{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-004867","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2025-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.655522+00:00","generated_at":"2026-05-26T18:56:24.315031+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Barnwell Q1 net loss widens to $1.9M on revenue decline, impairment, and FX loss","bullets":["Revenue $4.48M, down 27% YoY from $6.16M; net loss $1.92M ($0.19/sh) vs loss $0.66M ($0.07/sh).","Oil, gas, NGL prices fell 2%, 40%, 8%; production dropped 17%, 21%, 17% on natural declines and workovers.","Recorded $613K non-cash impairment of U.S. oil/gas properties and $351K foreign currency loss.","Contract drilling unit agreed to sell a rig for $585K; proceeds received, closing in Q2 ending March 2025.","CEO notes potential proxy contest could harm liquidity; exploring strategic alternatives for Water Resources."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-004867","json":"https://secwatch.observer/filing/0001140361-25-004867.json","markdown":"https://secwatch.observer/filing/0001140361-25-004867.md","text":"https://secwatch.observer/filing/0001140361-25-004867.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036125004867/0001140361-25-004867-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036125004867/ef20043710_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T18:56:24.315031+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}