{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-009482","form_type":"8-K","ticker":"GBR","cik":"0000105744","company_name":"New Concept Energy, Inc.","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.078749+00:00","generated_at":"2026-06-01T14:19:33.274207+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 Q1 net income $2,000 (down 88%); revenue $36,000","bullets":["Net income for Q1 2024 was $2,000 (diluted EPS $0.00), down from $17,000 in Q1 2023.","Revenue decreased to $36,000 ($25,000 rental income, $11,000 management fees) from $45,000.","Corporate G&A expenses increased to $78,000 from $68,000 in the prior year period.","Interest income was $57,000, compared to $52,000 in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-009482","json":"https://secwatch.observer/filing/0001214659-24-009482.json","markdown":"https://secwatch.observer/filing/0001214659-24-009482.md","text":"https://secwatch.observer/filing/0001214659-24-009482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/105744/000121465924009482/0001214659-24-009482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105744/000121465924009482/g5162458k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T14:19:33.274207+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":"561d7c9a4cb31edcd2f51d7dd8080e02d0ed9023","claim":"New Concept Energy, Inc. reported the first quarter ended March 31, 2024 results: revenue $36,000, net income $2,000.","evidence_excerpt":"common shares of $2,000, compared to net income of $17,000 for the three months ended March 31, 2023. For the three months ended March 31,2024 the Company had revenue of $36,000 including $25,000 for rental income and $11,000 in management fees. Revenue for the three months ended March 31,2023 was $45,000. For the three months ended March 31, 2024,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/105744/000121465924009482/0001214659-24-009482-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$36,000"},{"label":"Net income","value":"$2,000"},{"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"}