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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue
(in thousands)Three Months Ended
December 31,
20252024
Revenue recognized at a point-in-time$1,466 $15,555 
Revenue recognized over time— 1,339 
Total$1,466 $16,894 
Revenues disaggregated by significant products and services for the three months ended December 31, 2025 and 2024 are as follows:
(in thousands)Three Months Ended
December 31,
20252024
Alico Citrus
Early and Mid-Season$282 $14,929 
Fresh Fruit and Other588 626 
Grove Management Services13 771 
Total$883 $16,326 
Land Management and Other Operations
Land and Other Leasing$903 $479 
Other101 89 
Total$1,004 $568 
Total Revenues$1,887 $16,894 
Schedule of Minimum Future Base Rental Revenue on Non-Cancelable Leases
Minimum future base rental revenue on non-cancelable leases subsequent to December 31, 2025 are summarized as follows. Certain of our leases include renewal options which could be exercised at the lessee’s discretion and are not included in the amounts in the table below.
(in thousands)December 31, 2025
Fiscal 2026$1,506 
Fiscal 20271,710 
Fiscal 20281,731 
Fiscal 20291,632 
Fiscal 20301,639 
Thereafter7,748 
Total$15,966 
Schedule of Restricted Cash
(in thousands)December 31,
2025		September 30,
2025
Cash and cash equivalents$34,756 $38,128 
Restricted cash762 762 
Cash and cash equivalents and restricted cash$35,518 $38,890 
Schedule of Restricted Cash
(in thousands)December 31,
2025		September 30,
2025
Cash and cash equivalents$34,756 $38,128 
Restricted cash762 762 
Cash and cash equivalents and restricted cash$35,518 $38,890 
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Fair Value, Liabilities Measured on Recurring Basis The carrying amounts and estimated fair values (Level 2) of note receivable and debt instruments are as follows:
(in thousands)December 31, 2025September 30, 2025
Carrying AmountEstimated Fair ValueCarrying AmountEstimated Fair Value
Other non-current assets
Note receivable from Corkscrew Grove Stewardship District$5,071 $5,055 $— $— 
Corporate debt
Current portion of long-term debt$250 $251 $250 $250 
Long-term debt$85,637 $81,923 $85,700 $81,668 
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 months ended December 31, 2025 and 2024:
(in thousands)Three Months Ended December 31,
20252024
Weighted Average Common Shares Outstanding – Basic7,652 7,633 
Effect of dilutive securities – stock options and unrestricted stock— — 
Weighted Average Common Shares Outstanding – Diluted7,652 7,633 
Schedule of Revenue by Major Customers by Reporting Segments
Accounts receivable from the Company’s major customer as of December 31, 2025 and September 30, 2025, and revenue from such customer for the three months ended December 31, 2025 and 2024, are as follows:

(in thousands)Accounts ReceivableRevenue% of Total Revenue
December 31,September 30,Three Months Ended
December 31,		Three Months Ended
December 31,
202520252025202420252024
Tropicana$— $— $— $14,928 —%88.4%