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 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Sep. 30, 2019
Net cash used in operating activities:      
Net income (loss) $ 898 $ (2,503)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation, depletion and amortization 3,609 3,458  
Deferred income tax expense (benefit) 0 (629)  
Gain on sale of real estate, property and equipment and assets held for sale (25) (22)  
Change in fair value of derivatives 0 956  
Impairment of long-lived assets 88 0  
Impairment of right-of-use asset 87    
Stock-based compensation expense 301 553  
Other 0 (7)  
Changes in operating assets and liabilities:      
Accounts receivable (1,139) (4,298)  
Inventories (3,145) (1,425)  
Prepaid expenses (477) (343)  
Income tax receivable 0 (469)  
Other assets (457) 0  
Accounts payable and accrued liabilities (6,213) (5,636)  
Income tax payable 361 (1,691)  
Other liabilities 69 55  
Net cash used in operating activities (6,043) (12,001)  
Cash flows from investing activities:      
Purchases of property and equipment (3,541) (3,458)  
Net proceeds from sale of property and equipment and assets held for sale 42 202  
Change in deposits on purchase of citrus trees (194) (632)  
Advances on notes receivables, net 4 4  
Net cash used in investing activities (3,689) (3,884)  
Cash flows from financing activities:      
Repayments on revolving lines of credit 0 (6,948)  
Borrowings on revolving lines of credit 0 26,577  
Principal payments on term loans (7,132) (2,707)  
Treasury stock purchases (238) (25,576)  
Dividends paid (448) (447)  
Deferred financing costs (23) 0  
Net cash used in financing activities (7,841) (9,101)  
Net decrease in cash and cash equivalents and restricted cash (17,573) (24,986)  
Cash and cash equivalents and restricted cash at beginning of the period 23,838 32,260 $ 32,260
Cash and cash equivalents and restricted cash at end of the period $ 6,265 $ 7,274 $ 23,838