BIG SKY INDUSTRIAL INC.
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 11, 2026
BSIN$1.31-1.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations (unaudited)
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE three and six months ended June 30, 2026 and 2025
(In thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue: | ||||
| Oil | $2,034 | $1,844 | $3,411 | $3,615 |
| Natural gas and liquids | 100 | 184 | 328 | 607 |
| Total revenue | 2,134 | 2,028 | 3,739 | 4,222 |
| Operating expenses: | ||||
| Lease operating expenses | 995 | 1,520 | 1,906 | 3,145 |
| Production taxes | 165 | 148 | 295 | 296 |
| Depreciation, depletion, accretion and amortization | 591 | 1,118 | 1,151 | 2,237 |
| Impairment of oil and natural gas properties | - | 2,760 | - | 2,760 |
| Exploration expense | 121 | 51 | 222 | 51 |
| General and administrative expenses | 2,647 | 2,246 | 5,694 | 4,635 |
| Loss on sale of assets | - | 424 | - | 424 |
| Total operating expenses | 4,519 | 8,267 | 9,268 | 13,548 |
| Operating loss | (2,385) | (6,239) | (5,529) | (9,326) |
| Other income (expense): | ||||
| Commodity derivative gain, net | 167 | - | 167 | - |
| Interest expense, net | (10) | (47) | (74) | (95) |
| Other income, net | (51) | 228 | (29) | 252 |
| Total other (expense) | 106 | 181 | 64 | 157 |
| Net loss before income taxes | $(2,279) | $(6,058) | $(5,465) | $(9,169) |
| Income tax expense | - | - | - | - |
| Net loss | $(2,279) | $(6,058) | $(5,465) | $(9,169) |
| Basic and diluted weighted average shares outstanding | 52,392,618 | 32,672,866 | 46,553,898 | 33,370,898 |
| Basic and diluted loss per share | $(0.04) | $(0.19) | $(0.12) | $(0.27) |
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