secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001214659-24-015005
Event type: earnings
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000121465924015005/0001214659-24-015005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000121465924015005/p8192408k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-015005

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