{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-015599","form_type":"8-K","ticker":"GBR","cik":"0000105744","company_name":"New Concept Energy, Inc.","filed_at":"2023-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.064698+00:00","generated_at":"2026-06-07T20:45:34.415030+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"New Concept Energy Q3 net income $7K, down from $27K YoY; revenue falls 44%","bullets":["Net income $7,000 for Q3 2023 vs $27,000 in Q3 2022; EPS $0.01 unchanged.","Revenue $35,000 ($25K rent, $10K mgmt fees) down 44% from $63,000.","Nine-month net income $18,000 vs $170,000 in prior year.","Total assets $4.658M, cash $460K; shareholders' equity $4.594M.","Management fees declined due to lower oil and gas selling prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-015599","json":"https://secwatch.observer/filing/0001214659-23-015599.json","markdown":"https://secwatch.observer/filing/0001214659-23-015599.md","text":"https://secwatch.observer/filing/0001214659-23-015599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/105744/000121465923015599/0001214659-23-015599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105744/000121465923015599/p11222328k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T20:45:34.415030+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"78700ee07cbcb5c958f1e3b68ead2ca00cbfe247","claim":"New Concept Energy, Inc. reported third quarter ended September 30, 2023 results: revenue $35,000, net income $7,000, EPS $0.01.","evidence_excerpt":"The Company reported net income of $7,000 for the three months ended September 30, 2023, as compared to net income of $27,000 for the similar period in 2022. For the three months ended September 30, 2023 the Company had revenue of $35,000","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/105744/000121465923015599/0001214659-23-015599-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$35,000"},{"label":"Net income","value":"$7,000"},{"label":"EPS","value":"$0.01"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}