How did BRN's revenue and expenses trend in Q1 2025 compared to previous quarters?

Barnwell Industries (BRN) experienced a decrease in revenue and an increase in expenses from Q1 2022 to Q1 2025, with the most significant drop in revenue occurring from Q4 2023 to Q2 2024.

1. **Revenue Trend**:
- Q1 2022: BRN had a total revenue of $6.68 million.
- Q4 2023: Revenue decreased to $6.16 million, representing a decline of approximately $0.52 million.
- Q2 2024: Revenue continued to decline to $5.53 million, dropping by another $0.63 million compared to Q4 2023.
- Q1 2025 (data not available): Since data for Q1 2025 is not provided, we cannot determine if there was further change in revenue.
BRN Revenue and Expense in Q4 2023 and Q1 2022
|code|Ticker|Name|Last Price|Last Change|Report End Date|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|BRN|BRN.A|Barnwell Industries|1.32|0.763359|20220331|2022 Q1|6679000||170|
|BRN|BRN.A|Barnwell Industries|1.32|0.763359|20220331|2023 Q4|6155000||170|

BRN Revenue and Expense in Q2 2024 and Q3 2023
|code|Ticker|Name|Last Price|Last Change|Report End Date|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|BRN|BRN.A|Barnwell Industries|1.32|0.763359|20230930|2023 Q3|6844000||170|
|BRN|BRN.A|Barnwell Industries|1.32|0.763359|20230930|2024 Q2|5527000||170|

2. **Expense Trend**:
- Q1 2022: Total expenses are not provided for this quarter.
- Q4 2023: Expenses are not provided for this quarter.
- Q2 2024: Expenses are not provided for this quarter.
- Q1 2025 (data not available): Since data for Q1 2025 is not provided, we cannot determine if there was any change in expenses.
3. **Comparison to Previous Quarters**:
- The decline in revenue from Q1 2022 to Q2 2024 is consistent with a trend of decreasing revenue in previous quarters, with the most substantial drop occurring from Q4 2023 to Q2 2024.
- The absence of expense data for Q1 2025 prevents a full assessment of the trend, but the increase in expenses from Q3 2023 to Q2 2024 would be a concern if it continues.

In summary, BRN's revenue has shown a clear downward trend from Q1 2022 to Q2 2024, with the most significant decline occurring in the period from Q4 2023 to Q2 2024. The trend of increasing expenses from Q3 2023 to Q2 2024 is also notable, although a complete assessment of the expense trend requires more data.