Quarterly report pursuant to Section 13 or 15(d)

Property, Plant & Equipment

v3.23.2
Property, Plant & Equipment
 9 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table details the Company's property and equipment as of June 30, 2023 and September 30, 2022 (in $000's):
June 30, 2023 September 30, 2022
Property and equipment, net:
Land $ 2,029  $ 2,029 
Building and improvements 28,073  26,761 
Transportation equipment 3,384  622 
Machinery and equipment 55,923  53,739 
Furnishings and fixtures 6,019  4,407 
Office, computer equipment and other 4,281  3,699 
99,709  91,257 
Less: Accumulated depreciation (34,278) (26,667)
$ 65,431  $ 64,590 
Depreciation expense was $2.7 million and $1.4 million, respectively, for the three months ended June 30, 2023 and 2022, and $7.8 million and $3.9 million for the nine months ended June 30, 2023 and 2022.