secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001214659-24-019237
Event type: earnings
Sentiment:  negative
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Concept Energy reports Q3 net loss of $4,000 vs profit $7,000 a year ago
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000121465924019237/0001214659-24-019237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000121465924019237/z11142438k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-019237

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