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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Revenue recognized at a point-in-time$7,798 $12,291 $40,496 $42,250 
Revenue recognized over time592 1,319 2,768 3,458 
Total$8,390 $13,610 $43,264 $45,708 
Revenues disaggregated by significant products and services for the three and nine months ended June 30, 2025 and 2024 are as follows:
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Alico Citrus
Early and Mid-Season$— $— $15,577 $14,534 
Valencias7,795 12,183 24,088 26,915 
Fresh Fruit and Other108 831 801 
Grove Management Services946 888 2,341 
Total$7,805 $13,237 $41,384 $44,591 
Land Management and Other Operations
Land and Other Leasing$496 $302 $1,649 $894 
Other89 71 231 223 
Total$585 $373 $1,880 $1,117 
Total Revenues$8,390 $13,610 $43,264 $45,708 
Schedule of Revenues Disaggregated by Significant Products and Services
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Revenue recognized at a point-in-time$7,798 $12,291 $40,496 $42,250 
Revenue recognized over time592 1,319 2,768 3,458 
Total$8,390 $13,610 $43,264 $45,708 
Revenues disaggregated by significant products and services for the three and nine months ended June 30, 2025 and 2024 are as follows:
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Alico Citrus
Early and Mid-Season$— $— $15,577 $14,534 
Valencias7,795 12,183 24,088 26,915 
Fresh Fruit and Other108 831 801 
Grove Management Services946 888 2,341 
Total$7,805 $13,237 $41,384 $44,591 
Land Management and Other Operations
Land and Other Leasing$496 $302 $1,649 $894 
Other89 71 231 223 
Total$585 $373 $1,880 $1,117 
Total Revenues$8,390 $13,610 $43,264 $45,708 
Schedule of Restricted Cash
Restricted Cash

(in thousands)June 30,
2025
September 30,
2024
Cash and cash equivalents$42,073 $3,150 
Restricted cash (a)
762 248 
Cash and cash equivalents and restricted cash$42,835 $3,398 
a.    Restricted cash represents Cash-Secured Irrevocable Standby Letters of Credit of $762 to secure certain contractual obligations at June 30, 2025 and Cash-Secured Irrevocable Standby Letters of Credit of $248 to secure certain contractual obligations at September 30, 2024.
Schedule of Restricted Cash
Restricted Cash

(in thousands)June 30,
2025
September 30,
2024
Cash and cash equivalents$42,073 $3,150 
Restricted cash (a)
762 248 
Cash and cash equivalents and restricted cash$42,835 $3,398 
a.    Restricted cash represents Cash-Secured Irrevocable Standby Letters of Credit of $762 to secure certain contractual obligations at June 30, 2025 and Cash-Secured Irrevocable Standby Letters of Credit of $248 to secure certain contractual obligations at September 30, 2024.
Schedule of Short-Term Debt The carrying amounts and estimated fair values (Level 2) of debt instruments are as follows:
(in thousands)June 30, 2025September 30, 2024
Carrying AmountEstimated Fair ValueCarrying AmountEstimated Fair Value
Corporate debt
Current portion of long-term debt$1,410 $1,413 $1,410 $1,420 
Long-term debt$84,190 $80,225 $91,141 $86,987 
Schedule of Weighted Average Number of Shares
The following table presents a reconciliation of basic to diluted weighted average common shares outstanding for the three and nine months ended June 30, 2025 and 2024:
(in thousands)Three Months Ended June 30,Nine Months Ended
June 30,
2025202420252024
Weighted Average Common Shares Outstanding – Basic7,641 7,624 7,637 7,620 
Effect of dilutive securities – stock options and unrestricted stock— — — — 
Weighted Average Common Shares Outstanding – Diluted7,641 7,624 7,637 7,620 
Schedule of Revenue by Major Customers by Reporting Segments
Accounts receivable from the Company’s major customer as of June 30, 2025 and September 30, 2024, and revenue from such customer for the nine months ended June 30, 2025 and 2024, are as follows:

(in thousands)Accounts ReceivableRevenue% of Total Revenue
June 30,September 30,Nine Months Ended
June 30,
Nine Months Ended
June 30,
202520242025202420252024
Tropicana$— $— $38,434 $40,456 88.8%88.5%