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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of disaggregation of revenue
(in thousands)Three Months Ended
March 31,
Six Months Ended
March 31,
2024202320242023
Revenue recognized at a point-in-time $16,974 $20,575 $29,959 $30,654 
Revenue recognized over time1,139 719 2,139 1,228 
Total$18,113 $21,294 $32,098 $31,882 
Revenues disaggregated by significant products and services for the three and six months ended March 31, 2024 and 2023 are as follows:
(in thousands)Three Months Ended
March 31,
Six Months Ended
March 31,
2024202320242023
Alico Citrus
Early and Mid-Season$2,139 $2,368 $14,534 $11,954 
Valencias14,732 17,930 14,732 17,930 
Fresh Fruit and Other103 277 693 770 
Grove Management Services788 362 1,395 551 
Total$17,762 $20,937 $31,354 $31,205 
Land Management and Other Operations
Land and Other Leasing$278 $273 $592 $554 
Other73 84 152 123 
Total$351 $357 $744 $677 
Total Revenues$18,113 $21,294 $32,098 $31,882 
Schedule of Short-Term Debt The carrying amounts and estimated fair values (Level 2) of debt instruments are as follows:
(in thousands)March 31, 2024September 30, 2023
Carrying AmountEstimated Fair ValueCarrying AmountEstimated Fair Value
Corporate debt
Current portion of long-term debt$1,410 $1,367 $2,566 $2,325 
Long-term debt$83,452 $75,934 $126,753 $115,851 
Schedule of Revenue by Major Customers by Reporting Segments
Accounts receivable from the Company’s major customer as of March 31, 2024 and September 30, 2023, and revenue from such customer for the six months ended March 31, 2024 and 2023, are as follows:

(in thousands)Accounts ReceivableRevenue% of Total Revenue
March 31,September 30,March 31,March 31,
202420232024202320242023
Tropicana$8,106 $— $28,857 $28,065 89.9 %88.0 %