---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-015005"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:24:02.605197+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy reports Q2 net income of $3,000 vs $6,000 loss a year ago

## Summary
- Net income for Q2 2024 was $3,000, compared to a net loss of $6,000 in Q2 2023.
- Revenue increased to $37,000 from $35,000, with rental income of $25,000 and management fees of $12,000.
- Corporate G&A expenses decreased to $78,000 from $81,000 year-over-year.
- Interest income rose to $56,000 from $54,000.
- Cash and cash equivalents were $416,000 at June 30, 2024, down from $447,000 at Dec 31, 2023.

## SEC filing metadata
- accession: 0001214659-24-015005
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000121465924015005/0001214659-24-015005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465924015005/p8192408k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-015005
- JSON: https://secwatch.observer/filing/0001214659-24-015005.json
- Plain text: https://secwatch.observer/filing/0001214659-24-015005.txt

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