secwatch.observer — SEC 8-K summary
======================================

Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001010549-22-000237
Event type: earnings
Sentiment:  positive
Materiality: 0.35
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Concept Energy swings to Q3 net income of $27k vs year-ago loss; directors reelected
--------------------------------------------------------------------------------

- Q3 2022 net income $27k ($0.01 EPS) vs net loss of $8k ($0.01 loss) in Q3 2021.
- Revenue rose to $63k from $25k YoY, driven by new management fee income of $38k.
- Corporate G&A increased to $71k from $53k; interest income unchanged at $53k.
- Shareholders elected all five director nominees and ratified Swalm & Associates as auditor.
- Gene Bertcher reelected Chairman, President, CEO and CFO at board meeting same day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000101054922000237/0001010549-22-000237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000101054922000237/newconcept8k.htm
  HTML page:      https://secwatch.observer/filing/0001010549-22-000237

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