Company: NGVC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001437749-25-003026
Chunk: 65

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 8
Chunk 65
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			6,746

			6,746

			Buildings

			16
			-
			40

			60,578

			60,556

			Land improvements

			1
			-
			24

			2,399

			2,324

			Leasehold and building improvements

			1
			-
			25

			186,315

			185,045

			Fixtures and equipment

			5
			-
			7

			168,237

			167,060

			Computer hardware and software

			3
			-
			5

			31,345

			30,622

			462,738

			458,111

			Less accumulated depreciation and amortization

			(280,796
			
			)

			(279,502
			
			)

			Property and equipment, net

			$
			181,942

			178,609

13

Depreciation and amortization expense for the three months ended December 31, 2024 and 2023 is summarized as follows, dollars in thousands:

			Three months ended
			December 31,

			2024

			2023

			Depreciation and amortization expense included in cost of goods sold and occupancy costs

			$
			196

			141

			Depreciation and amortization expense included in store expenses

			7,336

			6,845

			Depreciation and amortization expense included in administrative expenses

			418

			395

			Depreciation and amortization expense included in pre-opening expenses

			—

			70

			Total depreciation and amortization expense

			$
			7,950

			7,451

9. Other Assets

Other assets as of December 31, 2024 and September 30, 2024, are summarized as follows, dollars in thousands:

			As of

			Useful lives

			December 31,

			September 30,

			(in years)

			2024

			2024

			Amortizable other assets:

			Implementation costs for software hosting arrangements

			4

			$
			1,159

			171

			L