| Schedule of financial information related to reporting segments |
The following table presents certain financial information related to Barnwell’s reporting segments. All revenues reported are from external customers with no intersegment sales or transfers. | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Nine months ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Revenues: | | | | | | | | | Oil and natural gas | $ | 3,341,000 | | | $ | 3,153,000 | | | $ | 8,454,000 | | | $ | 10,593,000 | | | | | | | | | | | Land investment | — | | | — | | | 70,000 | | | — | | | Other | 26,000 | | | 25,000 | | | 71,000 | | | 58,000 | | | Total before interest income | 3,367,000 | | | 3,178,000 | | | 8,595,000 | | | 10,651,000 | | | Interest income | 12,000 | | | 14,000 | | | 65,000 | | | 44,000 | | | Total revenues | $ | 3,379,000 | | | $ | 3,192,000 | | | $ | 8,660,000 | | | $ | 10,695,000 | | | Cost and expenses: | | | | | | | | | Oil and natural gas | $ | 2,038,000 | | | $ | 2,082,000 | | | $ | 5,952,000 | | | $ | 6,564,000 | | | Depletion, depreciation, and amortization: | | | | | | | | | Oil and natural gas | $ | 546,000 | | | $ | 844,000 | | | $ | 1,690,000 | | | $ | 2,501,000 | | | | | | | | | | | Other | — | | | — | | | 9,000 | | | 1,000 | | | Total depletion, depreciation, and amortization | $ | 546,000 | | | $ | 844,000 | | | $ | 1,699,000 | | | $ | 2,502,000 | | | Impairment: | | | | | | | | | Oil and natural gas | $ | — | | | $ | 200,000 | | | $ | — | | | $ | 865,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating profit (before general and administrative expenses): | | | | | | | | | Oil and natural gas | $ | 757,000 | | | $ | 27,000 | | | $ | 812,000 | | | $ | 663,000 | | | | | | | | | | | Land investment | — | | | — | | | 70,000 | | | — | | | Other | 26,000 | | | 25,000 | | | 62,000 | | | 57,000 | | | | | | | | | | | Total operating profit | 783,000 | | | 52,000 | | | 944,000 | | | 720,000 | | | Equity in income of affiliates: | | | | | | | | | Land investment | 376,000 | | | — | | | 714,000 | | | — | | | General and administrative expenses | (1,409,000) | | | (1,868,000) | | | (4,546,000) | | | (5,193,000) | | | Foreign currency gain (loss) | (56,000) | | | 219,000 | | | (67,000) | | | (122,000) | | | Interest expense | (1,000) | | | (4,000) | | | (1,000) | | | (5,000) | | | Interest income | 12,000 | | | 14,000 | | | 65,000 | | | 44,000 | | | | | | | | | | | | | | | | | | | Loss from continuing operations before income taxes | $ | (295,000) | | | $ | (1,587,000) | | | $ | (2,891,000) | | | $ | (4,556,000) | |
Capital Expenditures: | | | | | | | | | | | | | Nine months ended June 30, | | 2026 | | 2025 | | Oil and natural gas | $ | 19,000 | | | $ | 2,704,000 | | | | | | | Other | — | | | — | | | Total | $ | 19,000 | | | $ | 2,704,000 | |
Assets By Segment: | | | | | | | | | | | | | | | | | June 30,
2026 | | September 30,
2025 | Oil and natural gas (1) | | | | | Canada | $ | 7,904,000 | | | $ | 11,118,000 | | | | | | | | | | | | | | | Other: | | | | | Cash and cash equivalents | 4,467,000 | | | 2,886,000 | | | | | | | | | | | Asset for retirement benefits | 6,312,000 | | | 5,928,000 | | | Corporate and other | 2,806,000 | | | 880,000 | | | Total | $ | 21,489,000 | | | $ | 20,812,000 | |
______________ (1) Primarily located in the province of Alberta, Canada.
|
| Schedule of revenue from external customers and long-lived assets, by geographical areas |
Long-Lived Assets By Geographic Area: | | | | | | | | | | | | | June 30,
2026 | | September 30,
2025 | | United States | $ | 6,703,000 | | | $ | 5,965,000 | | | Canada | 8,300,000 | | | 9,617,000 | | | Total | $ | 15,003,000 | | | $ | 15,582,000 | |
Revenue By Geographic Area: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Nine months ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | United States | $ | — | | | $ | 347,000 | | | $ | 70,000 | | | $ | 1,078,000 | | | Canada | 3,367,000 | | | 2,831,000 | | | 8,525,000 | | | 9,573,000 | | | Total (before interest income) | $ | 3,367,000 | | | $ | 3,178,000 | | | $ | 8,595,000 | | | $ | 10,651,000 | |
|