secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001010549-22-000144
Event type: earnings
Sentiment:  negative
Materiality: 0.20
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000101054922000144/0001010549-22-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000101054922000144/newconcept8k.htm
  HTML page:      https://secwatch.observer/filing/0001010549-22-000144

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