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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues:        
Revenue $ 3,569 $ 4,678 $ 7,503 $ 9,840
Costs and expenses:        
General and administrative 2,162 1,256 3,325 2,576
Depletion, depreciation, and amortization 754 1,342 1,658 2,801
Impairment of assets 52 1,677 665 1,677
Foreign currency (gain) loss (10) 128 341 2
Interest expense 1 0 1 0
Total costs and expenses 4,945 6,733 10,472 12,177
Loss from continuing operations before equity in income of affiliates and income taxes (1,376) (2,055) (2,969) (2,337)
Equity in income of affiliates 0 1,071 0 1,071
Loss from continuing operations before income taxes (1,376) (984) (2,969) (1,266)
Income tax provision 162 100 169 166
Net loss from continuing operations (1,538) (1,084) (3,138) (1,432)
Net earnings (loss) from discontinued operations 331 (466) 12 (780)
Net loss (1,207) (1,550) (3,126) (2,212)
Less: Net earnings (loss) attributable to non-controlling interests 0 222 (2) 224
Net loss attributable to Barnwell Industries, Inc. $ (1,207) $ (1,772) $ (3,124) $ (2,436)
Basic and diluted (loss) earnings per common share attributable to Barnwell Industries, Inc. stockholders:        
Basic net loss per common share from continuing operations attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.15) $ (0.13) $ (0.31) $ (0.16)
Diluted net loss per common share from continuing operations attributable to Barnwell Industries, Inc. stockholders (in dollars per share) (0.15) (0.13) (0.31) (0.16)
Basic net earnings (loss) per common share from discontinued operations (in dollars per share) 0.03 (0.05) 0 (0.08)
Diluted net earnings (loss) per common share from discontinued operations (in dollars per share) 0.03 (0.05) 0 (0.08)
Basic net loss per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) (0.12) (0.18) (0.31) (0.24)
Diluted net loss per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.12) $ (0.18) $ (0.31) $ (0.24)
Weighted-average number of common shares outstanding:        
Basic (in shares) 10,053,534 10,019,172 10,050,319 10,007,905
Diluted (in shares) 10,053,534 10,019,172 10,050,319 10,007,905
Oil and natural gas        
Revenues:        
Revenue $ 3,543 $ 4,144 $ 7,440 $ 9,274
Costs and expenses:        
Oil and natural gas operating 1,986 2,330 4,482 5,121
Depletion, depreciation, and amortization 753 1,342 1,657 2,800
Impairment of assets 52 1,677 665 1,677
Sale of interest in leasehold land        
Revenues:        
Revenue 0 500 0 500
Gas processing and other        
Revenues:        
Revenue 26 34 63 66
Costs and expenses:        
Depletion, depreciation, and amortization $ 1 $ 0 $ 1 $ 1