Every 10-Q that Barnwell Industries, Inc. (BRN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BRN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRN filings page.
Barnwell Industries, Inc. reported a continuing net loss attributable to stockholders of $440,000 for the quarter ended June 30, 2026, an improvement from a loss of $1,550,000 a year earlier. For the nine months, the net loss was $3,016,000 versus $4,674,000 in the prior-year period.
Quarterly revenues were $3,379,000, slightly higher than $3,192,000 a year ago, while nine‑month revenues declined to $8,660,000 from $10,695,000, mainly due to prior asset sales and natural production declines. Oil and natural gas operations benefitted from lower depletion, operating costs and no current‑period impairments, plus higher equity income of $714,000 from Hawaiian real‑estate affiliates.
Operating cash flow from continuing operations for the nine months was $(3,099,000), compared with $(1,163,000)$ a year earlier, but cash was bolstered by equity issuances, lifting cash and equivalents to $4,467,000 at June 30, 2026. Total stockholders’ equity increased to $8,873,000, and the company reported no debt. Barnwell is in the process of exiting its remaining Hawaii real estate interests under a $1,770,000 purchase and sale agreement, subject to closing conditions.
Barnwell Industries reported a smaller quarterly loss but continued operating headwinds. For the three months ended March 31, 2026, revenue from continuing operations was $2.5M, down from $3.6M a year earlier, driven by lower oil and natural gas volumes and prices after asset sales in the U.S. and Canada.
Net loss from continuing operations attributable to Barnwell was $1.15M, improving from $1.54M, helped by $641k lower general and administrative costs and $338k equity income from Hawaiian land partnerships. Six‑month operating cash flow was a $2.4M outflow, partly offset by equity raises.
Barnwell ended March 31, 2026 with $4.0M in cash and $8.2M in total equity. It completed a $2.4M private placement with warrants and issued 926,403 shares under an at‑the‑market program for gross proceeds of $1.1M, while preparing the statements on a going concern basis.
Barnwell Industries reported a quarterly net loss from continuing operations attributable to the company of $1.426 million, or $0.13 per share, for the three months ended December 31, 2025. Total revenues were $2.746 million, down from $3.934 million a year earlier, mainly due to lower oil and natural gas production and prices after U.S. and certain Canadian asset sales.
Oil and natural gas revenues fell to $2.63 million, while the land investment segment contributed $70,000 from an initial payment on an agreement to surrender remaining Increment II rights in Hawaii. General and administrative expenses rose to $1.616 million, driven by higher personnel costs, share-based compensation, and professional fees related to shareholder disputes and corporate changes. Barnwell raised $2.408 million net in a November 2025 private placement of 2.22 million shares and warrants, ending the quarter with $3.622 million in cash and $21.467 million in total assets, and stockholders’ equity of $8.186 million.
Barnwell Industries (BRN) reported a continued operating loss driven by lower oil and natural gas revenues and increased corporate costs. For the three months ended June 30, 2025 the company recorded a net loss from continuing operations of $1.553 million and a basic loss per share of $0.15; for the nine months the loss from continuing operations was $4.691 million (basic loss per share $0.47).
Cash and cash equivalents of continuing operations declined to $1.154 million from $4.285 million at September 30, 2024, and total assets fell to $23.757 million. The company recorded non-cash ceiling test impairments of $200,000 for the quarter and $865,000 year-to-date. Management states there is substantial doubt about Barnwell’s ability to continue as a going concern for one year absent additional funding. Subsequent to period end Barnwell agreed to sell its U.S. oil and natural gas working interests for $2.3 million, estimating a loss on sale of approximately $700,000 in Q4. The company also completed the sale of its contract drilling subsidiary (Water Resources) in March 2025 for $1.05 million consideration (promissory note balance $450,000 at June 30, 2025) and recorded an estimated insurance recovery receivable of $348,000.