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Segment Information (Tables)
9 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of information by business segment
Information by operating segment is as follows:
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2024202320242023
Revenues:
Alico Citrus$13,237 $6,712 $44,591 $37,917 
Land Management and Other Operations373 572 1,117 1,249 
Total revenues13,610 7,284 45,708 39,166 
Operating expenses:
Alico Citrus17,813 (8,322)82,062 33,493 
Land Management and Other Operations84 104 346 300 
Total operating expenses17,897 (8,218)82,408 33,793 
Gross profit:
Alico Citrus(4,576)15,034 (37,471)4,424 
Land Management and Other Operations289 468 771 949 
Total gross (loss) profit$(4,287)$15,502 $(36,700)$5,373 
Depreciation, depletion and amortization:
Alico Citrus$3,660 $3,714 $11,111 $11,318 
Land Management and Other Operations23 46 41 
Other Depreciation, Depletion and Amortization46 101 160 326 
Total depreciation, depletion and amortization$3,715 $3,838 $11,317 $11,685 
(in thousands)June 30,
2024
September 30,
2023
Assets:
Alico Citrus$399,984 $415,030 
Land Management and Other Operations13,245 11,722 
Other Corporate Assets1,373 1,601 
Total Assets$414,602 $428,353 
The reconciliations of segment gross profit (loss) to consolidated income (loss) before income taxes are as follows:
Three Months Ended June 30,Nine Months Ended June 30,
2024202320242023
Alico Citrus$(4,576)$15,034 $(37,471)$4,424 
Land Management and Other Operations289 468 771 949 
Segment gross (loss) profit (4,287)15,502 (36,700)5,373 
General and administrative expenses2,441 2,930 8,034 8,106 
(Loss) income from operations(6,728)12,572 (44,734)(2,733)
Other income (expense), net:
Interest income95 — 345 — 
Interest expense(628)(1,196)(2,896)(3,618)
Gain on property and equipment4,491 2,605 81,520 7,368 
Other income, net— 14 — 44 
Total other expense, net3,958 1,423 78,969 3,794 
(Loss) income before income taxes$(2,770)$13,995 $34,235 $1,061