---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-019237"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:33:43.244655+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 Q3 net loss of $4,000 vs profit $7,000 a year ago

## Summary
- Net loss of ($4,000) for Q3 2024 versus net income of $7,000 in Q3 2023; EPS ($0.01) vs $0.01.
- Revenue increased to $37,000 from $35,000, with rental revenue $26,000 and management fees $11,000.
- Corporate G&A expenses rose to $79,000 from $70,000, contributing to operating loss of $56,000.
- Interest income from related parties was $50,000, down from $53,000; total other income $52,000 vs $57,000.

## SEC filing metadata
- accession: 0001214659-24-019237
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2024-11-15T23:59:59+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/105744/000121465924019237/0001214659-24-019237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465924019237/z11142438k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-019237
- JSON: https://secwatch.observer/filing/0001214659-24-019237.json
- Plain text: https://secwatch.observer/filing/0001214659-24-019237.txt

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