Company: NGVC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025419
Chunk: 72

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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,578

			60,556

			Land improvements

			1
			–
			24

			2,459

			2,324

			Leasehold and building improvements

			1
			–
			25

			193,556

			185,045

			Fixtures and equipment

			5
			–
			7

			172,137

			167,060

			Computer hardware and software

			3
			–
			5

			32,305

			30,622

			472,661

			458,111

			Less accumulated depreciation and amortization

			(291,624
			
			)

			(279,502
			
			)

			Property and equipment, net

			$
			181,037

			178,609

14

Depreciation and amortization expense for the three and nine months ended June 30, 2025 and 2024 is summarized as follows, dollars in thousands:

			Three months ended
			June 30,

			Nine months ended
			June 30,

			2025

			2024

			2025

			2024

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

			$
			207

			187

			603

			544

			Depreciation and amortization expense included in store expenses

			6,909

			7,189

			21,087

			21,028

			Depreciation and amortization expense included in administrative expenses

			827

			419

			2,091

			1,257

			Depreciation and amortization expense included in pre-opening expenses

			10

			50

			10

			169

			Total depreciation and amortization expense

			$
			7,953

			7,845

			23,791

			22,998

9. Other Assets

Other assets as of June 30, 2025 and September 30, 2024, are summarized as follows, dollars in thousands:

			As of

			Useful lives

			June 30,

			September 30,