Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.2.2
Property and Equipment
 12 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Note 6: Property and Equipment

The following table details the Company's property and equipment as of September 30, 2022 and 2021, respectively (in $000’s):

 

 

 

 

September 30,
2022

 

 

September 30,
2021

 

Property and equipment, net:

 

 

 

 

 

 

Building and improvements

 

$

26,761

 

 

$

11,737

 

Land

 

 

2,029

 

 

 

2,029

 

Transportation equipment

 

 

622

 

 

 

450

 

Machinery and equipment

 

 

53,739

 

 

 

35,284

 

Furnishings and fixtures

 

 

4,407

 

 

 

3,907

 

Office, computer equipment and other

 

 

3,699

 

 

 

2,792

 

 

 

 

91,257

 

 

 

56,199

 

Less: Accumulated depreciation

 

 

(26,667

)

 

 

(20,567

)

 

 

$

64,590

 

 

$

35,632

 

 

Depreciation expense was approximately $6.2 million and $6.3 million for the years ended September 30, 2022 and 2021, respectively.