---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-010910"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:13:38.393068+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy posts Q2 net loss of $6K vs $138K income a year ago

## Summary
- Q2 2023 revenue fell to $35K ($26K rent + $9K mgmt fees) from $47K in Q2 2022.
- Net loss of $6K (EPS -$0.01) vs net income of $138K ($0.02) in Q2 2022.
- Q2 2023 operating expenses of $95K vs $93K prior year; no major changes.
- Prior-year income included $62K investment recovery and $68K equipment gain.

## SEC filing metadata
- accession: 0001214659-23-010910
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000121465923010910/0001214659-23-010910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465923010910/g892318k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-010910
- JSON: https://secwatch.observer/filing/0001214659-23-010910.json
- Plain text: https://secwatch.observer/filing/0001214659-23-010910.txt

## Key facts
- Earnings Releases
  New Concept Energy, Inc. reported second quarter ended June 30, 2023 results: revenue $35,000, net income net loss of $6,000, EPS $(0.01).
  - Period: second quarter ended June 30, 2023
  - Revenue: $35,000
  - Net income: net loss of $6,000
  - EPS: $(0.01)
  - Result: reported results
  source text: During the three months ended June 30, 2023, the Company reported a net loss of $6,000 compared to a net income of 138,000 for the three months ended June 30, 2022. For the three months ended June 30, 2023 the Company had revenue of $35,000 including $26,000 for rental income and $9,000 for management fees as compared to rental income of $26,000 and management fee of $21,000 for the comparable period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105744/000121465923010910/0001214659-23-010910-index.htm

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