New Concept Energy swings to Q2 profit; net income $49K, $0.01 EPS

New Concept Energy, Inc.

Net income from continuing ops $49K vs loss of $57K in Q2 2020.
Net income attributable to common shares $49K ($0.01/share) vs net loss $137K ($0.03 loss) in prior year.
Revenue flat at $26K from property lease; G&A expenses down to $111K from $127K.
Other income includes $100K gain on sale of previously reserved receivable.
Cash balance increased to $261K from $27K at Dec. 31, 2020.

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