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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 42,073 $ 3,150
Accounts receivable, net 1,610 771
Inventories 2,995 30,084
Income tax receivable 1,062 1,958
Assets held for sale 6,659 3,106
Prepaid expenses and other current assets 1,558 1,558
Total current assets 55,957 40,627
Restricted cash 762 248
Property and equipment, net 149,460 352,733
Goodwill 2,246 2,246
Other non-current assets 2,135 2,865
Total assets 210,560 398,719
Current liabilities:    
Accounts payable 916 3,362
Accrued liabilities 3,313 5,366
Current portion of long-term debt 1,410 1,410
Other current liabilities 330 513
Total current liabilities 5,969 10,651
Long-term debt, net 81,320 82,313
Lines of credit 2,500 8,394
Deferred income tax liabilities, net 4,004 40,873
Other liabilities 67 193
Total liabilities 93,860 142,424
Commitments and Contingencies - Note 13.
Stockholders’ equity:    
Preferred stock, no par value, 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 7,642,085 and 7,628,639 shares outstanding at June 30, 2025 and September 30, 2024, respectively 8,416 8,416
Additional paid in capital 20,333 20,184
Treasury stock, at cost, 774,060 and 787,506 shares held at June 30, 2025 and September 30, 2024, respectively (26,284) (26,694)
Retained earnings 109,266 249,253
Total Alico stockholders’ equity 111,731 251,159
Noncontrolling interest 4,969 5,136
Total stockholders’ equity 116,700 256,295
Total liabilities and stockholders’ equity $ 210,560 $ 398,719