Home / Going-concern warnings / BARNWELL INDUSTRIES INC
Filed 2025-08-13 路 Form 10-Q 路 Accession 0000010048-25-000025 nano
Price before filing: $1.15 (2025-08-12 close, split/dividend-adjusted)
Market cap at flag: $11.6M (2025-08-13) 路 Latest: $13.1M (2026-10-16)
| Window | BRN | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -0.9% | +2.3% | -3.2% | 2025-09-12 |
| 90 days | +7.0% | +6.6% | +0.4% | 2025-11-11 |
| 180 days | -11.3% | +8.6% | -19.9% | 2026-02-09 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"Furthermore, because of the greater uncertainty about our cash inflows described above, there is substantial doubt about our ability to fund our non-discretionary cash outflows and thus substantial doubt about our ability to continue as a going concern for one year from the date of the filing of this report."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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