{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-025961","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.817711+00:00","generated_at":"2026-06-02T00:06:02.352073+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 Q2 net loss widens to $1.77M on $1.68M impairment; revenue up 10%","bullets":["Revenue $5.77M (up 10.2% YoY); net loss $1.77M ($0.18/sh) vs. $1.24M ($0.12/sh) a year ago.","Non-cash impairment of $1.68M on oil/gas properties due to lower rolling-average prices used in ceiling test.","Oil, gas, and NGL production increased 16%, 47%, and 100% YoY, respectively.","G&A expenses fell 33% ($669K) to $1.36M; land segment contributed $500K from lot sales and $953K in distributions.","Contract drilling operating loss grew $424K on operational issues; company exploring strategic alternatives for segment."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-025961","json":"https://secwatch.observer/filing/0001140361-24-025961.json","markdown":"https://secwatch.observer/filing/0001140361-24-025961.md","text":"https://secwatch.observer/filing/0001140361-24-025961.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036124025961/0001140361-24-025961-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036124025961/ef20029123_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:06:02.352073+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":"5350ac78bdbc4a8a75bd58872ff52db4c92246f1","claim":"BARNWELL INDUSTRIES INC reported second fiscal quarter ended March 31, 2024 results: revenue $5,774,000, net income net loss of $1,772,000, $0.18 per share, EPS $0.18 per share.","evidence_excerpt":"Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its second fiscal quarter ended March 31, 2024. For the quarter, the Company had revenue of $5,774,000 and a net loss of $1,772,000, $0.18 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/10048/000114036124025961/0001140361-24-025961-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$5,774,000"},{"label":"Net income","value":"net loss of $1,772,000, $0.18 per share"},{"label":"EPS","value":"$0.18 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"}