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LOSS PER COMMON SHARE | 6 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
LOSS PER COMMON SHARE | LOSS PER COMMON SHARE Basic loss per share is computed using the weighted-average number of common shares outstanding for the period. Diluted loss per share is calculated using the treasury stock method to reflect the assumed issuance of common shares for all potentially dilutive securities, which consist of outstanding stock options and nonvested restricted stock units. Potentially dilutive shares are excluded from the computation of diluted loss per share if their effect is anti-dilutive. Options to purchase 465,000 shares of common stock and 258,699 restricted stock units were excluded from the computation of diluted shares for the three months ended March 31, 2025, as their inclusion would have been anti-dilutive. Options to purchase 465,000 shares of common stock and 237,475 restricted stock units were excluded from the computation of diluted shares for the six months ended March 31, 2025, as their inclusion would have been anti-dilutive. Options to purchase 465,000 shares of common stock and 76,336 restricted stock units were excluded from the computation of diluted shares for the three and six months ended March 31, 2024, as their inclusion would have been anti-dilutive. Reconciliations between net loss attributable to Barnwell stockholders and common shares outstanding of the basic and diluted net loss per share computations are detailed in the following table:
| Three months ended March 31, |  | Six months ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator: |  |  |  |  |  |  |
Net loss from continuing operations | $ | (1,538,000) |  |  | $ | (1,084,000) |  |  | $ | (3,138,000) |  |  | $ | (1,432,000) |
Less: Net earnings (loss) attributable to non-controlling interests of continuing operations | — |  |  | 222,000 |  |  | (2,000) |  |  | 224,000 |
Net loss from continuing operations attributable to Barnwell Industries, Inc. | (1,538,000) |  |  | (1,306,000) |  |  | (3,136,000) |  |  | (1,656,000) |
Net earnings (loss) from discontinued operations | 331,000 |  |  | (466,000) |  |  | 12,000 |  |  | (780,000) |
Net loss attributable to Barnwell Industries, Inc. | $ | (1,207,000) |  |  | $ | (1,772,000) |  |  | $ | (3,124,000) |  |  | $ | (2,436,000) |
Denominator: |  |  |  |  |  |  |
Basic weighted-average number of common shares outstanding | 10,053,534 |  | 10,019,172 |  | 10,050,319 |  | 10,007,905
Effect of dilutive securities - common stock options and restricted stock units | — |  | — |  | — |  | —
Diluted weighted-average number of common shares outstanding | 10,053,534 |  | 10,019,172 |  | 10,050,319 |  | 10,007,905
Basic and diluted (loss) earnings per common share: |  |  |  |  |  |  |
Net loss per common share from continuing operations attributable to Barnwell Industries, Inc. stockholders | $ | (0.15) |  |  | $ | (0.13) |  |  | $ | (0.31) |  |  | $ | (0.16) |
Net earnings (loss) per common share from discontinued operations | 0.03 |  |  | (0.05) |  |  | — |  |  | (0.08) |
Net loss per common share attributable to Barnwell Industries, Inc. stockholders | $ | (0.12) |  |  | $ | (0.18) |  |  | $ | (0.31) |  |  | $ | (0.24) |

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