---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-26-004379"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T06:58:29.547895+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GBR Q4 net income $12K vs loss; full-year net loss $46K; collected $50K on old note

## Summary
- Q4 2025 net income of $12,000 vs net loss of $19,000 in Q4 2024.
- Full year 2025 net loss of $46,000 vs net loss of $18,000 in 2024.
- Rental revenue $103,000 (up $2K) and management fees $52,000 (up $7K).
- Interest income fell to $169,000 from $213,000 due to lower variable rate on note.
- Collected $50,000 on a previously fully reserved note receivable in Q4.

## SEC filing metadata
- accession: 0001214659-26-004379
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 99.2
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000121465926004379/0001214659-26-004379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465926004379/o462628k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-004379
- JSON: https://secwatch.observer/filing/0001214659-26-004379.json
- Plain text: https://secwatch.observer/filing/0001214659-26-004379.txt

## Key facts
- Earnings Releases
  New Concept Energy, Inc. reported the quarter ended December 31, 2025 results: revenue $103,000, net income $12,000.
  - Period: the quarter ended December 31, 2025
  - Revenue: $103,000
  - Net income: $12,000
  - Result: reported results
  source text: $46,000 compared to a net loss of $18,000 for the same period ended December 31, 2043. Fiscal 2025 as compared to 2024 Revenues: Revenues from rent for the leased property was $103,000 in 2025 and $101,000 in 2024. Revenues from managing the oil and gas operations for a third party was $52,000 and $45,000 in 2025 and 2024. The management agreement has the
  evidence_url: https://www.sec.gov/Archives/edgar/data/105744/000121465926004379/0001214659-26-004379-index.htm

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