secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001010549-21-000244
Event type: earnings
Sentiment:  negative
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Concept Energy reports Q3 2021 net loss of $8,000 on flat rental revenue of $25,000
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- Net loss from continuing operations of $8,000 in Q3 2021 vs net income of $82,000 in Q3 2020 (excluding one-time items).
- Rental revenue flat at $25,000; corporate G&A expenses decreased to $53,000 from $65,000.
- Q3 2020 results included $83,000 tax refund and $2.1M gain from sale of oil and gas business.
- For nine months ended Sept 30, 2021, earnings from continuing operations were $120,000 vs a loss of $8,000.
- Cash and cash equivalents rose to $249k from $27k at Dec 31, 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000101054921000244/0001010549-21-000244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000101054921000244/newconcept8k2.htm
  HTML page:      https://secwatch.observer/filing/0001010549-21-000244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer