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Segment Information (Tables)
6 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of information by business segment
Information by operating segment is as follows:
(in thousands)Three Months Ended
March 31,
Six Months Ended
March 31,
2024202320242023
Revenues:
Alico Citrus$17,762 $20,937 $31,354 $31,205 
Land Management and Other Operations351 357 744 677 
Total revenues18,113 21,294 32,098 31,882 
Operating expenses:
Alico Citrus36,142 27,520 64,249 41,815 
Land Management and Other Operations129 102 262 196 
Total operating expenses36,271 27,622 64,511 42,011 
Gross profit:
Alico Citrus(18,380)(6,583)(32,895)(10,610)
Land Management and Other Operations222 255 482 481 
Total gross profit$(18,158)$(6,328)$(32,413)$(10,129)
Depreciation, depletion and amortization:
Alico Citrus$3,724 $3,777 $7,451 $7,604 
Land Management and Other Operations17 37 18 
Other Depreciation, Depletion and Amortization57 111 114 225 
Total depreciation, depletion and amortization$3,798 $3,897 $7,602 $7,847 
(in thousands)March 31,
2024
September 30,
2023
Assets:
Alico Citrus$402,546 $415,030 
Land Management and Other Operations12,811 11,722 
Other Corporate Assets1,416 1,601 
Total Assets$416,773 $428,353 
The reconciliations of segment gross profit (loss) to consolidated income (loss) before income taxes are as follows:
Three Months Ended
March 31,
Six Months Ended
March 31,
2024202320242023
Alico Citrus$(18,380)$(6,583)$(32,895)$(10,610)
Land Management and Other Operations222 255 482 481 
Segment gross loss (18,158)(6,328)(32,413)(10,129)
General and administrative expenses2,321 2,667 5,593 5,176 
Loss from operations(20,479)(8,995)(38,006)(15,305)
Other income (expense), net:
Interest income155 — 250 — 
Interest expense(663)(1,274)(2,268)(2,422)
Gain on property and equipment1,574 77,029 4,763 
Other income, net— 30 — 30 
Total other income (expense), net(504)330 75,011 2,371 
(Loss) income before income taxes$(20,983)$(8,665)$37,005 $(12,934)