Barnwell Industries reports Q4 rev. of $3.02mln, net loss of $2.43mln

• Barnwell Industries reports Q4 revenue of $3,022,000 • Net loss from continuing ops of $2,429,000 or $0.24 per share • FY revenue from continuing ops at $13,697,000 • Net loss from continuing ops of $7,103,000 or $0.71 per share • Higher general and administrative expenses drove net loss increase • Significant one-time, non-recurring expenses were incurred • Recent capital raise lays groundwork for future success