Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common stock
Additional Paid In Capital
Treasury Stock
Retained Earnings
Total Alico, Inc. Equity
Non- controlling Interest
Beginning balance (in shares) at Sep. 30, 2023   8,416,000          
Beginning balance at Sep. 30, 2023 $ 250,377 $ 8,416 $ 20,045 $ (27,274) $ 243,804 $ 244,991 $ 5,386
Treasury stock, shares (in shares) at Sep. 30, 2023       806,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 26,423       27,141 27,141 (718)
Dividends (763)       (763) (763)  
Stock-based compensation (in shares)       (10,000)      
Stock-based compensation 369   64 $ 305   369  
Ending balance (in shares) at Mar. 31, 2024   8,416,000          
Ending balance at Mar. 31, 2024 276,406 $ 8,416 20,109 $ (26,969) 270,182 271,738 4,668
Treasury stock, shares (in shares) at Mar. 31, 2024       796,000      
Beginning balance (in shares) at Dec. 31, 2023   8,416,000          
Beginning balance at Dec. 31, 2023 292,626 $ 8,416 20,064 $ (27,099) 286,368 287,749 4,877
Treasury stock, shares (in shares) at Dec. 31, 2023       800,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (16,013)       (15,804) (15,804) (209)
Dividends (382)       (382) (382)  
Stock-based compensation (in shares)       (4,000)      
Stock-based compensation 175   45 $ 130   175  
Ending balance (in shares) at Mar. 31, 2024   8,416,000          
Ending balance at Mar. 31, 2024 276,406 $ 8,416 20,109 $ (26,969) 270,182 271,738 4,668
Treasury stock, shares (in shares) at Mar. 31, 2024       796,000      
Beginning balance (in shares) at Sep. 30, 2024   8,416,000          
Beginning balance at Sep. 30, 2024 $ 256,295 $ 8,416 20,184 $ (26,694) 249,253 251,159 5,136
Treasury stock, shares (in shares) at Sep. 30, 2024 787,506     788,000 [1]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ (120,684)       (120,552) (120,552) (132)
Dividends (764)       (764) (764)  
Stock-based compensation (in shares) [1]       (9,000)      
Stock-based compensation 364   90 $ 274   364  
Ending balance (in shares) at Mar. 31, 2025   8,416,000          
Ending balance at Mar. 31, 2025 $ 135,211 $ 8,416 20,274 $ (26,420) 127,937 130,207 5,004
Treasury stock, shares (in shares) at Mar. 31, 2025 778,488     778,000 [1]      
Beginning balance (in shares) at Dec. 31, 2024   8,416,000          
Beginning balance at Dec. 31, 2024 $ 246,841 $ 8,416 20,226 $ (26,557) 239,704 241,789 5,052
Treasury stock, shares (in shares) at Dec. 31, 2024       783,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (111,433)       (111,385) (111,385) (48)
Dividends (382)       (382) (382)  
Stock-based compensation (in shares)       (5,000)      
Stock-based compensation 185   48 $ 137   185  
Ending balance (in shares) at Mar. 31, 2025   8,416,000          
Ending balance at Mar. 31, 2025 $ 135,211 $ 8,416 $ 20,274 $ (26,420) $ 127,937 $ 130,207 $ 5,004
Treasury stock, shares (in shares) at Mar. 31, 2025 778,488     778,000 [1]      
[1] (1) - May not foot due to rounding.