---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-006148"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:39:21.253767+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy reports Q4 2023 net loss of $39K; full year net loss $21K

## Summary
- Q4 2023 net loss of $39,000 vs net income of $11,000 in Q4 2022.
- Full year 2023 net loss of $21,000 vs net income of $181,000 in 2022.
- Management fee revenue fell to $51,000 from $111,000 due to lower oil and gas prices.
- Interest income increased to $222,000 in 2023 from $212,000 in 2022.

## SEC filing metadata
- accession: 0001214659-24-006148
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2024-04-05T23:59:59+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/105744/000121465924006148/0001214659-24-006148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465924006148/z442418k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-006148
- JSON: https://secwatch.observer/filing/0001214659-24-006148.json
- Plain text: https://secwatch.observer/filing/0001214659-24-006148.txt

## Key facts
- Earnings Releases
  New Concept Energy, Inc. reported the full year ended December 31, 2023 results: revenue $101,000 in 2023, net income net loss of $21,000.
  - Period: the full year ended December 31, 2023
  - Revenue: $101,000 in 2023
  - Net income: net loss of $21,000
  - Result: reported results
  source text: New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2023 Results Dallas (April 1, 2024) New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105744/000121465924006148/0001214659-24-006148-index.htm

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