration, including:

  • A headlining performance by drag superstar Jessica Wild (RuPaul’s Drag Race), bringing electrifying energy to the main stage.

  • Performances by Mariachi Arcoiris de Los Angeles, the world’s first LGBTQ+ mariachi band, along with Samulous, East Valley Road, Santa Barbara Gay Men’s Chorus, and more.

  • Live DJs, local and regional talent, and nonstop entertainment throughout the day.

The festival will be hosted by Santa Barbara’s very own Vivian Storm and drag icon Jackette Knightly, who will guide audiences through a packed schedule of performances, laughs, and celebration.

Families will enjoy an expanded Family Zone with a dedicated Kids Stage offering storytelling, karaoke, and dancing, while adults can relax in the 21+ Beer & Wine Garden and explore over 70 vendors, food trucks, and community resources.

Attendees will also experience powerful visual storytelling through art installations in collaboration with Quilt Project Gold Coast and the Santa Barbara Museum of Art (SBMA).

“We are proud to celebrate half a century of Pride on the Central Coast,” said Julio Roman, Executive Director of Pacific Pride Foundation. “This festival is more than a party — it’s a declaration of visibility, unity, and love for our LGBTQ+ family and allies.”

The event is free to attend and open to everyone. To view updates, stage schedules, and get involved, visit www.pacificpridefoundation.org or follow @pacificpridefdn on social media.

Media Contact:
Pacific Pride Foundation
Julio@pacificpridefoundation.org
(805) 963-3636

*A media tent will be made available for all attending media outlets, come join us!

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SOURCE Pacific Pride Foundation

COLLEGE PARK, Md., Aug. 8, 2025 /PRNewswire/ — A free online certificate course focused on artificial intelligence for career development from the University of Maryland’s Robert H. Smith School of Business has drawn more than 25,000 learners worldwide.

Artificial Intelligence and Career Empowerment was launched in May 2025. Smith’s Office of Executive Education, which provides business education for local companies and individual learners around the world, facilitates the offering. The course is specifically designed for those transitioning from the federal civil service—to help build AI literacy, explore job opportunities and navigate career transitions with expert guidance—but it is free and open to all.

In addition to transitioning federal workers, learners worldwide have used the course to empower their careers with AI, including Surbhi Sethi, an Atlanta-based AI education teaching and learning consultant. “I am incredibly proud to share that I am part of the first graduating cohort of the new AI and Career Empowerment certificate program from the University of Maryland’s Robert H. Smith School of Business,” she says. “This was a phenomenal experience… A huge heartfelt ‘thank you’ to the brilliant faculty who collaborated to design and deliver this incredible learning journey.”

Balaji Padmanabhan, director of Smith’s Center for Artificial Intelligence in Business, initiated the course of 10 self-paced modules taught by top Smith faculty: “AI Literacy, Capabilities, Building AI Systems” (Padmanabhan), “The Marketing Revolution” (Bobby Zhou and Yogesh Joshi), “AI and Organizations” (Anil K Gupta), “AI and Supply Chain” (Suresh Acharya and Humberto Coronado), “Responsible AI,” (Margrét Bjarnadóttir), “AI in Financial Services” (Tania Babina). “Being your own Startup” (Oliver Schlake), “Negotiating from a Position of Weakness” (Rellie Derfler-Rozin and Vijaya Venkataramani) “Job Search in the Age of AI” (Kim Rice DeGross) and “The Road Ahead” (Padmanabhan).

“We are deeply grateful to our 10 world-class faculty for creating high-impact content that builds AI literacy and prepares the workforce for the future,” said Smith School Dean Prabhudev Konana. “Their work is key to enhancing employability and driving economic growth in Maryland and the region—reflecting our deep commitment to developing a future-ready workforce.”

To enroll or for more information, go to the Free Online Certificate in Artificial Intelligence and Career Empowerment website.

About the University of Maryland’s Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

Contact: Greg Muraski, gmurask@umd.edu

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SOURCE University of Maryland’s Robert H. Smith School of Business

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