Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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Property and Equipment
6 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table details the Company's property and equipment as of March 31, 2024 and September 30, 2023 (in $000's):
March 31, 2024 September 30, 2023
Property and equipment, net:
Land $ 2,029  $ 2,029 
Building and improvements 36,955  35,684 
Transportation equipment 2,086  2,062 
Machinery and equipment 69,322  67,575 
Furnishings and fixtures 6,285  6,028 
Office, computer equipment and other 5,003  4,569 
121,680  117,947 
Less: Accumulated depreciation (43,248) (37,244)
Total property and equipment, net $ 78,432  $ 80,703 
Depreciation expense was $3.0 million and $2.7 million for the three months ended March 31, 2024 and 2023, respectively, and $6.1 million and $5.1 million for the six months ended March 31, 2024 and 2023, respectively.