BARNWELL INDUSTRIES INC
For the period ended Sep 30, 2025. Filed Dec 23, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Dec 23, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES
(a) Financial Statements
The following consolidated financial statements of Barnwell Industries, Inc. and its subsidiaries are included in Part II, Item 8:
Consolidated Statements of Comprehensive Loss – for the years ended September 30, 2025 and 2024
Consolidated Statements of Equity – for the years ended September 30, 2025 and 2024
Notes to Consolidated Financial Statements
Schedules have been omitted because they were not applicable, not required, or the information is included in the consolidated financial statements or notes thereto.
(b) Exhibits
| Exhibit Number | Description |
| 3.1 | Certificate of Incorporation, as amended (1) |
| 3.2 | Amended and Restated By-Laws (2) |
| 4.1 | Form of the Registrant’s certificate of common stock, par value $.50 per share (3) |
| 4.2* | Description of Securities Registered Pursuant to Section 12 of The Securities Exchange Act of 1934 |
| 4.3 | Rights Agreement, dated as of January 26, 2025, by and between Barnwell Industries, Inc. and Broadridge Corporate Issuer Solutions, LLC, as rights agent, which includes as Exhibit A the Form of Right Certificate. (22) |
| 4.4 | Amendment No. 1 to the Rights Agreement, dated as of February 6, 2025, by and between Barnwell Industries, Inc. and Broadridge Corporate Issuer Solutions, LLC, as Rights agent.(23) |
| 4.5 | Form of Common Warrant (26) |
| 10.1 | The Barnwell Industries, Inc. Employees’ Pension Plan (restated as of October 1, 1989) (4) |
| 10.2 | Form of Purchase and Sale Agreement dated February 13, 2004 by and between Kaupulehu Developments and WB KD Acquisition, LLC (5) |
| 10.3 | Agreement dated May 27, 2009 which became effective June 23, 2009 by and between Kaupulehu Developments and WB KD Acquisition, LLC and WB KD Acquisition II, LLC (6) |
| 10.4 | Limited Liability Limited Partnership Agreement of KD Kona 2013 LLLP dated November 27, 2013 (7) |
| 10.5 | Limited Liability Limited Partnership Agreement of KKM Makai, LLLP dated November 27, 2013 (8) |
| 10.6 | Agreement with KD Kaupulehu, LLLP to Release Retained Rights, dated as of March 7, 2019, between Kaupulehu Developments and KD Kaupulehu, LLLP (9) |
| 10.7 | Agreement with Respect to Retained Rights, dated as of March 7, 2019 between Kaupulehu Developments and KD Acquisition II, LP (10) |
| 10.8# | Form of Option Agreement under Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended (11) |
| 10.9 | Asset Purchase and Sale Agreement, dated July 8, 2021, between Barnwell of Canada, Limited and Tourmaline Oil Corp. (12) |
| 10.10 | Cooperation and Support Agreement, dated January 27, 2021 (14) |
| 10.11# | Amended and Restated 2018 Equity Incentive Plan (15) |
| 10.12 | Sales Agent Agreement, dated March 16, 2021 (16) |
| 10.13 | Purchase and Sale Agreement, dated as of December 12, 2022, between Barnwell Texas, LLC and Alchemist Energy LeaseCo, LP (17) |
| 10.14# | Form of Stock Grant Award Agreement under Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended (18) |
| 10.15# | Form of Director Restricted Stock Unit Award under Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended (19) |
| 10.16# | Form of Employee Restricted Stock Unit Award under Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended (13) |
| 10.17 | Stock Purchase Agreement, dated March 14, 2025 (24) |
| 10.18^ | Purchase and Sale Agreement, dated August 8, 2025 (25) |
| 10.19 | Form of Securities Purchase Agreement (20) |
| 19.1* | Statement of Company Policy on Insider Trading |
| 21* | List of Subsidiaries |
| 23.1* | Consent of InSite Petroleum Consultants Ltd. |
| 23.2* | Consent of Weaver and Tidwell, L.L.P. |
| 31.1* | Certification of Chief Executive Officer Pursuant To Section 302 of the Sarbanes-Oxley Act of 2002 |
| 31.2* | Certification of Chief Financial Officer Pursuant To Section 302 of the Sarbanes-Oxley Act of 2002 |
| 32** | Certification Pursuant To Section 906 of the Sarbanes-Oxley Act of 2002 |
| 97 | Barnwell Industries, Inc. Clawback Policy (21) |
| 99.1* | Reserve Report Summary prepared by InSite Petroleum Consultants Ltd. |
| 101.INS* | XBRL Instance Document |
| 101.SCH* | XBRL Taxonomy Extension Schema Document |
| 101.CAL* | XBRL Taxonomy Extension Calculation Linkbase Document |
| 101.DEF* | XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB* | XBRL Taxonomy Extension Label Linkbase Document |
| 101.PRE* | XBRL Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
- Filed herewith.
** Furnished herewith.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.