Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net cash used in operating activities    
Net loss $ (3,595) $ (9,251)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion and amortization 5,913 3,824
Amortization of debt issue costs 43 55
Gain on sale of property and equipment (4,940) 0
Loss on disposal of long-lived assets 0 780
Inventory net realizable value adjustment 0 7,359
Deferred income tax (benefit) provision (600) (2,179)
Stock-based compensation expense 176 179
Other (314) (107)
Changes in operating assets and liabilities:    
Accounts receivable (506) (7,831)
Inventories (404) 1,911
Prepaid expenses 464 (153)
Income tax receivable 338 0
Other assets 0 (35)
Accounts payable and accrued liabilities (2,276) (2,199)
Other liabilities 232 50
Net cash used in operating activities (5,469) (7,597)
Cash flows from investing activities:    
Purchases of property and equipment (487) (3,017)
Net proceeds from sale of property and equipment 7,829 0
Advance to Corkscrew Grove Stewardship District (5,071) 0
Net cash provided by (used in) investing activities 2,271 (3,017)
Cash flows from financing activities:    
Repayments on revolving lines of credit 0 (6,200)
Borrowings on revolving lines of credit 0 19,300
Principal payments on term loans (63) (352)
Exercise of stock options 272 0
Dividends paid (383) (382)
Net cash (used in) provided by financing activities (174) 12,366
Net (decrease) increase in cash and cash equivalents and restricted cash (3,372) 1,752
Cash and cash equivalents and restricted cash at beginning of the period 35,518 5,150
Cash and cash equivalents and restricted cash at end of the period 35,518 5,150
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized 763 655
Cash (received) paid for income taxes, net of refunds (349) 0
Non-cash investing and financing activities:    
Dividends declared but unpaid $ 383 $ 382