Microcap Ledger New Concept Energy, Inc. $GBR
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- NYSE American
- Sector
- Crude Petroleum & Natural Gas
- Headquarters
- Dallas, TX
- Fiscal year end
- December 31
- Shares outstanding
- 5,131,934 [10-Q 2026-08-10]
What the company doesAI summary of filing
New Concept Energy, Inc. owns approximately 190 acres of land in Parkersburg, West Virginia, with four structures totaling about 53,000 square feet; as of December 31, 2025, approximately 16,000 square feet of the main building is leased for $103,000 per annum. The company sold its oil and gas wells and mineral leases in August 2020 but receives 10 percent of revenue from these wells in exchange for providing advisory, accounting, and management services to the current owner under a consulting agreement effective January 1, 2022. The company intends to continue operating or selling its West Virginia property and seeks to establish or acquire new business operations. As of December 31, 2025, the company employed two people, with other work contracted to third parties. [10-K 2026-03-31]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 6 months to Jun 2026 | $80.0K | −$80.0K | −$79.0K | $304.0K | [10-Q 2026-08-10] |
| FY ended Dec 2025 | $155.0K | −$46.0K | $20.0K | $383.0K | [10-K 2026-03-31] |
| FY ended Dec 2024 | $146.0K | −$18.0K | −$64.0K | $363.0K | [10-K 2026-03-31] |
- Quarterly cash burn
- −$39.5K
- Cash runway Estimate
- ~23.1 months
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-11-13 | 5,131,934 | [10-Q 2024-11-13] |
| 2025-03-17 | 5,131,934 | [10-K 2025-03-24] |
| 2025-05-14 | 5,131,934 | [10-Q 2025-05-15] |
| 2025-08-12 | 5,131,934 | [10-Q 2025-08-13] |
| 2025-11-11 | 5,131,934 | [10-Q 2025-11-12] |
| 2026-03-30 | 5,131,934 | [10-K 2026-03-31] |
| 2026-05-06 | 5,131,934 | [10-Q 2026-05-07] |
| 2026-08-07 | 5,131,934 | [10-Q 2026-08-10] |
Listing status
Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-09-29 | Realty Advisors Inc | buy | 2,000,000 | $1.00 | [4 2026-10-01] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-10-02 | 13D/A | Beneficial ownership report (5%+ holder) |
| 2026-08-24 | 8-K | Unregistered sale of equity; Change in control; Shareholder vote results |
| 2026-08-12 | 8-K | Results of operations |
| 2026-08-10 | 10-Q | Quarterly report |
| 2026-07-27 | 8-K | Shareholder vote results |
| 2026-06-23 | DEF 14A | Proxy statement |
| 2026-05-11 | 8-K | Results of operations |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-04-16 | PRE 14A | Proxy statement |
| 2026-04-14 | 8-K | Material agreement entered; Unregistered sale of equity |
| 2026-04-07 | 8-K | Results of operations |
| 2026-03-31 | 10-K | Annual report |
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