---
schema_version: "secwatch.filing_event.v1"
accession: "0001010549-21-000190"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2021-08-18T23:59:59+00:00"
generated_at: "2026-06-29T09:06:36.195834+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001010549-21-000190
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2021-08-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000101054921000190/0001010549-21-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000101054921000190/newconcept8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001010549-21-000190
- JSON: https://secwatch.observer/filing/0001010549-21-000190.json
- Plain text: https://secwatch.observer/filing/0001010549-21-000190.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.