Segment Information (Tables)

3 Months Ended

Jan. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Information by Segment

Segment information for the three months ended January 31, 2026 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	8,718		$	6,958		$	—		$	1,080		$	16,756		$	1,449		$	18,205
Costs and expenses, excluding depreciation and amortization:
Labor and benefits			—			3,801			—			—			3,801			—			3,801
Packing supplies and fruit treatments			—			2,047			—			—			2,047			—			2,047
Harvest costs			998			—			—			169			1,167			—			1,167
Growing costs			2,548			—			29			807			3,384			—			3,384
Third party grower and supplier costs			7,492			—			—			30			7,522			—			7,522
Other segment items			—			3,152			—			24			3,176			903			4,079


Loss on disposal of assets, net			—			—			—			—			—			73			73

Selling, general and administrative			—			—			—			—			—			4,525			4,525
Total costs and expenses, excluding depreciation and amortization			11,038			9,000			29			1,030			21,097			5,501			26,598
Depreciation and amortization			—			—			—			—			1,922			236			2,158
Operating (loss) income			$	(2,320)		$	(2,042)		$	(29)		$	50		$	(6,263)		$	(4,288)		$	(10,551)
Total other expense																					(1,458)
Loss before income tax benefit																					$	(12,009)

17. Segment Information (continued)

Segment information for the three months ended January 31, 2025 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	16,446		$	11,815		$	162		$	4,429		$	32,852		$	1,453		$	34,305
Costs and expenses, excluding depreciation and amortization:
Labor and benefits			—			4,215			—			—			4,215			—			4,215
Packing supplies and fruit treatments			—			3,111			—			—			3,111			—			3,111
Harvest costs			1,761			—			15			45			1,821			—			1,821
Growing costs			2,926			—			22			1,314			4,262			—			4,262
Third party grower and supplier costs			12,472			—			—			1,880			14,352			—			14,352
Other segment items			—			3,265			—			699			3,964			1,000			4,964

Gain on sale of water rights			—			—			—			—			—			(1,488)			(1,488)
Gain on disposal of assets, net			—			—			—			—			—			(6)			(6)

Selling, general and administrative			—			—			—			—			—			6,404			6,404
Total costs and expenses, excluding depreciation and amortization			17,159			10,591			37			3,938			31,725			5,910			37,635
Depreciation and amortization			—			—			—			—			1,774			242			2,016
Operating (loss) income			$	(713)		$	1,224		$	125		$	491		$	(647)		$	(4,699)		$	(5,346)
Total other expense																					(132)
Loss before income tax benefit																					$	(5,478)

Revenue related to rental operations are included in “Corporate and Other.” The detail of other agribusiness revenues is as follows (in thousands):


									Three Months Ended January 31,
															2026						2025
Oranges															$	10					$	1,568
Specialty citrus and wine grapes															685						503
Farm management															—						1,181
Other															385						1,177
Other agribusiness revenues															$	1,080					$	4,429