Welcome to our dedicated page for New Concept Energy SEC filings (Ticker: GBR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
New Concept Energy Inc. SEC filings document the reporting obligations of a Nevada corporation whose business includes West Virginia real estate ownership and management services for a third-party oil and gas company. Its Form 8-K filings furnish operating results, financial condition updates and related exhibits tied to quarterly and annual announcements.
The filing record also includes material definitive agreement disclosures, definitive proxy materials and stockholder-vote reports. These documents cover governance matters, annual meeting proposals, board elections, common stock and Series B preferred stock voting information, capital-structure items, and exchange-listing related share issuance matters.
New Concept Energy, Inc. (GBR) reported stockholder approval of an unregistered issuance of up to 2,000,000 shares of common stock to Realty Advisors, Inc. (RAI) at $1.00 per share in cash under a Subscription Agreement, relying on the Section 4(2) exemption under the Securities Act.
The issuance remains subject to NYSE American approval of an additional listing application for the 2,000,000 new shares. Once approved and issued, the Company will receive $2,000,000 in cash and RAI will hold 2,400,000 shares out of 7,131,935 shares outstanding, or about 33.65%, which the Company states will constitute a change in control.
RAI currently owns 400,000 shares, or 7.79%. At the August 21, 2026 annual meeting, all incumbent directors were re-elected, the appointment of Turner Stone & Company LLP as auditor was ratified, and the share issuance proposal passed with 1,872,051 votes for and 128,492 against.
New Concept Energy, Inc. reported second quarter 2026 results for the period ended June 30, 2026. The company generated $41,000 in revenue, consisting of $26,000 of rental income and $15,000 of management fees, compared with $40,000 a year earlier.
Net loss from continuing operations widened to ($66,000) from ($18,000) in the prior-year quarter, mainly as corporate general and administrative expenses increased to $129,000 from $85,000. Interest income declined to $35,000 from $42,000. For the six months ended June 30, 2026, revenue was $80,000 and the net loss was ($80,000).
On the balance sheet, total assets were $4.53 million and total stockholders’ equity was $4.41 million as of June 30, 2026, with current assets of $369,000 versus current liabilities of $116,000.
New Concept Energy, Inc. reported small but rising losses for the quarter and six months ended June 30, 2026. For the quarter, revenue was $41,000 and the net loss applicable to common shares was $66,000, compared with revenue of $40,000 and a net loss of $18,000 a year earlier.
For the first six months of 2026, revenue was $80,000 and the net loss was $80,000, versus revenue of $78,000 and a net loss of $38,000 in 2025. Corporate general and administrative expenses rose to $129,000 for the quarter and $206,000 year-to-date. Interest income from a $3.542 million unsecured note receivable partly offset operating losses.
At June 30, 2026, total assets were $4.527 million, including cash of $304,000 and a note receivable from American Realty Investors, Inc. of $3.542 million, with current liabilities of $116,000. The company operates a single commercial real estate segment and continues to evaluate additional business opportunities.
New Concept Energy, Inc. reports that its July 24, 2026 annual stockholder meeting was called to order but then recessed because a quorum was not established.
On the June 19, 2026 record date, 5,131,934 common shares and 559 Series B Preferred shares were outstanding, each entitled to one vote. The agenda covered director elections, ratification of the independent registered public accounting firm, and approval of a proposed sale of 2,000,000 common shares to one party. Because fewer than the requisite properly executed proxies were received, the chair recessed the meeting until August 21, 2026 at 10:30 a.m. to allow further proxy solicitation so stockholders entitled to cast at least 2,566,247 votes can be represented for a quorum.
New Concept Energy, Inc. is asking stockholders to elect five incumbent directors, ratify Turner Stone & Company LLP as independent auditor, and approve issuing 2,000,000 new common shares to Realty Advisors, Inc. at a price of at least $1.00 per share.
The company has 5,131,934 common shares outstanding as of June 19, 2026, and uses this issuance to help satisfy NYSE American market-capitalization requirements and support continued listing. After the transaction, total shares would rise to 7,131,934 and Realty Advisors, Inc. would own about 33.65% of the common stock, creating a deemed change of control and concentrating voting power.
The company estimates pro forma book value per share would increase modestly, from $0.875 to $0.91 based on the December 31, 2025 balance sheet, with stockholders’ equity rising from $4,477 to $6,477. Net proceeds of about $2,000,000 are expected to fund potential acquisitions and provide additional working capital.
New Concept Energy, Inc. is asking stockholders to approve the issuance of 2,000,000 shares of Common Stock to Realty Advisors, Inc., subject to stockholder and NYSE American approval. The Company says the sale would be at not less than $1.00 per share for total consideration of $2,000,000.
The proposal would increase shares outstanding from 5,131,934 to 7,131,934 on a pro forma basis and the Company states the new shares would represent approximately 28% of issued and outstanding shares; the filing also states Realty Advisors would hold roughly 33.65% of the common stock when combined with its existing 400,000-share position. The issuance is presented as a step to address NYSE American listing requirements and as potential funding for future acquisitions.
New Concept Energy, Inc. reported a first quarter 2026 net loss from continuing operations of $14,000, an improvement from a net loss of $20,000 for the same period in 2025.
Revenue for the three months ended March 31, 2026 was $39,000, up slightly from $38,000 a year earlier, consisting of $26,000 in rental income and $13,000 in management fees. Corporate general and administrative expenses declined to $77,000 from $89,000, helping reduce the loss, while basic and diluted net loss per common share remained at $(0.01).
New Concept Energy, Inc. reported a small net loss of $14,000, or $(0.01) per share, for the quarter ended March 31, 2026, modestly improving from a $20,000 loss a year earlier. Revenue was stable at $39,000, mainly from rental income of $26,000 and consulting management fees of $13,000.
Corporate general and administrative expenses declined to $77,000 from $89,000, while interest income, largely from related parties, was $37,000. The company held $318,000 in cash, had current assets of $380,000 against current liabilities of $64,000, no interest-bearing debt, and a related-party note receivable of $3.542 million due in 2027, secured at a SOFR-based rate. Management states disclosure controls were effective and notes no material subsequent events.
New Concept Energy, Inc. is soliciting proxies for its Annual Meeting on June [ ], 2026 to elect five directors, ratify its auditor and seek stockholder approval to issue 2,000,000 shares of Common Stock to Realty Advisors, Inc. at a price of at least $1.00 per share. The issuance would increase outstanding Common Stock from 5,131,934 to 7,131,934 shares and Realty Advisors’ holdings would rise from 400,000 shares (about 7.79%) to approximately 33.65% on a pro forma basis. The proxy materials state the Company expects to receive approximately $2,000,000 and to use proceeds to pursue a possible acquisition and for working capital; NYSE American stockholder approval is required because the issuance would exceed 20% of outstanding shares.
New Concept Energy, Inc. seeks stockholder approval to issue 2,000,000 shares of Common Stock to Realty Advisors, Inc., subject to NYSE American approval. The proposed issuance would increase outstanding shares to 7,131,934 and Realty Advisors would hold approximately 33.65% after issuance.
The issuance is priced at not less than $1.00 per share (a total of $2,000,000) under a Purchase Agreement effective April 13, 2026. Proceeds are expected to be used to fund a possible acquisition and working capital. The proposal requires a majority vote of shares present and a separate NYSE American listing approval before certificates may be issued.