secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001214659-23-007531
Event type: earnings
Sentiment:  positive
Materiality: 0.15
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Concept Energy Q1 net income rises to $17,000 from $5,000 YoY
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- Net income applicable to common shares: $17,000 for Q1 2023 vs $5,000 for Q1 2022.
- Revenue of $45,000, consisting of $25,000 rental income and $20,000 management fees.
- Corporate G&A expenses decreased to $68,000 from $80,000 in prior-year quarter.
- Interest income unchanged at $52,000 for both periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000121465923007531/0001214659-23-007531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000121465923007531/g5182308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-007531

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