BIG SKY INDUSTRIAL INC.
For the period ended Sep 30, 2026. Filed Nov 10, 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.
Sep 30, 2026 · Filed Nov 10, 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 nine months ended September 30, 2026 and 2025
(In thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue: | ||||
| Oil | $1,810 | $1,587 | $5,221 | $5,201 |
| Natural gas and liquids | 145 | 151 | 473 | 758 |
| Total revenue | 1,955 | 1,738 | 5,694 | 5,959 |
| Operating expenses: | ||||
| Lease operating expenses | 2,110 | 1,045 | 4,016 | 4,189 |
| Production taxes | 158 | 136 | 453 | 432 |
| Depreciation, depletion, accretion and amortization | 531 | 816 | 1,681 | 3,053 |
| Impairment of oil and natural gas properties | - | 869 | - | 3,628 |
| Exploration expense | 88 | 128 | 310 | 174 |
| General and administrative expenses | 2,201 | 2,113 | 7,895 | 6,754 |
| Loss on sale of assets | - | 10 | - | 434 |
| Total operating expenses | 5,088 | 5,117 | 14,355 | 18,664 |
| Operating loss | (3,133) | (3,379) | (8,661) | (12,705) |
| Other income (expense): | ||||
| Commodity derivative (loss), net | (336) | - | (169) | - |
| Interest expense, net | - | (72) | (74) | (167) |
| Other income, net | (27) | 110 | (56) | 362 |
| Total other (expense) | (363) | 38 | (299) | 195 |
| Net loss before income taxes | $(3,496) | $(3,341) | $(8,960) | $(12,510) |
| Income tax expense | - | - | - | - |
| Net loss | $(3,496) | $(3,341) | $(8,960) | $(12,510) |
| Basic and diluted weighted average shares outstanding | 52,495,280 | 32,793,272 | 48,556,122 | 33,630,832 |
| Basic and diluted loss per share | $(0.07) | $(0.10) | $(0.18) | $(0.37) |
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