Quarterly report pursuant to Section 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, 2022
Dec. 31, 2021
Net cash used in operating activities:    
Net (loss) income $ (3,186) $ 10,080
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation, depletion and amortization 3,950 3,836
Debt issue costs expense 36 43
Gain on sale of real estate, property and equipment and assets held for sale (3,189) (8,445)
Loss on disposal of long-lived assets 1,915 137
Deferred income tax benefit   (4,876)
Stock-based compensation expense 305 375
Other 8  
Changes in operating assets and liabilities:    
Accounts receivable (4,045) (2,796)
Inventories (1,316) (2,573)
Prepaid expenses (122) (418)
Income tax receivable (1,083) 1,576
Other assets 108 117
Accounts payable and accrued liabilities (2,822) (6,328)
Other liabilities (224) (336)
Net cash used in operating activities (9,665) (9,608)
Cash flows from investing activities:    
Purchases of property and equipment (3,453) (4,193)
Acquisition of citrus groves (29) (136)
Net proceeds from sale of real estate, property and equipment and assets held for sale 3,287 8,604
Change in deposits on purchase of citrus trees (301) (196)
Net cash (used in) provided by investing activities (496) 4,079
Cash flows from financing activities:    
Repayments on revolving lines of credit (8,902) (16,319)
Borrowings on revolving lines of credit 23,019 25,696
Principal payments on term loans (759) (1,072)
Exercise of stock options   170
Dividends paid (3,793) (3,763)
Net cash provided by financing activities 9,565 4,712
Net decrease in cash and cash equivalents and restricted cash (596) (817)
Cash and cash equivalents and restricted cash at beginning of the period 865 886
Cash and cash equivalents and restricted cash at end of the period $ 269 $ 69