---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-22-010081"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-23T23:42:03.587733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy reports Q2 net income of $138K, up from $49K YoY; includes one-time gains of $130K

## Summary
- Net income of $138K ($0.02 EPS) in Q2 2022 vs $49K ($0.01 EPS) in Q2 2021.
- Revenue of $47K includes $26K rental income and $21K management fees vs $26K rental income only in prior year.
- Other income of $184K includes $62K from collection of fully reserved investment and $68K gain on equipment sale.
- Corporate G&A decreased to $80K from $111K; cash at $372K vs $252K at year-end.
- Six-month net income $143K ($0.03 EPS) vs $128K ($0.02 EPS) in prior period.

## SEC filing metadata
- accession: 0001214659-22-010081
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000121465922010081/0001214659-22-010081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465922010081/r8122208k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-22-010081
- JSON: https://secwatch.observer/filing/0001214659-22-010081.json
- Plain text: https://secwatch.observer/filing/0001214659-22-010081.txt

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