Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of disaggregation of revenue
Revenues disaggregated by significant products and services for the three months ended December 31, 2023 and 2022 are as follows:
(in thousands) Three Months Ended
December 31,
2023 2022
Alico Citrus
Early and Mid-Season $ 12,395  $ 9,586 
Fresh Fruit and Other 506  493 
Grove Management Services 691  189 
Total $ 13,592  $ 10,268 
Land Management and Other Operations
Land and Other Leasing $ 314  $ 281 
Other 79  39 
Total $ 393  $ 320 
Total Revenues $ 13,985  $ 10,588 
Schedule of Short-Term Debt The carrying amounts and estimated fair values (Level 2) of debt instruments are as follows:
(in thousands) December 31,
2023
September 30,
2023
Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value
Corporate debt
Current long-term debt $ 1,410  $ 1,388  $ 2,566  $ 2,325 
Long-term debt $ 83,805  $ 77,015  $ 126,753  $ 115,851 
Schedule of Revenue by Major Customers by Reporting Segments
Accounts receivable from the Company’s major customer as of December 31, 2023 and September 30, 2023, and revenue from such customer as of December 31, 2023 and 2022, are as follows:

(in thousands) Accounts Receivable Revenue % of Total Revenue
December 31, September 30, December 31, December 31,
2023 2023 2023 2022 2023 2022
Tropicana $ 5,048  $ —  $ 10,875  $ 8,027  77.8  % 75.8  %