8-K

New Concept Energy, Inc. (GBR)

8-K 2025-11-17 For: 2025-11-14
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Added on April 11, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the SecuritiesExchange Act

Date of Report (Date of earliest event reported): November 14, 2025
NEW CONCEPT ENERGY, INC.
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(Exact Name of Registrant as Specified in its Charter)
Nevada 000-08187 75-2399477
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(State or other jurisdiction of incorporation) (Commission File No.) (I.R.S. Employer Identification No.)
1603 LBJ Freeway, Suite 800<br><br> <br>Dallas, Texas ****<br><br> <br>75234
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code 972-407-8400
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under<br>the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under<br>the Exchange Act (17 CFR 240.14a-12)
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¨ Pre-commencement communications pursuant to Rule<br>14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨ Pre-commencement communications pursuant to Rule<br>13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading<br><br> <br>Symbol Name of Each Exchange on which Registered
Common Stock, par value $0.01 GBR NYSE American

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ('230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ('240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ¨

Section 2 – Financial Information


Item 2.02. Results of Operations and Financial Condition

On November 12, 2025, New Concept Energy, Inc. (“GBR” or the “Company”) announced its operational results for the quarter ended September 30, 2025. A copy of the announcement is attached as Exhibit “99.1.”

The information furnished pursuant to Item 2.02 in this Form 8-K, including Exhibit “99.1” attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. We undertake no duty or obligation to publicly update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.

Section 9 – Financial Statements andExhibits


Item 9.01. Financial Statements and Exhibits

(d)       Exhibits.

The following exhibit is furnished with this Report:

Exhibit<br><br> <br>Designation Description of Exhibit
99.1* Press Release, dated November 12, 2025

_________________________

* Furnished herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.

Dated: November 13, 2025

NEW CONCEPT ENERGY, INC.
By: /s/Gene S. Bertcher
Gene S. Bertcher, President and Chief Financial Officer

Exhibit 99.1

NEWS RELEASE<br><br> <br><br><br> <br>FOR IMMEDIATE RELEASE Contact:<br><br> <br><br><br> <br>New Concept Energy Inc.<br><br> <br>Investor Relations<br><br> <br>Gene Bertcher, (800) 400-6407<br><br> <br>info@newconceptenergy.com

New Concept Energy, Inc. Reports Third Quarter2025 Results

Dallas (November 12, 2025) – New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of Operations for the third quarter ended September 30, 2025.

The Company reported a net loss of ($20,000) for the three months ended September 30, 2024, as compared to a net loss of ($4,000) for the similar period in 2023.

For the three months ended September 30, 2025 the Company had revenue of $39,000 including $26,000 for rental revenue and $13,000 for management fees as compared to revenue of $37,000 including $26,000 for rental revenue and $11,000 for management fees for the comparative period in 2024.

For the three months ended September 30, 2025, corporate general & administrative expenses were $88,000 as compared to $79,000 for the comparable periods in 2024.

For the three months ended September 30, 2024, interest income was $43,000 as compared to $52,000 for the comparable periods in 2024.

New Concept Energy, Inc. is a Dallas-based company which owns real estate in West Virginia and provides management services for a third party oil and gas company. For more information, visit the Company’s website at www.newconceptenergy.com.

Contact: New Concept Energy, Inc.

Gene Bertcher, (800) 400-6407

info@newconceptenergy.com

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS

(amounts in thousands)

September 30, <br> 2025 December 31,<br><br> <br>2024
(Unaudited) (Audited)
Assets
Current assets
Cash and cash equivalents $ 307 $ 363
Other current assets 27 9
Total current assets 334 372
Property and equipment, net of depreciation
Land, buildings and equipment 626 636
Note and interest receivable - related party
Note receivable 3,542 3,542
Interest receivable 40 44
3,582 3,586
Total assets $ 4,542 $ 4,594

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS - CONTINUED

(amounts in thousands, except share and parvalue amount)

December 31,<br><br> <br>2024
(Unaudited) (Audited)
Liabilities and stockholders' equity
Current liabilities
Accounts payable 27 $ 20
Accrued expenses 36 37
Total current liabilities 63 57
Stockholders' equity
Preferred stock, Series B, 10 par value; authorized 100,000 shares, 1<br> issued and outstanding at September 30, 2025 and December 31, 2024 1 1
Common stock, .01 par value; authorized,<br>100,000,000 shares; issued and outstanding, 5,131,934 shares at September 30, 2025 and December 31, 2024 51 51
Additional paid-in capital 63,579 63,579
Accumulated deficit (59,152 ) (59,094 )
Total stockholders' equity 4,479 4,537
Total liabilities & stockholders' equity 4,542 $ 4,594

All values are in US Dollars.

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(amounts in thousands, except per share data)

For the Three Months<br><br> <br>ended September 30, For the Nine Months<br><br> <br>ended September 30,
2025 2024 2025 2024
Revenue
Rent $ 26 $ 26 $ 78 $ 76
Management Fee 13 11 39 34
Total Revenues 39 37 117 110
Operating Expenses
Operating Expenses 14 14 41 39
Corporate general and administrative 88 79 262 235
Total Operating Expenses 102 93 303 274
Loss from operations (63 ) (56 ) (186 ) (164 )
Other Income
Interest income from related parties 40 50 117 160
Interest income from a third party 3 2 11 5
Total Other Income 43 52 128 165
Net income (loss) applicable to common shares $ (20 ) $ (4 ) $ (58 ) $ 1
Net income (loss) per common share-basic and diluted $ (0.01 ) $ (0.01 ) $ (0.01 ) $ 0.01
Weighted average common and equivalent shares outstanding - basic and diluted 5,132 5,132 5,132 5,132