---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-030919"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T12:43:08.285225+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Barnwell reports Q3 loss of $0.15/share; sells U.S. oil & gas assets for $2.3M; going concern doubt

## Summary
- Net loss from continuing ops $1.55M ($0.15/share) vs prior year loss $1.018M ($0.10/share); revenue $3.19M down 29% YoY.
- Sold all U.S. oil & gas assets (Texas/Oklahoma) for $2.3M cash; expects ~$700k loss on sale in Q4.
- G&A surged 43% to $1.86M due to $657k non-recurring costs from shareholder proxy contest and legal actions.
- Company raises substantial doubt about going concern; cites professional fees, tariff impact on oil prices; exploring debt, stock issuance, or sale of Kukio interests.
- Annual meeting postponed to Sep 10, 2025 due to Sherwood Group dispute; related costs ongoing.

## SEC filing metadata
- accession: 0001140361-25-030919
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036125030919/0001140361-25-030919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036125030919/ef20053908_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-030919
- JSON: https://secwatch.observer/filing/0001140361-25-030919.json
- Plain text: https://secwatch.observer/filing/0001140361-25-030919.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.