BARNWELL INDUSTRIES INC (BRN) Form 8-K — May 26, 2026
Barnwell Industries (BRN) reported Q2 2026 revenue of $2.54 million and a net loss of $1.15 million, showing sequential improvement from the prior quarter's $1.43 million loss. The company highlighted a 26% decline in salaries and wages and a reduction in cash general and administrative expenses to $1.39 million, driven by the completion of its headquarters relocation from Honolulu to Houston. The company ended the quarter with $4.02 million in cash and no debt, having raised $1.13 million in the quarter through its At-The-Market (ATM) equity facility.
Key figures
- Revenue
- 2535000
- Total Debt
- 0
- Cash Position
- 4016000
- Shares Outstanding
- 12672012
- Cash Gand A
- 1392000
- Gaap Gand A
- 1521000
- Atm Avg Price Q2
- 1.22
- Atm Proceeds Q2
- 1133000
- Working Capital
- 2152000
- Atm Facility Limit
- 4298000
- Atm Shares Issued Q2
- 926403
- Foreign Currency Loss
- 58000
- Oil Gas Operating Result
- 87000
Price after filing
Close on the filing date to close N calendar days later (from $1.08). Historical, not a forecast.
AI analysis
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