secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001214659-24-009482
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Concept Energy Q1 net income $2,000 (down 88%); revenue $36,000
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000121465924009482/0001214659-24-009482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000121465924009482/g5162458k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-009482

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