Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.23.4
Property and Equipment
12 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment
Note 5:    Property and Equipment
The following table details the Company's property and equipment as of September 30, 2023 and 2022, respectively (in $000’s):
September 30,
2023
September 30,
2022
Property and equipment, net:
Building and improvements $ 35,684  $ 26,761 
Land 2,029  2,029 
Transportation equipment 2,062  622 
Machinery and equipment 67,575  53,739 
Furnishings and fixtures 6,028  4,407 
Office, computer equipment and other 4,569  3,699 
117,947  91,257 
Less: Accumulated depreciation (37,244) (26,667)
$ 80,703  $ 64,590 
Depreciation expense was approximately $10.9 million and $6.2 million for the years ended September 30, 2023 and 2022, respectively.