---
schema_version: "secwatch.filing_event.v1"
accession: "0001010549-22-000144"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T13:28:46.258750+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy reports Q1 net income of $5,000, down from $79,000 YoY

## Summary
- Net income applicable to common shares $5,000 vs $79,000 in Q1 2021.
- Total revenue $45,000 ($25,000 rent, $20,000 management fees) up from $26,000.
- EPS of $0.01 per share, flat YoY.
- Current assets $3.9M, current liabilities $96,000; no debt outstanding.
- Operating loss widened to $47,000 from $66,000 YoY.

## SEC filing metadata
- accession: 0001010549-22-000144
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000101054922000144/0001010549-22-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000101054922000144/newconcept8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001010549-22-000144
- JSON: https://secwatch.observer/filing/0001010549-22-000144.json
- Plain text: https://secwatch.observer/filing/0001010549-22-000144.txt

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