The following table details the Company's property and equipment as of September 30, 2025 and 2024, respectively (in $000’s):
September 30,
2025
September 30,
2024
Property and equipment, net:
Building and improvements$41,164 $40,490 
Land3,469 3,469 
Transportation equipment3,313 2,765 
Machinery and equipment77,440 73,309 
Furnishings and fixtures6,355 6,301 
Office, computer equipment and other4,406 4,285 
136,147 130,619 
Less: Accumulated depreciation(58,636)(47,750)
$77,511 $82,869 

Historical Timeline

Fiscal YearFiled
2025Dec 17, 2025Showing above
2024Dec 19, 2024
2023Dec 22, 2023
2022Dec 16, 2022
2021Dec 28, 2021

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.