Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 34,756 $ 38,128
Accounts receivable, net 1,520 1,014
Inventories 4,624 4,220
Income tax receivable 0 338
Assets held for sale 6,321 9,176
Prepaid expenses and other current assets 1,579 2,043
Total current assets 48,800 54,919
Restricted cash 762 762
Property and equipment, net 136,578 142,065
Goodwill 2,246 2,246
Other non-current assets 6,576 1,535
Total assets 194,962 201,527
Current liabilities:    
Accounts payable 235 403
Accrued liabilities 2,428 4,563
Current portion of long-term debt 250 250
Other current liabilities 479 527
Total current liabilities 3,392 5,743
Long-term debt, net 82,751 82,797
Lines of credit 2,500 2,500
Deferred income tax liabilities, net 1,855 2,455
Other liabilities 0 38
Total liabilities 90,498 93,533
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 7,656,646 and 7,645,360 shares outstanding at December 31, 2025 and September 30, 2025, respectively 8,416 8,416
Additional paid in capital 20,495 20,410
Treasury stock, at cost, 759,499 and 770,785 shares held at December 31, 2025 and September 30, 2025, respectively (25,822) (26,185)
Retained earnings 96,527 100,391
Total Alico stockholders’ equity 99,616 103,032
Noncontrolling interest 4,848 4,962
Total stockholders’ equity 104,464 107,994
Total liabilities and stockholders’ equity $ 194,962 $ 201,527