Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 38,128 $ 3,150
Accounts receivable, net 1,014 771
Inventories 4,220 30,084
Income tax receivable 338 1,958
Assets held for sale 9,176 3,106
Prepaid expenses and other current assets 2,043 1,558
Total current assets 54,919 40,627
Restricted cash 762 248
Property and equipment, net 142,065 352,733
Goodwill 2,246 2,246
Other non-current assets 1,535 2,865
Total assets 201,527 398,719
Current liabilities:    
Accounts payable 403 3,362
Accrued liabilities 4,563 5,366
Current portion of long-term debt 250 1,410
Other current liabilities 527 513
Total current liabilities 5,743 10,651
Long-term debt, net 82,797 82,313
Lines of credit 2,500 8,394
Deferred income tax liabilities, net 2,455 40,873
Other liabilities 38 193
Total liabilities 93,533 142,424
Commitments and Contingencies (Note 15)
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 7,645,360 and 7,628,639 shares outstanding at September 30, 2025 and September 30, 2024, respectively 8,416 8,416
Additional paid in capital 20,410 20,184
Treasury stock, at cost, 770,785 and 787,506 shares held at September 30, 2025 and September 30, 2024, respectively (26,185) (26,694)
Retained earnings 100,391 249,253
Total Alico stockholders’ equity 103,032 251,159
Noncontrolling interest 4,962 5,136
Total stockholders’ equity 107,994 256,295
Total liabilities and stockholders’ equity $ 201,527 $ 398,719