{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-007029","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.040508+00:00","generated_at":"2026-06-06T04:04:05.506893+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Barnwell Industries Q1 net loss $664K vs prior-year profit; production up, prices down","bullets":["Revenue $6.155M (down 18% YoY); net loss $0.07/share vs net earnings $0.11/share.","Oil, gas, NGL production rose 21%, 26%, 80% but prices fell 7%, 57%, 34% YoY.","G&A expenses decreased 38% ($845K) YoY due to lower professional fees and bonus.","Water Resources sale agreement terminated; company evaluating strategic alternatives including wind-down.","Hedged ~30% of Canadian oil and gas at fixed prices through mid-2024; planning 1-2 Twining wells."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-007029","json":"https://secwatch.observer/filing/0001140361-24-007029.json","markdown":"https://secwatch.observer/filing/0001140361-24-007029.md","text":"https://secwatch.observer/filing/0001140361-24-007029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036124007029/0001140361-24-007029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036124007029/ef20021342_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:04:05.506893+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"995b7406b07823c29e33d7abc8eedc6a65ee4240","claim":"BARNWELL INDUSTRIES INC reported the first quarter ended December 31, 2023 results: revenue $6,155,000, net income $664,000, EPS $0.07 per share.","evidence_excerpt":"The Company posted quarterly revenue of $6,155,000 and a net loss of $664,000, or $0.07 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/10048/000114036124007029/0001140361-24-007029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended December 31, 2023"},{"label":"Revenue","value":"$6,155,000"},{"label":"Net income","value":"$664,000"},{"label":"EPS","value":"$0.07 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}